Bessemer Venture Partners X L.P. - 23 May 2025 Form 4 Insider Report for Hinge Health, Inc. (HNGE)

Reporting relationship: 10%+ Owner
Issuer ticker: HNGE
Reported as of: 23 May 2025
Net transaction value: -$23,202,112
SEC form: 4
Accepted by SEC: 27 May 2025, 18:40:08 UTC
Prior SEC filing: 21 May 2025
Next SEC filing: 20 Nov 2025
Source filing: View source filing
Reporting owner signature: /s/ Scott Ring, General Counsel, Deer X & Co. Ltd., the General Partner of Deer X & Co. L.P., the General Partner of Bessemer Venture Partners X L.P.

Key filing fact

Bessemer Venture Partners X L.P. filed Form 4 for Hinge Health, Inc. (HNGE) on 27 May 2025.

Key facts

This page summarizes Bessemer Venture Partners X L.P.'s Form 4 filing for Hinge Health, Inc. (HNGE).
6 reported transactions and 4 derivative rows are listed below.
Accepted by SEC: 27 May 2025, 18:40.

Change

Previous filing in this sequence was filed on 21 May 2025.
Current net transaction value: -$23,202,112.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (4)

CIK 0001768640 Primary reporting owner

Bessemer Venture Partners X L.P.

Relationship: 10%+ Owner
Address: C/O BESSEMER VENTURE PARTNERS, 1865 PALMER AVENUE, SUITE 104, LARCHMONT
Signature: /s/ Scott Ring, General Counsel, Deer X & Co. Ltd., the General Partner of Deer X & Co. L.P., the General Partner of Bessemer Venture Partners X L.P.
Signature date: 27 May 2025

CIK 0001748910

Bessemer Venture Partners X Institutional L.P.

Relationship: 10%+ Owner
Address: 1865 PALMER AVENUE, SUITE 104, LARCHMONT
Signature: /s/ Scott Ring, General Counsel, Deer X & Co. Ltd., the General Partner of Deer X & Co. L.P., the General Partner of Bessemer Venture Partners X Institutional L.P.
Signature date: 27 May 2025

CIK 0001768637

Deer X & Co. L.P.

Relationship: 10%+ Owner
Address: 1865 PALMER AVENUE, SUITE 104, LARCHMONT
Signature: /s/ Scott Ring, General Counsel, Deer x & Co. Ltd., the General Partner of Deer X & Co. L.P.
Signature date: 27 May 2025

CIK 0001768677

Deer X & Co. Ltd.

Relationship: 10%+ Owner
Address: 1865 PALMER AVENUE, SUITE 104, LARCHMONT
Signature: /s/ Scott Ring, General Counsel, Deer X & Co. Ltd.
Signature date: 27 May 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

HNGE transaction

Class A Common Stock

Conversion of derivative security

Transaction value
Shares: +725,066
Change %
Price
Shares after: 725,066
Date: 23 May 2025
Ownership: See footnotes
Footnotes: F1, F2, F3

HNGE transaction

Class A Common Stock

Sale

Transaction value: $23,202,112
Shares: -725,066
Change %: -100%
Price: $32.00
Shares after: 0
Date: 23 May 2025
Ownership: See footnotes
Footnotes: F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

HNGE transaction Derivative

Series C Preferred Stock

Other

Transaction value
Shares: -4,511,338
Change %: -100%
Price
Shares after: 0
Date: 23 May 2025
Ownership: See footnotes
Underlying class: Class B Common Stock
Underlying amount: 4,511,338
Exercise price
Footnotes: F1, F2, F3

HNGE transaction Derivative

Series D Preferred Stock

Other

Transaction value
Shares: -322,435
Change %: -100%
Price
Shares after: 0
Date: 23 May 2025
Ownership: See footnotes
Underlying class: Class B Common Stock
Underlying amount: 322,435
Exercise price
Footnotes: F1, F2, F3

HNGE transaction Derivative

Class B Common Stock

Other

Transaction value
Shares: +4,833,773
Change %
Price
Shares after: 4,833,773
Date: 23 May 2025
Ownership: See footnotes
Underlying class: Class A Common Stock
Underlying amount: 4,833,773
Exercise price
Footnotes: F1, F2, F3

HNGE transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value
Shares: -725,066
Change %: -15%
Price
Shares after: 4,108,707
Date: 23 May 2025
Ownership: See footnotes
Underlying class: Class A Common Stock
Underlying amount: 725,066
Exercise price
Footnotes: F1, F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Immediately prior to the closing of the Issuer's initial public offering, each share of preferred stock of the Issuer, except for the Series E Preferred Stock, automatically converted and was reclassified into one share of Class B Common Stock. Each share of Class B Common Stock will be convertible at any time at the option of the holder into one share of Class A Common Stock. The Class B Common Stock will automatically convert into shares of Class A Common Stock upon the occurrence of certain events as described further in the Issuer's amended and restated certificate of incorporation.

Footnote F2

Deer X & Co. Ltd. is the general partner of Deer X & Co. L.P., which is the general partner of each of Bessemer Venture Partners X L.P. ("Bessemer X") and Bessemer Venture Partners X Institutional L.P. ("Bessemer X International," and together with Bessemer X, the "Bessemer Entities"). As a result, each of Deer X & Co. Ltd. and Deer X & Co. L.P. may be deemed to share beneficial ownership of the securities held by the Bessemer Entities.

Footnote F3

Following the transactions reported in this Form 4, the Reporting Persons beneficially own (i) 2,119,271 shares of Class B Common Stock held by Bessemer X and (ii) 1,989,436 shares of Class B Common Stock held by Bessemer X International.