Andrew Dudum - 27 Dec 2023 Form 4 Insider Report for Hims & Hers Health, Inc. (HIMS)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Kimberly Mather, Attorney-in-Fact
Issuer symbol
HIMS
Transactions as of
27 Dec 2023
Net transactions value
-$362,325
Form type
4
Filing time
29 Dec 2023, 18:09:06 UTC
Previous filing
19 Dec 2023
Next filing
29 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HIMS Class A Common Stock Options Exercise $18,711 +7,700 +15% $2.43 59,353 27 Dec 2023 Direct F1
transaction HIMS Class A Common Stock Sale $69,462 -7,700 -13% $9.02 51,653 27 Dec 2023 Direct F1, F2
transaction HIMS Class A Common Stock Options Exercise $62,572 +25,750 +50% $2.43 77,403 28 Dec 2023 Direct F1
transaction HIMS Class A Common Stock Sale $232,002 -25,750 -33% $9.01 51,653 28 Dec 2023 Direct F1, F3
transaction HIMS Class A Common Stock Options Exercise $52,080 +21,432 +41% $2.43 73,085 29 Dec 2023 Direct F1
transaction HIMS Class A Common Stock Sale $194,223 -21,432 -29% $9.06 51,653 29 Dec 2023 Direct F1, F4
holding HIMS Class A Common Stock 1,315,881 27 Dec 2023 Held by Trustee of AD 2022 GRAT 3
holding HIMS Class A Common Stock 1,743,758 27 Dec 2023 Held by Trustee of Andrew Dudum 2015 Trust Dated July 2, 2015
holding HIMS Class A Common Stock 1,675,943 27 Dec 2023 Held by Trustee of AD 2021 GRAT dated 11-1-2021
holding HIMS Class A Common Stock 597,335 27 Dec 2023 Held by Trustee of AD 2022 GRAT
holding HIMS Class A Common Stock 570,398 27 Dec 2023 Held by Trustee of Dudum Family Community Property Trust
holding HIMS Class A Common Stock 418,986 27 Dec 2023 Held by Trustee of AD 2021 GRAT 2 dated 11-1-2021
holding HIMS Class A Common Stock 1,584,506 27 Dec 2023 Held by Trustee of AD 2023 GRAT dated 9-5-2023
holding HIMS Class A Common Stock 891,735 27 Dec 2023 Held by Trustee of AD 2022 GRAT 2 dated 9/7/2022
holding HIMS Class A Common Stock 1,500 27 Dec 2023 Held by Trustees of Richard M. Dudum Irrevocable 1 U/A dtd 10/15/1997
holding HIMS Class A Common Stock 2,874,769 27 Dec 2023 Held by Trustee of Dudum Family Heritage Trust UAD 8-10-2021

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 HIMS Stock Option (right to buy) Options Exercise $0 -7,700 -0.26% $0.000000 2,980,064 27 Dec 2023 Class A Common Stock 7,700 $2.43 Direct F5
transaction HIMS Stock Option (right to buy) Options Exercise $0 -25,750 -0.86% $0.000000 2,954,314 28 Dec 2023 Class A Common Stock 25,750 $2.43 Direct F5
transaction HIMS Stock Option (right to buy) Options Exercise $0 -21,432 -0.73% $0.000000 2,932,882 29 Dec 2023 Class A Common Stock 21,432 $2.43 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The stock option exercises and related sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on March 1, 2023 by the Reporting Person.
F2 Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $9.00 - $9.075. The Reporting Person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
F3 Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $9.00 - $9.035. The Reporting Person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
F4 Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $9.01 - $9.12. The Reporting Person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
F5 Prior to the Company's business combination transaction in 2021, the option represented the right to purchase 7,166,182 shares of Hims, Inc. with an exercise price of $1.10. Following the Company's business combination transaction in 2021, the option converted into the right to purchase 3,246,139 shares of the Company with an exercise price of $2.43. 100% of the shares subject to the option vested upon certain specified thresholds met in 2021.