Michael Chi - 15 Mar 2024 Form 4 Insider Report for Hims & Hers Health, Inc. (HIMS)

Signature
/s/ Alexandra Cotter Wilkins, Attorney-in-Fact
Issuer symbol
HIMS
Transactions as of
15 Mar 2024
Net transactions value
-$402,837
Form type
4
Filing time
19 Mar 2024, 18:01:55 UTC
Previous filing
01 Mar 2024
Next filing
04 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HIMS Class A Common Stock Options Exercise +57,151 +39% 203,240 15 Mar 2024 Direct F1
transaction HIMS Class A Common Stock Tax liability $402,837 -27,535 -14% $14.63 175,705 15 Mar 2024 Direct F2

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 Restricted Stock Unit Options Exercise $0 -15,000 -17% $0.000000 75,000 15 Mar 2024 Class A Common Stock 15,000 Direct F1, F3
transaction HIMS Restricted Stock Unit Options Exercise $0 -9,357 -11% $0.000000 74,850 15 Mar 2024 Class A Common Stock 9,357 Direct F1, F4
transaction HIMS Restricted Stock Unit Options Exercise $0 -16,496 -9.1% $0.000000 164,956 15 Mar 2024 Class A Common Stock 16,496 Direct F1, F5
transaction HIMS Restricted Stock Unit Options Exercise $0 -16,298 -7.7% $0.000000 195,567 15 Mar 2024 Class A Common Stock 16,298 Direct F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Restricted Stock Units ("RSUs") represent a contingent right to receive one share of Class A Common Stock for each RSU.
F2 The shares of Class A Common Stock were withheld by the issuer to cover tax withholding obligations in connection with the reported vesting and settlement of RSUs.
F3 The RSUs are subject to a service-based vesting requirement, which shall be satisfied over a 4-year period, with 25% of the RSUs vesting on June 15, 2022, and the remaining 75% of the RSUs vesting insubstantially equal quarterly installments over the following 3 years, on the specified vesting dates of March 15, June 15, September 15 and December 15 (each, a "Company Quarterly Vesting Date") occurring thereafter.
F4 The RSUs are subject to a service-based vesting requirement, which shall be satisfied over a 4-year period, with the RSUs vesting in substantially equal quarterly installments on each Company Quarterly Vesting Date occurring on or after June 15, 2022.
F5 The RSUs are subject to a service-based vesting requirement, which shall be satisfied over a 4-year period, with the RSUs vesting in substantially equal quarterly installments on each Company Quarterly Vesting Date occurring on or after December 15, 2022.
F6 The RSUs are subject to a service-based vesting requirement, which shall be satisfied over a 4-year period, with the RSUs vesting in substantially equal quarterly installments on each Company Quarterly Vesting Date occurring on or after June 15, 2023.