Stewart Ellis - 09 Nov 2021 Form 4 Insider Report for Hippo Holdings Inc. (HIPO)

Signature
/s/ Stewart Ellis
Issuer symbol
HIPO
Transactions as of
09 Nov 2021
Transactions value $
$0
Form type
4
Filing time
12 Nov 2021, 18:34:51 UTC
Previous filing
08 Oct 2021
Next filing
15 Apr 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HIPO Common Stock Award $0 +345K +11.03% $0.00 3.48M 09 Nov 2021 Direct F1, F2
holding HIPO Common Stock 258K 09 Nov 2021 See footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Constitute restricted stock units ("RSUs") for which the Reporting Person is entitled to receive one (1) share of Common Stock for each RSU upon vesting. 25% of the RSUs shall vest as to 1/4th on each quarterly anniversary of November 15, 2021 and 75% of the remaining RSUs shall vest as to 1/4th on each quarterly anniversary thereafter, subject to the Reporting Person's continued service to the issuer.
F2 Includes 345,468 RSUs.
F3 Shares held by Preservation Trust Company, Inc., Trustee of the Desertfish Nevada Trust.