Michael Chi - 14 Jun 2024 Form 4 Insider Report for Hims & Hers Health, Inc. (HIMS)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
18 Jun 2024, 17:27:49 UTC
Prior SEC filing
12 Jun 2024
Next SEC filing
21 Jun 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Alexandra Cotter Wilkins, Attorney-in-Fact

Key filing fact

Michael Chi filed Form 4 for Hims & Hers Health, Inc. (HIMS) on 18 Jun 2024.

Key facts

  • This page summarizes Michael Chi's Form 4 filing for Hims & Hers Health, Inc. (HIMS).
  • 8 reported transactions and 5 derivative rows are listed below.
  • Accepted by SEC: 18 Jun 2024, 17:27.

Change

  • Previous filing in this sequence was filed on 12 Jun 2024.
  • Current net transaction value: -$1,607,397.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

HIMS transaction

Class A Common Stock

Options Exercise

Transaction value
Shares
+76,506
Change %
+43%
Price
Shares after
253,178
Date
14 Jun 2024
Ownership
Direct
Footnotes
F1
HIMS transaction

Class A Common Stock

Tax liability

Transaction value
$1,004,696
Shares
-42,303
Change %
-17%
Price
$23.75
Shares after
210,875
Date
14 Jun 2024
Ownership
Direct
Footnotes
F2
HIMS transaction

Class A Common Stock

Sale

Transaction value
$602,701
Shares
-25,549
Change %
-12%
Price
$23.59
Shares after
185,326
Date
18 Jun 2024
Ownership
Direct
Footnotes
F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

HIMS transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-15,000
Change %
-20%
Price
$0.000000
Shares after
60,000
Date
14 Jun 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
15,000
Exercise price
Footnotes
F1, F4
HIMS transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-9,356
Change %
-12%
Price
$0.000000
Shares after
65,494
Date
14 Jun 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
9,356
Exercise price
Footnotes
F1, F5
HIMS transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-16,495
Change %
-10%
Price
$0.000000
Shares after
148,461
Date
14 Jun 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
16,495
Exercise price
Footnotes
F1, F6
HIMS transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-16,297
Change %
-8.3%
Price
$0.000000
Shares after
179,270
Date
14 Jun 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
16,297
Exercise price
Footnotes
F1, F7
HIMS transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-19,358
Change %
-6.2%
Price
$0.000000
Shares after
290,376
Date
14 Jun 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
19,358
Exercise price
Footnotes
F1, F8
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 8 footnotes

Footnote F1

The Restricted Stock Units ("RSUs") represent a contingent right to receive one share of Class A Common Stock for each RSU.

Footnote 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.

Footnote F3

The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on March 1, 2024 by the Reporting Person.

Footnote F4

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.

Footnote 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 June 15, 2022.

Footnote 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 December 15, 2022.

Footnote 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, 2023.

Footnote 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 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, 2024.

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