Oluyemi Okupe - May 28, 2025 Form 4 Insider Report for Hims & Hers Health, Inc. (HIMS)

Role
Chief Financial Officer
Signature
/s/ Alexandra Cotter Wilkins, Attorney-in-Fact
Stock symbol
HIMS
Transactions as of
May 28, 2025
Transactions value $
-$581,288
Form type
4
Date filed
5/30/2025, 04:28 PM
Previous filing
May 29, 2025
Next filing
Jun 17, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Okupe Oluyemi Chief Financial Officer 2269 CHESTNUT STREET, #523, SAN FRANCISCO /s/ Alexandra Cotter Wilkins, Attorney-in-Fact 2025-05-30 0001907056

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HIMS Class A Common Stock Options Exercise $32.2K +6.44K +5.66% $5.01 120K May 28, 2025 Direct F1
transaction HIMS Class A Common Stock Sale -$614K -11.6K -22.83% $52.98 39.2K May 28, 2025 Direct F1, F2, F3, F4
holding HIMS Class A Common Stock 70.6K May 28, 2025 Held by Oluyemi Okupe Separate Property Trust dtd 9-1-2021

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 -6.44K -1.64% $0.00 387K May 28, 2025 Class A Common Stock 6.44K $5.01 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 May 31, 2024 by the Reporting Person.
F2 Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $52.745 - $53.255. The Reporting Person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
F3 Includes 1,056 shares acquired on May 20, 2025, under the Hims & Hers Health, Inc. 2020 Employee Stock Purchase Plan.
F4 70,575 shares that were held directly by Mr. Okupe were transferred to the Oluyemi Okupe Separate Property Trust dtd 9-1-2021.
F5 25% of the options will vest on the twelve (12) month anniversary of the Vesting Commencement Date of January 24, 2022. The balance of the shares shall vest in a series of thirty-six (36) successive equal monthly installments measured from the twelve (12) month anniversary of the Vesting Commencement Date, subject to optionholder's continuous Service (as defined in the Plan) as of each such vesting date.