Irene Becklund - Mar 15, 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 15, 2024
Transactions value $
-$303,324
Form type
4
Date filed
3/19/2024, 06:37 PM
Previous filing
Mar 7, 2024
Next filing
May 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction HIMS Class A Common Stock Options Exercise +19.8K 19.8K Mar 15, 2024 Direct F1
transaction HIMS Class A Common Stock Tax liability -$93.6K -6.4K -32.39% $14.63 13.4K Mar 15, 2024 Direct F2
transaction HIMS Class A Common Stock Options Exercise $4.44K +472 +3.53% $9.41 13.8K Mar 18, 2024 Direct F3
transaction HIMS Class A Common Stock Sale -$6.94K -472 -3.41% $14.70 13.4K Mar 18, 2024 Direct F3
transaction HIMS Class A Common Stock Sale -$207K -13.4K -100% $15.52 0 Mar 19, 2024 Direct F4

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 -4.07K -7.69% $0.00 48.8K Mar 15, 2024 Class A Common Stock 4.07K Direct F1, F5
transaction HIMS Restricted Stock Unit Options Exercise $0 -2.29K -10% $0.00 20.6K Mar 15, 2024 Class A Common Stock 2.29K Direct F1, F6
transaction HIMS Restricted Stock Unit Options Exercise $0 -4.02K -11.11% $0.00 32.2K Mar 15, 2024 Class A Common Stock 4.02K Direct F1, F7
transaction HIMS Restricted Stock Unit Options Exercise $0 -1.87K -11.12% $0.00 15K Mar 15, 2024 Class A Common Stock 1.87K Direct F1, F7
transaction HIMS Restricted Stock Unit Options Exercise $0 -2.69K -20% $0.00 10.8K Mar 15, 2024 Class A Common Stock 2.69K Direct F1, F8
transaction HIMS Restricted Stock Unit Options Exercise $0 -4.25K -20% $0.00 17K Mar 15, 2024 Class A Common Stock 4.25K Direct F1, F8
transaction HIMS Restricted Stock Unit Options Exercise $0 -3 -21.43% $0.00 11 Mar 15, 2024 Class A Common Stock 3 Direct F1, F8
transaction HIMS Restricted Stock Unit Options Exercise $0 -9 -21.43% $0.00 33 Mar 15, 2024 Class A Common Stock 9 Direct F1, F8
transaction HIMS Restricted Stock Unit Options Exercise $0 -415 -19.98% $0.00 1.66K Mar 15, 2024 Class A Common Stock 415 Direct F1, F8
transaction HIMS Restricted Stock Unit Options Exercise $0 -139 -20.06% $0.00 554 Mar 15, 2024 Class A Common Stock 139 Direct F1, F8
transaction HIMS Stock Option (right to buy) Options Exercise $0 -472 -10% $0.00 4.25K Mar 18, 2024 Class A Common Stock 472 $9.41 Direct F3, F9

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 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 stock option exercises and related 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.
F4 The 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.
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 the specified vesting dates of March 15, June 15, September 15 and December 15 (each, a "Company Quarterly Vesting Date"), with the first such vesting date on June 15, 2023.
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 September 15, 2022.
F7 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.
F8 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, 2021.
F9 The shares of Class A common stock subject to the 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.