Michael Chi - 10 Jun 2024 Form 4 Insider Report for Hims & Hers Health, Inc. (HIMS)

Role
Chief Commercial Officer
Signature
/s/ Alexandra Cotter Wilkins, Attorney-in-Fact
Issuer symbol
HIMS
Transactions as of
10 Jun 2024
Net transactions value
-$4,142,366
Form type
4
Filing time
12 Jun 2024, 16:33:26 UTC
Previous filing
04 Jun 2024
Next filing
18 Jun 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 $62,939 +4,528 +2.6% $13.90 181,200 10 Jun 2024 Direct F1
transaction HIMS Class A Common Stock Options Exercise $9,569 +1,910 +1.1% $5.01 183,110 10 Jun 2024 Direct F1
transaction HIMS Class A Common Stock Options Exercise $55,713 +8,169 +4.5% $6.82 191,279 10 Jun 2024 Direct F1
transaction HIMS Class A Common Stock Options Exercise $34,175 +2,964 +1.5% $11.53 194,243 10 Jun 2024 Direct F1
transaction HIMS Class A Common Stock Sale $386,694 -17,571 -9% $22.01 176,672 10 Jun 2024 Direct F1, F2
transaction HIMS Class A Common Stock Options Exercise $3,494,321 +251,390 +142% $13.90 428,062 11 Jun 2024 Direct F1
transaction HIMS Class A Common Stock Options Exercise $337,193 +67,304 +16% $5.01 495,366 11 Jun 2024 Direct F1
transaction HIMS Class A Common Stock Options Exercise $191,819 +28,126 +5.7% $6.82 523,492 11 Jun 2024 Direct F1
transaction HIMS Class A Common Stock Options Exercise $321,099 +27,849 +5.3% $11.53 551,341 11 Jun 2024 Direct F1
transaction HIMS Class A Common Stock Sale $8,262,501 -374,669 -68% $22.05 176,672 11 Jun 2024 Direct F1, F3

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 -4,528 -1.3% $0.000000 355,472 10 Jun 2024 Class A Common Stock 4,528 $13.90 Direct F1, F4
transaction HIMS Stock Option (right to buy) Options Exercise $0 -1,910 -0.44% $0.000000 430,676 10 Jun 2024 Class A Common Stock 1,910 $5.01 Direct F1, F5
transaction HIMS Stock Option (right to buy) Options Exercise $0 -8,169 -3.6% $0.000000 216,860 10 Jun 2024 Class A Common Stock 8,169 $6.82 Direct F1, F6
transaction HIMS Stock Option (right to buy) Options Exercise $0 -2,964 -3% $0.000000 95,639 10 Jun 2024 Class A Common Stock 2,964 $11.53 Direct F1, F7
transaction HIMS Stock Option (right to buy) Options Exercise $0 -251,390 -71% $0.000000 104,082 11 Jun 2024 Class A Common Stock 251,390 $13.90 Direct F1, F4
transaction HIMS Stock Option (right to buy) Options Exercise $0 -67,304 -16% $0.000000 363,372 11 Jun 2024 Class A Common Stock 67,304 $5.01 Direct F1, F5
transaction HIMS Stock Option (right to buy) Options Exercise $0 -28,126 -13% $0.000000 188,734 11 Jun 2024 Class A Common Stock 28,126 $6.82 Direct F1, F6
transaction HIMS Stock Option (right to buy) Options Exercise $0 -27,849 -29% $0.000000 67,790 11 Jun 2024 Class A Common Stock 27,849 $11.53 Direct F1, F7
* 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 sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on March 1, 2024 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 $22.00 - $22.10. 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 $22.00 - $22.13. 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 The options are subject to a service-based vesting requirement, which shall be satisfied over a 4-year period, with 25% of the options vesting on April 19, 2022 and the remaining 75% of the options vesting monthly thereafter.
F5 The options are subject to a service-based vesting requirement, which shall be satisfied over a 4-year period, with 1/48th of the options vesting on March 24, 2022, and 1/48th of the options vesting monthly thereafter.
F6 The options are subject to a service-based vesting requirement, which shall be satisfied over a 4-year period, with 1/48th of the options vesting on September 10, 2022, and 1/48th of the options vesting monthly thereafter.
F7 The options are subject to a service-based vesting requirement, which shall be satisfied over a 4-year period, with 1/48th of the options vesting monthly, beginning on April 1, 2023.