Ledger Susan St. - 13 Dec 2021 Form 4 Insider Report for HashiCorp, Inc. (HCP)

Role
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, 19:24:36 UTC
Previous filing
08 Dec 2021
Next filing
22 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 -180,000 -100% 0 13 Dec 2021 Direct F1, F2

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 +90,000 90,000 13 Dec 2021 Class A Common Stock 90,000 Direct F1, F3
transaction HCP Restricted Stock Units Other +90,000 90,000 13 Dec 2021 Class B Common Stock 90,000 Direct F1, F4, F5
* 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, 90,000 are represented by shares of Common Stock and the remaining 90,000 are represented by restricted stock units, or RSUs.
F3 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.
F4 Each RSU represents a contingent right to receive one share of Issuer Class B Common Stock.
F5 The RSUs vest in eight equal quarterly installments beginning on December 20, 2021.