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

Role
Chief Marketing Officer
Signature
/s/ Paul Warenski, by power of attorney
Issuer symbol
HCP
Transactions as of
20 Mar 2024
Transactions value $
$-219,315
Form type
4
Filing time
22 Mar 2024, 16:49:43 UTC
Previous filing
13 Mar 2024
Next filing
26 Mar 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 +14,126 14,126 20 Mar 2024 Direct F1
transaction HCP Class A Common Stock Conversion of derivative security +8,650 +61.2% 22,776 20 Mar 2024 Direct F2
transaction HCP Class A Common Stock Sale $-219,315 -8,009 -35.2% $27.38 14,767 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 -5,937 -12.5% $0.000000 41,563 20 Mar 2024 Class A Common Stock 5,937 Direct F1, F5
transaction HCP Restricted Stock Units Options Exercise $0 -1,471 -11.1% $0.000000 11,761 20 Mar 2024 Class A Common Stock 1,471 Direct F1, F6
transaction HCP Restricted Stock Units Options Exercise $0 -6,718 -7.69% $0.000000 80,617 20 Mar 2024 Class A Common Stock 6,718 Direct F1, F7
transaction HCP Restricted Stock Units Options Exercise $0 -8,650 -25% $0.000000 25,950 20 Mar 2024 Class B Common Stock 8,650 Direct F8, F9
transaction HCP Class B Common Stock Options Exercise $0 +8,650 $0.000000 8,650 20 Mar 2024 Class A Common Stock 8,650 Direct F2
transaction HCP Class B Common Stock Conversion of derivative security $0 -8,650 -100% $0.000000* 0 21 Mar 2024 Class A Common Stock 8,650 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 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 $27.14 to $27.91, 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 six 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.