Marc Holmes - 20 Jun 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 Jun 2024
Transactions value $
-$396,661
Form type
4
Filing time
24 Jun 2024, 16:38:56 UTC
Previous filing
11 Jun 2024
Next filing
26 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 +21.4K 21.4K 20 Jun 2024 Direct F1
transaction HCP Class A Common Stock Conversion of derivative security +8.65K +40.47% 30K 20 Jun 2024 Direct F2
transaction HCP Class A Common Stock Sale -$397K -11.9K -39.72% $33.26 18.1K 20 Jun 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 -5.94K -14.29% $0.00 35.6K 20 Jun 2024 Class A Common Stock 5.94K Direct F1, F5
transaction HCP Restricted Stock Units Options Exercise $0 -1.47K -12.5% $0.00 10.3K 20 Jun 2024 Class A Common Stock 1.47K Direct F1, F6
transaction HCP Restricted Stock Units Options Exercise $0 -6.72K -8.33% $0.00 73.9K 20 Jun 2024 Class A Common Stock 6.72K Direct F1, F7
transaction HCP Restricted Stock Units Options Exercise $0 -7.25K -6.25% $0.00 109K 20 Jun 2024 Class A Common Stock 7.25K Direct F1, F8
transaction HCP Restricted Stock Units Options Exercise $0 -8.65K -33.33% $0.00 17.3K 20 Jun 2024 Class B Common Stock 8.65K Direct F9, F10
transaction HCP Class B Common Stock Options Exercise $0 +8.65K $0.00 8.65K 20 Jun 2024 Class A Common Stock 8.65K Direct F2
transaction HCP Class B Common Stock Conversion of derivative security $0 -8.65K -100% $0.00* 0 21 Jun 2024 Class A Common Stock 8.65K 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 $33.11 to $33.335, 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 five equal quarterly installments beginning on September 20, 2024.
F6 The remaining RSUs vest in seven equal quarterly installments beginning on September 20, 2024.
F7 The remaining RSUs vest in 11 equal quarterly installments beginning on September 20, 2024.
F8 The remaining RSUs vest in 15 equal quarterly installments beginning on September 20, 2024.
F9 Each RSU represents a contingent right to receive one share of Class B Common Stock.
F10 The remaining RSUs vest in two equal quarterly installments beginning on September 20, 2024.