Michael Chi - 15 Oct 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
15 Oct 2024
Transactions value $
-$1,083,069
Form type
4
Filing time
16 Oct 2024, 17:50:05 UTC
Previous filing
17 Sep 2024
Next filing
22 Oct 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 $208,500 +15,000 +7.7% $13.9 208,980 15 Oct 2024 Direct F1
transaction HIMS Class A Common Stock Options Exercise $173,381 +34,607 +17% $5.01 243,587 15 Oct 2024 Direct F1
transaction HIMS Class A Common Stock Options Exercise $148,519 +21,777 +8.9% $6.82 265,364 15 Oct 2024 Direct F1
transaction HIMS Class A Common Stock Options Exercise $47,376 +4,109 +1.5% $11.53 269,473 15 Oct 2024 Direct F1
transaction HIMS Class A Common Stock Sale -$1,660,846 -75,493 -28% $22 193,980 15 Oct 2024 Direct F1

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 -15,000 -17% $0 74,082 15 Oct 2024 Class A Common Stock 15,000 $13.9 Direct F1, F2
transaction HIMS Stock Option (right to buy) Options Exercise $0 -34,607 -11% $0 294,159 15 Oct 2024 Class A Common Stock 34,607 $5.01 Direct F1, F3
transaction HIMS Stock Option (right to buy) Options Exercise $0 -21,777 -12% $0 159,698 15 Oct 2024 Class A Common Stock 21,777 $6.82 Direct F1, F4
transaction HIMS Stock Option (right to buy) Options Exercise $0 -4,109 -6.5% $0 59,573 15 Oct 2024 Class A Common Stock 4,109 $11.53 Direct F1, 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 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 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.
F3 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.
F4 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.
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 monthly, beginning on April 1, 2023.