Armon Dadgar - 20 Dec 2024 Form 4 Insider Report for HashiCorp, Inc. (HCP)

Signature
/s/ Paul Warenski, by power of attorney
Issuer symbol
HCP
Transactions as of
20 Dec 2024
Net transactions value
-$773,612
Form type
4
Filing time
23 Dec 2024, 16:39:35 UTC
Previous filing
04 Dec 2024
Next filing
26 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HCP Class A Common Stock Options Exercise +37,992 +139% 65,267 20 Dec 2024 Direct F1
transaction HCP Class A Common Stock Conversion of derivative security +6,488 +9.9% 71,755 20 Dec 2024 Direct F2
transaction HCP Class A Common Stock Tax liability $773,612 -22,607 -32% $34.22 49,148 20 Dec 2024 Direct F3
holding HCP Class A Common Stock 1,520,000 20 Dec 2024 See footnote F4
holding HCP Class A Common Stock 282,617 20 Dec 2024 See footnote F5
holding HCP Class A Common Stock 90,440 20 Dec 2024 See footnote F6

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 -17,813 -20% $0.000000 71,250 20 Dec 2024 Class A Common Stock 17,813 Direct F1, F7
transaction HCP Restricted Stock Units Options Exercise $0 -2,940 -17% $0.000000 14,702 20 Dec 2024 Class A Common Stock 2,940 Direct F1, F8
transaction HCP Restricted Stock Units Options Exercise $0 -8,957 -10% $0.000000 80,617 20 Dec 2024 Class A Common Stock 8,957 Direct F1, F9
transaction HCP Restricted Stock Units Options Exercise $0 -8,282 -7.1% $0.000000 107,664 20 Dec 2024 Class A Common Stock 8,282 Direct F1, F10
transaction HCP Restricted Stock Units Options Exercise $0 -6,488 -100% $0.000000 0 20 Dec 2024 Class B Common Stock 6,488 Direct F11, F12
transaction HCP Class B Common Stock Options Exercise $0 +6,488 +1.3% $0.000000 487,404 20 Dec 2024 Class A Common Stock 6,488 Direct F2
transaction HCP Class B Common Stock Conversion of derivative security $0 -6,488 -1.3% $0.000000 480,916 20 Dec 2024 Class A Common Stock 6,488 Direct F2
holding HCP Class B Common Stock 12,051,662 20 Dec 2024 Class A Common Stock 12,267,084 See footnote F2, F4
holding HCP Class B Common Stock 2,057,036 20 Dec 2024 Class A Common Stock 2,057,036 See footnote F2, F5
holding HCP Class B Common Stock 601,328 20 Dec 2024 Class A Common Stock 601,328 See footnote F2, F6
* 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 withheld to satisfy the reporting person's tax liability in connection with the vesting of RSUs.
F4 The shares are held of record by the Armon Dadgar 2020 Charitable Trust.
F5 The shares are held of record by the Armon Memaran-Dadgar Living Trust for which the reporting person serves as trustee.
F6 The shares are held of record by Black Swan III, LLC which the reporting person controls.
F7 The remaining RSUs vest in three equal quarterly installments beginning on March 20, 2025.
F8 The remaining RSUs vest in five equal quarterly installments beginning on March 20, 2025.
F9 The remaining RSUs vest in nine equal quarterly installments beginning on March 20, 2025.
F10 The remaining RSUs vest in 13 equal quarterly installments beginning on March 20, 2025.
F11 Each RSU represents a contingent right to receive one share of Issuer Class B Common Stock.
F12 All of the RSUs vested on December 20, 2024.