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

Role
Chief Legal Officer
Signature
/s/ Alexandra Cotter Wilkins, Attorney-in-Fact
Issuer symbol
HIMS
Transactions as of
13 Sep 2024
Net transactions value
-$431,551
Form type
4
Filing time
17 Sep 2024, 19:07:53 UTC
Previous filing
05 Sep 2024
Next filing
03 Oct 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 +43,210 +27% 203,006 13 Sep 2024 Direct F1
transaction HIMS Class A Common Stock Tax liability $392,958 -23,715 -12% $16.57 179,291 13 Sep 2024 Direct F2
transaction HIMS Class A Common Stock Sale $38,594 -2,339 -1.3% $16.50 176,952 17 Sep 2024 Direct F3

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 -12,223 -9.1% $0.000000 122,230 13 Sep 2024 Class A Common Stock 12,223 Direct F1, F4
transaction HIMS Restricted Stock Unit Options Exercise $0 -10,916 -14% $0.000000 65,494 13 Sep 2024 Class A Common Stock 10,916 Direct F1, F5
transaction HIMS Restricted Stock Unit Options Exercise $0 -3,665 -33% $0.000000 7,330 13 Sep 2024 Class A Common Stock 3,665 Direct F1, F6
transaction HIMS Restricted Stock Unit Options Exercise $0 -3,312 -33% $0.000000 6,625 13 Sep 2024 Class A Common Stock 3,312 Direct F1, F6
transaction HIMS Restricted Stock Unit Options Exercise $0 -651 -33% $0.000000 1,302 13 Sep 2024 Class A Common Stock 651 Direct F1, F6
transaction HIMS Restricted Stock Unit Options Exercise $0 -324 -33% $0.000000 648 13 Sep 2024 Class A Common Stock 324 Direct F1, F6
transaction HIMS Restricted Stock Unit Options Exercise $0 -20 -34% $0.000000 39 13 Sep 2024 Class A Common Stock 20 Direct F1, F6
transaction HIMS Restricted Stock Unit Options Exercise $0 -12,099 -6.7% $0.000000 169,386 13 Sep 2024 Class A Common Stock 12,099 Direct F1, F7
* 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 Restricted Stock Units ("RSUs") 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 sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on September 10, 2023 by the Reporting Person.
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, 2023.
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.
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 March 15, 2021.
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 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.