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

Role
Chief Financial Officer
Signature
/s/ Alexandra Cotter Wilkins, Attorney-in-Fact
Stock symbol
HIMS
Transactions as of
Mar 15, 2024
Transactions value $
-$568,580
Form type
4
Date filed
3/19/2024, 06:03 PM
Previous filing
Mar 5, 2024
Next filing
Mar 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HIMS Class A Common Stock Options Exercise +70.7K +48.22% 217K Mar 15, 2024 Direct F1
transaction HIMS Class A Common Stock Tax liability -$569K -38.9K -17.88% $14.63 179K 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 -52.4K -11.11% $0.00 419K Mar 15, 2024 Class A Common Stock 52.4K Direct F1, F3
transaction HIMS Restricted Stock Unit Options Exercise $0 -18.3K -7.69% $0.00 220K Mar 15, 2024 Class A Common Stock 18.3K Direct F1, F4
* 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 the RSUs vesting 25% on March 15, 2023, and the remaining 75% vesting in substantially equal quarterly installments on the specified vesting dates of March 15, June 15, September 15 and December 15 (each, a "Company Quarterly Vesting Date").
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, 2023.