Patrick Harrison Carroll - 13 Sep 2024 Form 4 Insider Report for Hims & Hers Health, Inc. (HIMS)

Role
Chief Medical Officer, Director
Signature
/s/ Alexandra Cotter Wilkins, Attorney-in-Fact
Issuer symbol
HIMS
Transactions as of
13 Sep 2024
Net transactions value
-$63,148
Form type
4
Filing time
17 Sep 2024, 19:07:11 UTC
Previous filing
08 Aug 2024
Next filing
07 Nov 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HIMS Class A Common Stock Options Exercise +12,989 +6.4% 215,752 13 Sep 2024 Direct F1
transaction HIMS Class A Common Stock Tax liability $63,148 -3,811 -1.8% $16.57 211,941 13 Sep 2024 Direct F2

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 -8,149 -10% $0.000000 73,338 13 Sep 2024 Class A Common Stock 8,149 Direct F1, F3
transaction HIMS Restricted Stock Unit Options Exercise $0 -4,840 -6.7% $0.000000 67,754 13 Sep 2024 Class A Common Stock 4,840 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person was granted Restricted Stock Units ("RSUs") which 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 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 December 15, 2023, and the remaining 75% of the RSUs vesting in substantially 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.
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.