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

Role
Chief Commercial Officer
Signature
/s/ Alexandra Cotter Wilkins, Attorney-in-Fact
Stock symbol
HIMS
Transactions as of
Jul 23, 2024
Transactions value $
-$359,054
Form type
4
Date filed
7/25/2024, 04:41 PM
Previous filing
Jul 16, 2024
Next filing
Aug 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HIMS Class A Common Stock Options Exercise $104K +7.5K +4.05% $13.90 193K Jul 23, 2024 Direct F1
transaction HIMS Class A Common Stock Sale -$165K -7.5K -3.89% $22.00 185K Jul 23, 2024 Direct F1
transaction HIMS Class A Common Stock Options Exercise $86.7K +17.3K +9.34% $5.01 203K Jul 24, 2024 Direct F1
transaction HIMS Class A Common Stock Sale -$385K -17.3K -8.54% $22.25 185K Jul 24, 2024 Direct F1

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 Stock Option (right to buy) Options Exercise $0 -7.5K -7.77% $0.00 89.1K Jul 23, 2024 Class A Common Stock 7.5K $13.90 Direct F1, F2
transaction HIMS Stock Option (right to buy) Options Exercise $0 -17.3K -5% $0.00 329K Jul 24, 2024 Class A Common Stock 17.3K $5.01 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 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.
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.
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.