Michael Chi - 23 Jul 2024 Form 4 Insider Report for Hims & Hers Health, Inc. (HIMS)

Reporting relationship: Chief Commercial Officer
Issuer ticker: HIMS
Reported as of: 23 Jul 2024
Net transaction value: -$359,054
SEC form: 4
Accepted by SEC: 25 Jul 2024, 16:41:03 UTC
Prior SEC filing: 16 Jul 2024
Next SEC filing: 02 Aug 2024
Source filing: View source filing
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 25 Jul 2024.

Key facts

This page summarizes Michael Chi's Form 4 filing for Hims & Hers Health, Inc. (HIMS).
6 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 25 Jul 2024, 16:41.

Change

Previous filing in this sequence was filed on 16 Jul 2024.
Current net transaction value: -$359,054.

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: $104,250
Shares: +7,500
Change %: +4%
Price: $13.90
Shares after: 192,826
Date: 23 Jul 2024
Ownership: Direct
Footnotes: F1

HIMS transaction

Class A Common Stock

Sale

Transaction value: $165,000
Shares: -7,500
Change %: -3.9%
Price: $22.00
Shares after: 185,326
Date: 23 Jul 2024
Ownership: Direct
Footnotes: F1

HIMS transaction

Class A Common Stock

Options Exercise

Transaction value: $86,688
Shares: +17,303
Change %: +9.3%
Price: $5.01
Shares after: 202,629
Date: 24 Jul 2024
Ownership: Direct
Footnotes: F1

HIMS transaction

Class A Common Stock

Sale

Transaction value: $384,992
Shares: -17,303
Change %: -8.5%
Price: $22.25
Shares after: 185,326
Date: 24 Jul 2024
Ownership: Direct
Footnotes: F1

Reported derivative securities

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

HIMS transaction Derivative

Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -7,500
Change %: -7.8%
Price: $0.000000
Shares after: 89,082
Date: 23 Jul 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 7,500
Exercise price: $13.90
Footnotes: F1, F2

HIMS transaction Derivative

Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -17,303
Change %: -5%
Price: $0.000000
Shares after: 328,766
Date: 24 Jul 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 17,303
Exercise price: $5.01
Footnotes: F1, F3

^* 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 3 footnotes

Footnote F1

The stock option exercises and 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 F2

The options are subject to a service-based vesting requirement, which shall be satisfied over a 4-year period, with 25% of the options vesting on April 19, 2022 and the remaining 75% of the options vesting monthly thereafter.

Footnote F3

The options are subject to a service-based vesting requirement, which shall be satisfied over a 4-year period, with 1/48th of the options vesting on March 24, 2022, and 1/48th of the options vesting monthly thereafter.