Glenn Solomon - 11 Oct 2023 Form 4 Insider Report for HashiCorp, Inc. (HCP)

Role
Director
Signature
/s/ Glenn Solomon
Issuer symbol
HCP
Transactions as of
11 Oct 2023
Net transactions value
$0
Form type
4
Filing time
13 Oct 2023, 19:02:12 UTC
Previous filing
22 Sep 2023
Next filing
22 Dec 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 $0 +1,049,346 $0.000000 1,049,346 11 Oct 2023 By GGV Capital V L.P. F1, F2
transaction HCP Class A Common Stock Conversion of derivative security $0 +38,511 $0.000000 38,511 11 Oct 2023 By GGV Capital V Entrepreneurs Fund L.P. F1, F3
transaction HCP Class A Common Stock Other $0 -1,049,346 -100% $0.000000* 0 11 Oct 2023 By GGV Capital V L.P. F2, F4
transaction HCP Class A Common Stock Other $0 -38,511 -100% $0.000000* 0 11 Oct 2023 By GGV Capital V Entrepreneurs Fund L.P. F3, F5
transaction HCP Class A Common Stock Other $0 +242,615 +167% $0.000000 387,703 11 Oct 2023 By GGV Capital V L.L.C. F6, F7
transaction HCP Class A Common Stock Other $0 -213,551 -55% $0.000000 174,152 11 Oct 2023 By GGV Capital V L.L.C. F7, F8
transaction HCP Class A Common Stock Other $0 +31,576 +9.2% $0.000000 375,289 11 Oct 2023 By Family Trust F9, F10
transaction HCP Class A Common Stock Other $0 +2,744 +9.2% $0.000000 32,629 11 Oct 2023 By Family Trust F9, F10
holding HCP Class A Common Stock 476,666 11 Oct 2023 By GGV Capital Select L.P. F11
holding HCP Class A Common Stock 8,172 11 Oct 2023 By GGV Capital LLC F12, F13

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 -1,049,346 -10% 9,444,116 11 Oct 2023 Class A Common Stock 1,049,346 By GGV Capital V L.P. F1, F2, F14
transaction HCP Class B Common Stock Conversion of derivative security -38,511 -10% 346,599 11 Oct 2023 Class A Common Stock 38,511 By GGV Capital V Entrepreneurs Fund L.P. F1, F3, F14
holding HCP Class B Common Stock 6,277,066 11 Oct 2023 Class A Common Stock 6,277,066 By GGV Capital Select L.P. F11, F14
holding HCP Class B Common Stock 864,448 11 Oct 2023 Class A Common Stock 864,448 By GGV VII Investments, L.L.C. F14, F15
holding HCP Class B Common Stock 835,632 11 Oct 2023 Class A Common Stock 835,632 By GGV VII Plus Investments L.L.C. F14, F16
* 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 was converted into one share of Class A Common Stock for no additional consideration at the option of the Reporting Person and had no expiration date.
F2 The shares are held of record by GGV Capital V L.P. ("GGV V LP"). As a managing member of GGV Capital V L.L.C. ("GGV V LLC"), the general partner of GGV V LP, the Reporting Person may be deemed to have voting and dispositive power over the shares held by GGV V LP. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his proportionate pecuniary interest therein.
F3 The shares are held of record by GGV Capital V Entrepreneurs Fund L.P. ("GGV Entrepreneurs"). As a managing member of GGV V LLC, the general partner of GGV Entrepreneurs, the Reporting Person may be deemed to have voting and dispositive power over the shares held by GGV Entrepreneurs. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his proportionate pecuniary interest therein.
F4 Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by GGV V LP to its general partner and limited partners without additional consideration.
F5 Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by GGV Entrepreneurs to its limited partners without additional consideration.
F6 Represents receipt of shares in the distribution in kind described in footnote (4).
F7 The shares are held of record by GGV V LLC. As a managing member of GGV V LLC, the Reporting Person may be deemed to have voting and dispositive power over the shares held by GGV V LLC. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his proportionate pecuniary interest therein.
F8 Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by GGV V LLC to its members without additional consideration.
F9 Represents receipt of shares in the distributions in kind described in footnotes (4) and (8).
F10 The shares are held of record by a family trust, as a trustee, the Reporting Person may be deemed to have voting and dispositive power over these shares. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his proportionate pecuniary interest therein.
F11 The shares are held of record by GGV Capital Select L.P. ("GGV Select LP"). As a managing member of GGV Capital Select L.L.C. ("GGV Select LLC"), the general partner of GGV Select LP, the Reporting Person may be deemed to have voting and dispositive power over the shares held by GGV Select LP. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his proportionate pecuniary interest therein.
F12 Gives effect to the transfer of 7,809 shares to GGV Capital LLC ("GGV Capital") for no consideration subsequent to the Reporting Person's most recent filing, which shares were previously held for the benefit of GGV Capital.
F13 The shares are held of record by GGV Capital, as a managing member of GGV Capital, the Reporting Person may be deemed to have voting and dispositive power over the shares held by GGV Capital. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his proportionate pecuniary interest therein.
F14 Each share of Class B Common Stock is convertible at any time into Class A Common Stock on a one-to-one basis at the Reporting Person's election and has no expiration date.
F15 The shares are held of record by GGV VII Investments, L.L.C. ("GGV VII Investments"). As a managing member of GGV Capital VII L.L.C. ("GGV Capital VII"), the manager of GGV VII Investments, the Reporting Person may be deemed to have voting and dispositive power over the shares held by GGV VII Investments. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his proportionate pecuniary interest therein.
F16 The shares are held of record by GGV VII Plus Investments, L.L.C. ("GGV Plus Investments"). As a managing member of GGV Capital VII Plus L.L.C. ("GGV Capital VII Plus"), the manager of GGV Plus Investments, the Reporting Person may be deemed to have voting and dispositive power over the shares held by GGV Plus Investments. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his proportionate pecuniary interest therein