11.2 Capital I Partners, LLC - May 23, 2025 Form 4 Insider Report for Hinge Health, Inc. (HNGE)

Role
10%+ Owner
Signature
11.2 Capital I Partners, LLC, By: /s/ Shelley Zhuang
Stock symbol
HNGE
Transactions as of
May 23, 2025
Transactions value $
-$44,682,880
Form type
4
Date filed
5/27/2025, 06:35 PM
Previous filing
May 21, 2025
SEC
View on sec.gov

Reporting Owners (6)

Name Relationship Address Signature Signature date CIK
11.2 Capital I Partners, LLC 10%+ Owner 1611 SPRING GATE LN, UNIT 371763, LAS VEGAS 11.2 Capital I Partners, LLC, By: /s/ Shelley Zhuang 2025-05-27 0001591337
11.2 Capital I, L.P. 10%+ Owner 1611 SPRING GATE LN, UNIT 371763, LAS VEGAS 11.2 Capital I, L.P., By: /s/ Shelley Zhuang 2025-05-27 0001591336
11.2 Capital Ivy Partners, LLC 10%+ Owner 1611 SPRING GATE LN, UNIT 371763, LAS VEGAS 11.2 Capital Ivy Partners, LLC, By: /s/ Shelley Zhuang 2025-05-27 0002069659
11.2 Capital HH, LLC 10%+ Owner 1611 SPRING GATE LN, UNIT 371763, LAS VEGAS 11.2 Capital HH, LLC, By: /s/ Shelley Zhuang 2025-05-27 0001838591
11.2 Capital Ivy, LLC 10%+ Owner 1611 SPRING GATE LN, UNIT 371763, LAS VEGAS 11.2 Capital IVY, LLC, By: /s/ Shelley Zhuang 2025-05-27 0002069629
Zhuang Qian 10%+ Owner 1611 SPRING GATE LN, UNIT 371763, LAS VEGAS /s/ Shelley Zhuang 2025-05-27 0002069630

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HNGE Class A Common Stock Conversion of derivative security +1.4M 1.4M May 23, 2025 See footnotes F1, F2, F3
transaction HNGE Class A Common Stock Sale -$44.7M -1.4M -100% $32.00 0 May 23, 2025 See footnotes F2, F3

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 HNGE Series S-1 Preferred Stock Other -1.46M -100% 0 May 23, 2025 Class B Common Stock 1.46M See footnotes F1, F2, F3
transaction HNGE Series A-1 Preferred Stock Other -231K -100% 0 May 23, 2025 Class B Common Stock 231K See footnotes F1, F2, F3
transaction HNGE Series A-2 Preferred Stock Other -1.93M -100% 0 May 23, 2025 Class B Common Stock 1.93M See footnotes F1, F2, F3
transaction HNGE Series C Preferred Stock Other -1.23M -100% 0 May 23, 2025 Class B Common Stock 1.23M See footnotes F1, F2, F3
transaction HNGE Series D Preferred Stock Other -252K -100% 0 May 23, 2025 Class B Common Stock 252K See footnotes F1, F2, F3
transaction HNGE Class B Common Stock Other +5.1M 5.1M May 23, 2025 Class A Common Stock 5.1M See footnotes F1, F2, F3
transaction HNGE Class B Common Stock Conversion of derivative security -1.4M -27.37% 3.7M May 23, 2025 Class A Common Stock 1.4M See footnotes F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Immediately prior to the closing of the Issuer's initial public offering, each share of preferred stock of the Issuer, except for the Series E Preferred Stock, automatically converted and was reclassified into one share of Class B Common Stock. Each share of Class B Common Stock will be convertible at any time at the option of the holder into one share of Class A Common Stock. The Class B Common Stock will automatically convert into shares of Class A Common Stock upon the occurrence of certain events as described further in the Issuer's amended and restated certificate of incorporation.
F2 11.2 Capital I Partners, LLC is the general partner of 11.2 Capital I, L.P. ("11.2 Capital I") and 11.2 Capital Ivy Partners, LLC is the general partner of each of 11.2 Capital HH, LLC ("11.2 Capital HH") and 11.2 Capital IVY, LLC ("11.2 Capital IVY" and together with 11.2 Capital HH and 11.2 Capital I, the "11.2 Capital Entities")). Shelley Zhuang is the sole managing member of each of 11.2 Capital I Partners, LLC and 11.2 Capital Ivy Partners, LLC. As a result, each of the foregoing may be deemed to share beneficial ownership of the securities held by the 11.2 Capital Entities.
F3 Following the transactions reported in this Form 4, the Reporting Persons beneficially own (i) 2,703,954 shares of Class B Common Stock held by 11.2 Capital I, (ii) 171,550 shares of Class B Common Stock held by 11.2 Capital HH, LLC and (iii) 829,020 shares of Class B Common Stock held by 11.2 Capital IVY.