Navam Welihinda - 20 Sep 2024 Form 4 Insider Report for HashiCorp, Inc. (HCP)

Role
Chief Financial Officer
Signature
/s/ Paul Warenski, by power of attorney
Issuer symbol
HCP
Transactions as of
20 Sep 2024
Net transactions value
-$614,773
Form type
4
Filing time
23 Sep 2024, 17:42:06 UTC
Previous filing
23 Aug 2024
Next filing
05 Mar 2025
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 +28,159 +32% 116,481 20 Sep 2024 Direct F1
transaction HCP Class A Common Stock Conversion of derivative security +7,569 +6.5% 124,050 20 Sep 2024 Direct F2
transaction HCP Class A Common Stock Sale $614,773 -18,167 -15% $33.84 105,883 20 Sep 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 -17% $0.000000 29,688 20 Sep 2024 Class A Common Stock 5,937 Direct F1, F5
transaction HCP Restricted Stock Units Options Exercise $0 -3,360 -14% $0.000000 20,162 20 Sep 2024 Class A Common Stock 3,360 Direct F1, F6
transaction HCP Restricted Stock Units Options Exercise $0 -8,510 -9.1% $0.000000 85,095 20 Sep 2024 Class A Common Stock 8,510 Direct F1, F7
transaction HCP Restricted Stock Units Options Exercise $0 -10,352 -6.7% $0.000000 144,933 20 Sep 2024 Class A Common Stock 10,352 Direct F1, F8
transaction HCP Restricted Stock Units Options Exercise $0 -7,569 -50% $0.000000 7,569 20 Sep 2024 Class B Common Stock 7,569 Direct F9, F10
transaction HCP Class B Common Stock Options Exercise $0 +7,569 +15% $0.000000 58,760 20 Sep 2024 Class A Common Stock 7,569 Direct F2
transaction HCP Class B Common Stock Conversion of derivative security $0 -7,569 -13% $0.000000 51,191 20 Sep 2024 Class A Common Stock 7,569 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Navam Welihinda is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

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 $33.75 to $33.95, 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 December 20, 2024.
F6 The remaining RSUs vest in six equal quarterly installments beginning on December 20, 2024.
F7 The remaining RSUs vest in 10 equal quarterly installments beginning on December 20, 2024.
F8 The RSUs vest in 14 equal quarterly installments beginning on December 20, 2024.
F9 Each RSU represents a contingent right to receive one share of Class B Common Stock.
F10 The remaining RSUs vest on December 20, 2024.

Remarks:

Effective September 23, 2024, the reporting person resigned as the Chief Financial Officer of the Company.