Armon Dadgar - 23 Jan 2023 Form 4 Insider Report for HashiCorp, Inc. (HCP)

Role
Chief Technology Officer,, Director, 10%+ Owner
Signature
/s/ Paul Warenski, by power of attorney
Issuer symbol
HCP
Transactions as of
23 Jan 2023
Net transactions value
-$1,107,435
Form type
4
Filing time
24 Jan 2023, 18:47:38 UTC
Previous filing
04 Jan 2023
Next filing
03 Feb 2023
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 +380,000 +25% 1,900,000 23 Jan 2023 See footnote F1, F2
transaction HCP Class A Common Stock Sale $209,710 -7,314 -0.38% $28.67 1,892,686 23 Jan 2023 See footnote F2, F3, F4
transaction HCP Class A Common Stock Sale $897,725 -30,686 -1.6% $29.26 1,862,000 23 Jan 2023 See footnote F2, F3, F5
holding HCP Class A Common Stock 22,669 23 Jan 2023 Direct
holding HCP Class A Common Stock 281,994 23 Jan 2023 See footnote F6
holding HCP Class A Common Stock 70,000 23 Jan 2023 See footnote F7

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 -380,000 -2.8% $0.000000 13,262,000 23 Jan 2023 Class A Common Stock 380,000 See footnote F1, F2
holding HCP Class B Common Stock 480,916 23 Jan 2023 Class A Common Stock 480,916 Direct F1
holding HCP Class B Common Stock 2,057,036 23 Jan 2023 Class A Common Stock 2,057,036 See footnote F1, F6
holding HCP Class B Common Stock 639,288 23 Jan 2023 Class A Common Stock 639,288 See footnote F1, F7
* 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 shares are held of record by the Armon Dadgar 2020 Charitable Trust.
F3 The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on October 6, 2022.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.01 to $29.00, 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 (4) and (5) to this Form 4.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.01 to $29.56, inclusive.
F6 The shares are held of record by the Armon Memaran-Dadgar Living Trust for which the reporting person serves as trustee.
F7 The shares are held of record by Black Swan III, LLC which the reporting person controls.