Michael Chi - Oct 15, 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
Oct 15, 2024
Transactions value $
-$1,083,069
Form type
4
Date filed
10/16/2024, 05:50 PM
Previous filing
Sep 17, 2024
Next filing
Oct 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HIMS Class A Common Stock Options Exercise $209K +15K +7.73% $13.90 209K Oct 15, 2024 Direct F1
transaction HIMS Class A Common Stock Options Exercise $173K +34.6K +16.56% $5.01 244K Oct 15, 2024 Direct F1
transaction HIMS Class A Common Stock Options Exercise $149K +21.8K +8.94% $6.82 265K Oct 15, 2024 Direct F1
transaction HIMS Class A Common Stock Options Exercise $47.4K +4.11K +1.55% $11.53 269K Oct 15, 2024 Direct F1
transaction HIMS Class A Common Stock Sale -$1.66M -75.5K -28.02% $22.00 194K Oct 15, 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 -15K -16.84% $0.00 74.1K Oct 15, 2024 Class A Common Stock 15K $13.90 Direct F1, F2
transaction HIMS Stock Option (right to buy) Options Exercise $0 -34.6K -10.53% $0.00 294K Oct 15, 2024 Class A Common Stock 34.6K $5.01 Direct F1, F3
transaction HIMS Stock Option (right to buy) Options Exercise $0 -21.8K -12% $0.00 160K Oct 15, 2024 Class A Common Stock 21.8K $6.82 Direct F1, F4
transaction HIMS Stock Option (right to buy) Options Exercise $0 -4.11K -6.45% $0.00 59.6K Oct 15, 2024 Class A Common Stock 4.11K $11.53 Direct F1, F5
* 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.
F4 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 September 10, 2022, and 1/48th of the options vesting monthly thereafter.
F5 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 monthly, beginning on April 1, 2023.