Andrew Dudum - Jan 31, 2025 Form 4 Insider Report for Hims & Hers Health, Inc. (HIMS)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Alexandra Cotter Wilkins, Attorney-in-Fact
Stock symbol
HIMS
Transactions as of
Jan 31, 2025
Transactions value $
-$3,279,300
Form type
4
Date filed
2/4/2025, 04:26 PM
Previous filing
Jan 24, 2025
Next filing
Feb 5, 2025
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 $243K +100K +358.19% $2.43 128K Jan 31, 2025 Direct F1
transaction HIMS Class A Common Stock Sale -$3.52M -100K -78.18% $35.22 27.9K Jan 31, 2025 Direct F1, F2
holding HIMS Class A Common Stock 1.19M Jan 31, 2025 Held by Trustee of AD 2022 GRAT 3 dated 11-28-2022
holding HIMS Class A Common Stock 1.18M Jan 31, 2025 Held by Trustee of Andrew Dudum 2015 Trust Dated July 2, 2015
holding HIMS Class A Common Stock 1.29M Jan 31, 2025 Held by Trustee of AD 2021 GRAT dated 11-1-2021
holding HIMS Class A Common Stock 534K Jan 31, 2025 Held by Trustee of AD 2022 GRAT
holding HIMS Class A Common Stock 475K Jan 31, 2025 Held by Trustee of Dudum Family Community Property Trust
holding HIMS Class A Common Stock 322K Jan 31, 2025 Held by Trustee of AD 2021 GRAT 2 dated 11-1-2021
holding HIMS Class A Common Stock 1.58M Jan 31, 2025 Held by Trustee of AD 2023 GRAT dated 9-5-2023
holding HIMS Class A Common Stock 829K Jan 31, 2025 Held by Trustee of AD 2022 GRAT 2 dated 9/7/2022
holding HIMS Class A Common Stock 2.87M Jan 31, 2025 Held by Trustee of Dudum Family Heritage Trust UAD 8-10-2021
holding HIMS Class A Common Stock 1.5K Jan 31, 2025 Held by Trustees of Richard M. Dudum Irrevocable 1 U/A dtd 10/15/1997

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 -100K -6.64% $0.00 1.41M Jan 31, 2025 Class A Common Stock 100K $2.43 Direct F1, F3
* 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 August 28, 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 $35.00 - $35.48. 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 The Stock Option was received in exchange for an option to purchase 3,583,091 shares of Class A Common Stock of Hims, Inc., with an exercise price of $1.10, in connection with the Merger. 1/48 of the shares subject to the Stock Option vest when the Reporting Person completes each month of continuous Service beginning March 13, 2020.