David McJannet - 20 Mar 2024 Form 4 Insider Report for HashiCorp, Inc. (HCP)

Role
CEO and Chairman, Director
Signature
/s/ Paul Warenski, by power of attorney
Issuer symbol
HCP
Transactions as of
20 Mar 2024
Net transactions value
-$912,723
Form type
4
Filing time
22 Mar 2024, 16:46:13 UTC
Previous filing
05 Feb 2024
Next filing
24 Jun 2024
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 +53,812 +19% 340,787 20 Mar 2024 Direct F1
transaction HCP Class A Common Stock Conversion of derivative security +19,456 +5.7% 360,243 21 Mar 2024 Direct F2
transaction HCP Class A Common Stock Sale $912,723 -33,331 -9.3% $27.38 326,912 21 Mar 2024 Direct F3, F4

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 -17,812 -12% $0.000000 124,688 20 Mar 2024 Class A Common Stock 17,812 Direct F1, F5
transaction HCP Restricted Stock Units Options Exercise $0 -7,561 -11% $0.000000 60,484 20 Mar 2024 Class A Common Stock 7,561 Direct F1, F6
transaction HCP Restricted Stock Units Options Exercise $0 -28,439 -7.7% $0.000000 341,277 20 Mar 2024 Class A Common Stock 28,439 Direct F1, F7
transaction HCP Restricted Stock Units Options Exercise $0 -19,456 -25% $0.000000 58,369 20 Mar 2024 Class B Common Stock 19,456 Direct F8, F9
transaction HCP Class B Common Stock Options Exercise $0 +19,456 +14% $0.000000 162,865 20 Mar 2024 Class A Common Stock 39,333 Direct F2
transaction HCP Class B Common Stock Conversion of derivative security $0 -19,456 -12% $0.000000 143,409 21 Mar 2024 Class A Common Stock 39,333 Direct F2
holding HCP Class B Common Stock 1,355,425 20 Mar 2024 Class A Common Stock 1,355,425 See footnote F2, F10
holding HCP Class B Common Stock 681,050 20 Mar 2024 Class A Common Stock 681,050 See footnote F2, F11
holding HCP Class B Common Stock 681,050 20 Mar 2024 Class A Common Stock 681,050 See footnote F2, F12
holding HCP Class B Common Stock 60,000 20 Mar 2024 Class A Common Stock 60,000 See footnote F2, F13
* 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 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 reported shares were sold to satisfy the reporting person's tax obligations in connection with the vesting of RSUs.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.135 to $27.84, 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.
F5 The remaining RSUs vest in seven equal quarterly installments beginning on June 20, 2024.
F6 The remaining RSUs vest in eight equal quarterly installments beginning on June 20, 2024.
F7 The remaining RSUs vest in 12 equal quarterly installments beginning on June 20, 2024.
F8 Each RSU represents a contingent right to receive one share of Class B Common Stock.
F9 The remaining RSUs vest in three equal quarterly installments beginning on June 20, 2024.
F10 The shares are held of record by a family trust for which the reporting person serves as a trustee.
F11 The shares are held of record by the Emerald GST Non-Exempt Trust.
F12 The shares are held of record by the Sapphire GST Non-Exempt Trust.
F13 The shares are held of record by an additional family trust.