David McJannet - 13 Dec 2021 Form 4 Insider Report for HashiCorp, Inc. (HCP)

Role
CEO and Chairman, Director
Signature
/s/ Paul Warensky, by power of attorney
Issuer symbol
HCP
Transactions as of
13 Dec 2021
Transactions value $
$0
Form type
4
Filing time
15 Dec 2021, 18:45:12 UTC
Previous filing
08 Dec 2021
Next filing
17 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HCP Common Stock Other -561,850 -66% 285,000 13 Dec 2021 Direct F1, F2, F3
transaction HCP Common Stock Other -285,000 -100% 0 13 Dec 2021 Direct F3, F4
transaction HCP Common Stock Other -1,419,236 -100% 0 13 Dec 2021 See footnote F1, F5
transaction HCP Common Stock Other -681,050 -100% 0 13 Dec 2021 See footnote F1, F6
transaction HCP Common Stock Other -681,050 -100% 0 13 Dec 2021 See footnote F1, F7
transaction HCP Common Stock Other -60,000 -100% 0 13 Dec 2021 See footnote F1, F8

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 HCP Class B Common Stock Other +71,674 71,674 13 Dec 2021 Class A Common Stock 71,674 Direct F1, F9
transaction HCP Class B Common Stock Other +1,419,236 1,419,236 13 Dec 2021 Class A Common Stock 1,419,236 See footnote F1, F5, F9
transaction HCP Class B Common Stock Other +681,050 681,050 13 Dec 2021 Class A Common Stock 681,050 See footnote F1, F6, F9
transaction HCP Class B Common Stock Other +681,050 681,050 13 Dec 2021 Class A Common Stock 681,050 See footnote F1, F7, F9
transaction HCP Class B Common Stock Other +60,000 60,000 13 Dec 2021 Class A Common Stock 60,000 See footnote F1, F8, F9
transaction HCP Restricted Stock Units Other +178,876 178,876 13 Dec 2021 Class B Common Stock 178,876 Direct F1, F10, F11
transaction HCP Restricted Stock Units Other +311,300 311,300 13 Dec 2021 Class B Common Stock 311,300 Direct F1, F10, F12
transaction HCP Restricted Stock Units Other +285,000 285,000 13 Dec 2021 Class A Common Stock 285,000 Direct F4, F13, F14
transaction HCP Employee Stock Option (right to buy) Other -2,837,638 -100% 0 13 Dec 2021 Common Stock 2,837,638 $0.119 Direct F1, F15
transaction HCP Employee Stock Option (right to buy) Other +2,837,638 2,837,638 13 Dec 2021 Class B Common Stock 2,837,638 $0.119 Direct F1, F15
transaction HCP Employee Stock Option (right to buy) Other -530,000 -100% 0 13 Dec 2021 Common Stock 530,000 $1.03 Direct F1, F16
transaction HCP Employee Stock Option (right to buy) Other +530,000 530,000 13 Dec 2021 Class B Common Stock 530,000 $1.03 Direct F1, F16
transaction HCP Employee Stock Option (right to buy) Other -266,000 -100% 0 13 Dec 2021 Common Stock 266,000 $5.7 Direct F1, F17
transaction HCP Employee Stock Option (right to buy) Other $0 +266,000 $0 266,000 13 Dec 2021 Class B Common Stock 266,000 $5.7 Direct F1, F17
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to a reclassification exempt under Rule 16b-7, each share of Common Stock was automatically reclassified into one share of Class B Common Stock immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock.
F2 Of the reported shares, 71,674 are represented by shares of Common Stock and the remaining 490,176 are represented by restricted stock units, or RSUs.
F3 The shares are represented by RSUs.
F4 Pursuant to a reclassification exempt under Rule 16b-7, each share of Common Stock underlying the RSU was automatically reclassified into one share of Class A Common Stock immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock.
F5 The shares are held of record by a family trust for which the reporting person serves as a trustee.
F6 The shares are held of record by the Emerald GST Non-Exempt Trust.
F7 The shares are held of record by the Sapphire GST Non-Exempt Trust.
F8 The shares are held of record by an additional family trust.
F9 Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.
F10 Each RSU represents a contingent right to receive one share of Issuer Class B Common Stock.
F11 The RSUs vest in nine equal quarterly installments beginning on December 20, 2021.
F12 The RSUs vest as to 25% on January 31, 2022 and the remaining shares vest in twelve equal quarterly installments beginning on March 20, 2022.
F13 Each RSU represents a contingent right to receive one share of Issuer Class A Common Stock.
F14 The RSUs vest as to 50% on December 9, 2023 and the remaining shares vest in eight equal quarterly installments beginning on December 20, 2023.
F15 The shares underlying the option are fully vested and immediately exercisable.
F16 The shares underlying the option vest in 48 equal monthly installments beginning on March 1, 2019.
F17 The shares underlying the option vested as to 25% of the total shares on March 4, 2020 and the remaining shares vest in 36 equal monthly installments beginning on April 1, 2020.