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

Role: Director, 10%+ Owner
Signature: /s/ Paul Warenski, by power of attorney
Issuer symbol: HCP
Transactions as of: 13 Dec 2021
Transactions value $: $0
Form type: 4
Filing time: 15 Dec 2021, 19:26:46 UTC
Previous filing: 08 Dec 2021
Next filing: 22 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HCP	Common Stock	Conversion of derivative security		+19,853,608	+1,752%		20,986,922	13 Dec 2021	See footnote	F1, F2, F3, F4
transaction	HCP	Common Stock	Conversion of derivative security		+4,142,666	+194%		6,277,066	13 Dec 2021	See footnote	F3, F5, F6
transaction	HCP	Common Stock	Conversion of derivative security		+728,630	+1,752%		770,220	13 Dec 2021	See footnote	F1, F2, F3, F7
transaction	HCP	Common Stock	Conversion of derivative security		+864,448			864,448	13 Dec 2021	See footnote	F8, F9
transaction	HCP	Common Stock	Conversion of derivative security		+259,334	+45%		835,632	13 Dec 2021	See footnote	F8, F10
transaction	HCP	Common Stock	Other		-20,986,922	-100%		0	13 Dec 2021	See footnote	F4, F11
transaction	HCP	Common Stock	Other		-6,277,066	-100%		0	13 Dec 2021	See footnote	F6, F11
transaction	HCP	Common Stock	Other		-770,220	-100%		0	13 Dec 2021	See footnote	F7, F11
transaction	HCP	Common Stock	Other		-864,448	-100%		0	13 Dec 2021	See footnote	F9, F11
transaction	HCP	Common Stock	Other		-835,632	-100%		0	13 Dec 2021	See footnote	F10, F11

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	Series A Convertible Stock Preferred	Conversion of derivative security		-2,285,216	-100%		0	13 Dec 2021	Common Stock	2,285,216		See footnote	F1, F4
transaction	HCP	Series B Convertible Stock Preferred	Conversion of derivative security		-15,223,956	-100%		0	13 Dec 2021	Common Stock	15,223,956		See footnote	F2, F4
transaction	HCP	Series C Convertible Stock Preferred	Conversion of derivative security		-2,344,436	-100%		0	13 Dec 2021	Common Stock	2,344,436		See footnote	F3, F4
transaction	HCP	Series C Convertible Stock Preferred	Conversion of derivative security		-2,067,482	-100%		0	13 Dec 2021	Common Stock	2,067,482		See footnote	F3, F6
transaction	HCP	Series D Convertible Stock Preferred	Conversion of derivative security		-2,075,184	-100%		0	13 Dec 2021	Common Stock	2,075,184		See footnote	F5, F6
transaction	HCP	Series A Convertible Stock Preferred	Conversion of derivative security		-83,870	-100%		0	13 Dec 2021	Common Stock	83,870		See footnote	F1, F7
transaction	HCP	Series B Convertible Stock Preferred	Conversion of derivative security		-558,720	-100%		0	13 Dec 2021	Common Stock	558,720		See footnote	F2, F7
transaction	HCP	Series C Convertible Stock Preferred	Conversion of derivative security		-86,040	-100%		0	13 Dec 2021	Common Stock	86,040		See footnote	F3, F7
transaction	HCP	Series E Convertible Stock Preferred	Conversion of derivative security		-864,448	-100%		0	13 Dec 2021	Common Stock	864,448		See footnote	F8, F9
transaction	HCP	Series E Convertible Stock Preferred	Conversion of derivative security		-259,334	-100%		0	13 Dec 2021	Common Stock	259,334		See footnote	F8, F10
transaction	HCP	Class B Common Stock	Other		+20,986,922			20,986,922	13 Dec 2021	Class A Common Stock	20,986,922		See footnote	F4, F11, F12
transaction	HCP	Class B Common Stock	Other		+6,277,066			6,277,066	13 Dec 2021	Class A Common Stock	6,277,066		See footnote	F6, F11, F12
transaction	HCP	Class B Common Stock	Other		+770,220			770,220	13 Dec 2021	Class A Common Stock	770,220		See footnote	F7, F11, F12
transaction	HCP	Class B Common Stock	Other		+864,448			864,448	13 Dec 2021	Class A Common Stock	864,448		See footnote	F9, F11, F12
transaction	HCP	Class B Common Stock	Other		+835,632			835,632	13 Dec 2021	Class A Common Stock	835,632		See footnote	F10, F11, F12

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each share of Series A Convertible Preferred Stock automatically converted into Common Stock on a 1:1 basis immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock and had no expiration date.
F2	Each share of Series B Convertible Preferred Stock automatically converted into Common Stock on a 1:1 basis immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock and had no expiration date.
F3	Each share of Series C Convertible Preferred Stock automatically converted into Common Stock on a 1:1 basis immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock and had no expiration date.
F4	The shares are held of record by GGV Capital V L.P. (GGV V LP). As a managing member of GGV Capital V L.L.C. (GGV V LLC), the General Partner of GGV V LP, the reporting person may be deemed to have voting and dispositive power over the shares held by GGV V LP. The reporting person disclaims beneficial ownership of such shares, except to the extent of his proportionate pecuniary interest therein.
F5	Each share of Series D Convertible Preferred Stock automatically converted into Common Stock on a 1:1 basis immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock and had no expiration date.
F6	The shares are held of record by GGV Capital Select L.P. (GGV Select LP). As a managing member of GGV Capital Select L.L.C. (GGV Select LLC), the General Partner of GGV Select LP, the reporting person may be deemed to have voting and dispositive power over the shares held by GGV Select LP. The reporting person disclaims beneficial ownership of such shares, except to the extent of his proportionate pecuniary interest therein.
F7	The shares are held of record by GGV Capital V Entrepreneurs Fund L.P. (GGV Entrepreneurs). As a managing member of GGV V LLC, the General Partner of GGV Entrepreneurs, the reporting person may be deemed to have voting and dispositive power over the shares held by GGV Entrepreneurs. The reporting person disclaims beneficial ownership of such shares, except to the extent of his proportionate pecuniary interest therein.
F8	Each share of Series E Convertible Preferred Stock automatically converted into Common Stock on a 1:1 basis immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock and had no expiration date.
F9	The shares are held of record by GGV VII Investments, L.L.C. (GGV VII Investments). As a managing member of GGV Capital VII L.L.C. (GGV Capital VII), the Manager of GGV VII Investments, the reporting person may be deemed to have voting and dispositive power over the shares held by GGV VII Investments. The reporting person disclaims beneficial ownership of such shares, except to the extent of his proportionate pecuniary interest therein.
F10	The shares are held of record by GGV VII Plus Investments, L.L.C. (GGV Plus Investments). As a managing member of GGV Capital VII Plus L.L.C. (GGV Capital VII Plus), the Manager of GGV Plus Investments, the reporting person may be deemed to have voting and dispositive power over the shares held by GGV Plus Investments. The reporting person disclaims beneficial ownership of such shares, except to the extent of his proportionate pecuniary interest therein.
F11	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.
F12	Each share of Class B Common Stock is convertible at any time into Class A Common Stock on a one-to-one basis at the reporting person's election and has no expiration date.