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

Role: Chief Marketing Officer
Signature: /s/ Alexandra Cotter Wilkins, Attorney-in-Fact
Stock symbol: HIMS
Transactions as of: Mar 15, 2024
Transactions value $: -$402,837
Form type: 4
Date filed: 3/19/2024, 06:01 PM
Previous filing: Mar 1, 2024
Next filing: Jun 4, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HIMS	Class A Common Stock	Options Exercise		+57.2K	+39.12%		203K	Mar 15, 2024	Direct	F1
transaction	HIMS	Class A Common Stock	Tax liability	-$403K	-27.5K	-13.55%	$14.63	176K	Mar 15, 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	-15K	-16.67%	$0.00	75K	Mar 15, 2024	Class A Common Stock	15K		Direct	F1, F3
transaction	HIMS	Restricted Stock Unit	Options Exercise	$0	-9.36K	-11.11%	$0.00	74.9K	Mar 15, 2024	Class A Common Stock	9.36K		Direct	F1, F4
transaction	HIMS	Restricted Stock Unit	Options Exercise	$0	-16.5K	-9.09%	$0.00	165K	Mar 15, 2024	Class A Common Stock	16.5K		Direct	F1, F5
transaction	HIMS	Restricted Stock Unit	Options Exercise	$0	-16.3K	-7.69%	$0.00	196K	Mar 15, 2024	Class A Common Stock	16.3K		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.