Key facts
- This page summarizes Reid G. Hoffman's Form 4 filing for Hippo Holdings Inc. (HIPO).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 03 Aug 2021, 16:49.
Reid G. Hoffman - 02 Aug 2021 Form 4 Insider Report for Hippo Holdings Inc. (HIPO)
- Reporting relationship
- Former Director and 10% Owner
- Issuer ticker
- HIPO
- Reported as of
- 02 Aug 2021
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 03 Aug 2021, 16:49:46 UTC
- Prior SEC filing
- 11 Jun 2021
- Next SEC filing
- 12 Aug 2021
- Source filing
- View source filing
- Reporting owner signature
- /s/ David Cohen as attorney-in-fact for Reid Hoffman
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Reid G. Hoffman filed Form 4 for Hippo Holdings Inc. (HIPO) on 03 Aug 2021.
Change
- Previous filing in this sequence was filed on 11 Jun 2021.
- Current net transaction value: $0.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
HIPO
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +5,630,000
- Change %
- Price
- Shares after
- 5,630,000
- Date
- 02 Aug 2021
- Ownership
- See Footnote
- Footnotes
- F1, F2, F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
HIPO
transaction
Derivative
Class B ordinary shares
Options Exercise
- Transaction value
- Shares
- -5,630,000
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 02 Aug 2021
- Ownership
- See Footnote
- Underlying class
- Common Stock
- Underlying amount
- 5,630,000
- Exercise price
- Footnotes
- F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Reid G. Hoffman is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 3 footnotes
Footnote F1
75% of such shares are subject to vesting in tranches of 25% if the volume weighted average price of the Issuer's shares of Common Stock equals or exceeds $12.50, $15.00, or $20.00, respectively, for any 20 trading days within a 30 trading day period on or prior to the tenth anniversary of the business combination of Reinvent Technology Partners Z (the former name of the Issuer) ("RTPZ") and Hippo Enterprises Inc. (the "Business Combination"). On August 2, 2031, any unvested shares will automatically vest. In the event the Issuer completes a transaction that results in a change of control, all unvested shares will vest immediately prior to the closing of such transaction.
Footnote F2
On August 2, 2021, RTPZ consummated the Business Combination. Pursuant to the Business Combination, RTPZ domesticated as a Delaware corporation and changed its name to "Hippo Holdings, Inc.", and each RTPZ Class B ordinary share was automatically converted into the right to receive one share of the Issuer's common stock. The reporting person resigned as a director of the Issuer upon consummation of the Business Combination.
Footnote F3
The securities reported herein are directly held by Reinvent Sponsor Z LLC (the "Sponsor"). The reporting person may be deemed a beneficial owner of securities held by the Sponsor by virtue of his shared control over and indirect pecuniary interest in the Sponsor. The reporting person disclaims beneficial ownership of the securities held by the Sponsor, except to the extent of his pecuniary interest therein.