Ledger Susan St. - 20 Jun 2022 Form 4 Insider Report for HashiCorp, Inc. (HCP)

Role: Director
Signature: /s/ Paul Warenski, by power of attorney
Issuer symbol: HCP
Transactions as of: 20 Jun 2022
Transactions value $: $0
Form type: 4
Filing time: 22 Jun 2022, 20:13:36 UTC
Previous filing: 17 Jun 2022
Next filing: 24 Jun 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		+138	+100%		276	20 Jun 2022	Direct	F1
transaction	HCP	Class A Common Stock	Conversion of derivative security		+16,950	+6,141%		17,226	20 Jun 2022	Direct	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	Restricted Stock Units	Options Exercise	$0	-138	-33%	$0	276	20 Jun 2022	Class A Common Stock	138		Direct	F1, F3
transaction	HCP	Restricted Stock Units	Options Exercise	$0	-11,250	-17%	$0	56,250	20 Jun 2022	Class B Common Stock	11,250		Direct	F4, F5
transaction	HCP	Class B Common Stock	Options Exercise	$0	+11,250	+10%	$0	123,750	20 Jun 2022	Class A Common Stock	11,250		Direct	F2
transaction	HCP	Class B Common Stock	Conversion of derivative security	$0	-16,950	-14%	$0	106,800	20 Jun 2022	Class A Common Stock	16,950		Direct	F2

* 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	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.
F3	The remaining RSUs vest in two equal quarterly installments beginning on September 20, 2022
F4	Each RSU represents a contingent right to receive one share of Issuer Class B Common Stock.
F5	The remaining RSUs vest in six equal quarterly installments beginning on June 20, 2022.