Michael Chi - 13 Sep 2024 Form 4 Insider Report for Hims & Hers Health, Inc. (HIMS)

Reporting relationship: Chief Commercial Officer
Issuer ticker: HIMS
Reported as of: 13 Sep 2024
Net transaction value: -$1,122,536
SEC form: 4
Accepted by SEC: 17 Sep 2024, 19:07:01 UTC
Prior SEC filing: 02 Aug 2024
Next SEC filing: 16 Oct 2024
Source filing: View source filing
Reporting owner signature: /s/ Alexandra Cotter Wilkins, Attorney-in-Fact

Filing notes and source

Key filing fact

Michael Chi filed Form 4 for Hims & Hers Health, Inc. (HIMS) on 17 Sep 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: 17 Sep 2024, 19:07.

Change

Previous filing in this sequence was filed on 02 Aug 2024.
Current net transaction value: -$1,122,536.

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: +76,507
Change %: +41%
Price
Shares after: 261,833
Date: 13 Sep 2024
Ownership: Direct
Footnotes: F1

HIMS transaction

Class A Common Stock

Tax liability

Transaction value: $700,961
Shares: -42,303
Change %: -16%
Price: $16.57
Shares after: 219,530
Date: 13 Sep 2024
Ownership: Direct

HIMS transaction

Class A Common Stock

Sale

Transaction value: $421,575
Shares: -25,550
Change %: -12%
Price: $16.50
Shares after: 193,980
Date: 17 Sep 2024
Ownership: Direct
Footnotes: F2

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 %: -25%
Price: $0.000000
Shares after: 45,000
Date: 13 Sep 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 15,000
Exercise price
Footnotes: F1, F3

HIMS transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value: $0
Shares: -19,358
Change %: -6.7%
Price: $0.000000
Shares after: 271,018
Date: 13 Sep 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 19,358
Exercise price
Footnotes: F1, F4

HIMS transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value: $0
Shares: -16,297
Change %: -9.1%
Price: $0.000000
Shares after: 162,973
Date: 13 Sep 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 16,297
Exercise price
Footnotes: F1, F5

HIMS transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value: $0
Shares: -9,356
Change %: -14%
Price: $0.000000
Shares after: 56,138
Date: 13 Sep 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 9,356
Exercise price
Footnotes: F1, F6

HIMS transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value: $0
Shares: -16,496
Change %: -11%
Price: $0.000000
Shares after: 131,965
Date: 13 Sep 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 16,496
Exercise price
Footnotes: F1, F7

^* 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 7 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 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 F3

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 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 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.

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, 2023.

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 June 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 December 15, 2022.