Armon Dadgar - 20 Jun 2022 Form 4 Insider Report for HashiCorp, Inc. (HCP)

Role
Chief Technology Officer, Director
Signature
/s/ Paul Warenski, by power of attorney
Issuer symbol
HCP
Transactions as of
20 Jun 2022
Transactions value $
-$187,934
Form type
4
Filing time
22 Jun 2022, 20:05:57 UTC
Previous filing
22 Mar 2022
Next filing
07 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HCP Class A Common Stock Options Exercise +2,940 +588% 3,440 20 Jun 2022 Direct F1, F2
transaction HCP Class A Common Stock Conversion of derivative security +14,614 +425% 18,054 21 Jun 2022 Direct F3
transaction HCP Class A Common Stock Sale -$187,933 -6,504 -36% $28.9 11,550 21 Jun 2022 Direct F4, F5

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 Restricted Stock Units Options Exercise $0 -2,940 -6.2% $0 44,104 20 Jun 2022 Class A Common Stock 2,940 Direct F4, F6
transaction HCP Restricted Stock Units Options Exercise $0 -6,488 -9.1% $0 64,875 20 Jun 2022 Class B Common Stock 6,488 Direct F7, F8
transaction HCP Restricted Stock Units Options Exercise $0 -8,126 -14% $0 48,750 20 Jun 2022 Class A Common Stock 8,126 Direct F7, F9
transaction HCP Class B Common Stock Options Exercise $0 +14,614 +18% $0 95,294 20 Jun 2022 Class A Common Stock 14,614 Direct F1
transaction HCP Class B Common Stock Conversion of derivative security $0 -14,614 -15% $0 80,680 21 Jun 2022 Class A Common Stock 14,614 Direct F1
holding HCP Class B Common Stock 15,200,000 20 Jun 2022 Class A Common Stock 15,200,000 See footnote F1, F10
holding HCP Class B Common Stock 2,339,030 20 Jun 2022 Class A Common Stock 2,339,030 See footnote F1, F11
holding HCP Class B Common Stock 709,288 20 Jun 2022 Class A Common Stock 709,288 See footnote F1, F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit, or RSU, represents a contingent right to receive one share of Issuer Class A Common Stock.
F2 Includes 500 shares acquired under the Issuer's employee stock purchase plan on June 15, 2022.
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 The reported shares were sold to satisfy the reporting person's tax obligations in connection with the vesting of RSUs.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.51 to $29.28, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
F6 The remaining RSUs vest in fifteen equal quarterly installments beginning on September 20, 2022.
F7 Each RSU represents a contingent right to receive one share of Issuer Class B Common Stock.
F8 The remaining RSUs vest in nine equal quarterly installments beginning on September 20, 2022.
F9 The remaining RSUs vest in six quarterly installments beginning on September 20, 2022.
F10 The shares are held of record by the Armon Dadgar 2020 Charitable Trust.
F11 The shares are held of record by the Armon Memaran-Dadgar Living Trust for which the reporting person serves as trustee.
F12 The shares are held of record by Black Swan III, LLC which the reporting person controls.