Navam Welihinda - 03 Oct 2022 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: 03 Oct 2022
Net transactions value: -$397,869
Form type: 4
Filing time: 05 Oct 2022, 17:32:26 UTC
Previous filing: 22 Dec 2022
Next filing: 03 Nov 2022
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	Conversion of derivative security		+8,829	+176%		13,832	03 Oct 2022	Direct	F1
transaction	HCP	Class A Common Stock	Sale	$178,398	-5,691	-41%	$31.35	8,141	03 Oct 2022	Direct	F2, F3
transaction	HCP	Class A Common Stock	Sale	$219,471	-6,809	-84%	$32.23	1,332	03 Oct 2022	Direct	F2, 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	Class B Common Stock	Conversion of derivative security	$0	+8,829	+5.2%	$0.000000	180,028	03 Oct 2022	Class A Common Stock	8,829		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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.
F2	The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 21, 2022.
F3	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.80 to $31.79, 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 within the ranges set forth in footnotes (3) and (4) to this Form 4.
F4	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.81 to $32.75, inclusive.