Irene Becklund - Mar 1, 2024 Form 4 Insider Report for Hims & Hers Health, Inc. (HIMS)

Role
PAO
Signature
/s/ Alexandra Cotter Wilkins, Attorney-in-Fact
Stock symbol
HIMS
Transactions as of
Mar 1, 2024
Transactions value $
-$127,414
Form type
4
Date filed
3/5/2024, 04:39 PM
Previous filing
Feb 28, 2024
Next filing
Mar 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction HIMS Class A Common Stock Sale -$36.2K -2.75K -50% $13.16 2.75K Mar 1, 2024 Direct F1
transaction HIMS Class A Common Stock Options Exercise $169K +17.9K +652.71% $9.41 20.7K Mar 4, 2024 Direct F1
transaction HIMS Class A Common Stock Sale -$260K -17.9K -86.71% $14.50 2.75K Mar 4, 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HIMS Stock Option (right to buy) Options Exercise $0 -17.9K -79.17% $0.00 4.72K Mar 4, 2024 Class A Common Stock 17.9K $9.41 Direct F1, F2

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The stock option exercises and sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on September 11, 2023 by the Reporting Person.
F2 The shares of Class A common stock subject to the stock option vest in a series of forty-eight successive equal monthly installments beginning on February 16, 2021, subject to the Reporting Person's continuous service with the issuer.