Patrick Harrison Carroll - 15 Mar 2024 Form 4 Insider Report for Hims & Hers Health, Inc. (HIMS)

Role
Chief Medical Officer, Director
Signature
/s/ Alexandra Cotter Wilkins, Attorney-in-Fact
Issuer symbol
HIMS
Transactions as of
15 Mar 2024
Net transactions value
-$34,980
Form type
4
Filing time
19 Mar 2024, 18:02:18 UTC
Previous filing
01 Mar 2024
Next filing
13 May 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 +31,436 +20% 186,271 15 Mar 2024 Direct F1
transaction HIMS Class A Common Stock Tax liability $34,980 -2,391 -1.3% $14.63 183,880 15 Mar 2024 Direct F2

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 Restricted Stock Unit Options Exercise $0 -8,149 -8.3% $0.000000 89,635 15 Mar 2024 Class A Common Stock 8,149 Direct F1, F3
transaction HIMS Restricted Stock Unit Options Exercise $0 -23,287 -50% $0.000000 23,287 15 Mar 2024 Class A Common Stock 23,287 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person was granted Restricted Stock Units ("RSUs") which represent a contingent right to receive one share of Class A Common Stock for each RSU.
F2 The shares of Class A Common Stock were withheld by the issuer to cover tax withholding obligations in connection with the reported vesting and settlement of RSUs.
F3 The RSUs are subject to a service-based vesting requirement, which shall be satisfied over a 4-year period, with 25% of the RSUs vesting on December 15, 2023, and the remaining 75% of the RSUs vesting in substantially equal quarterly installments over the following 3 years, on the specified vesting dates of March 15, June 15, September 15 and December 15 (each, a "Company Quarterly Vesting Date") occurring thereafter.
F4 The Reporting Person was granted Restricted Stock Units ("RSUs") which represent a contingent right to receive one share of Class A Common Stock for each RSU. The RSUs are subject to a service-based vesting requirement, which shall be satisfied over a three-year period, with (i) one-third of the RSUs vesting on March 15, 2023, (ii) one-third of the RSUs vesting on March 15, 2024 and (iii) one-third of the RSUs vesting on March 15, 2025.