Andrew Dudum - Feb 3, 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: Feb 3, 2025
Transactions value $: -$3,479,057
Form type: 4
Date filed: 2/5/2025, 04:31 PM
Previous filing: Feb 4, 2025
Next filing: Feb 20, 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		+3.16K	+11.32%		31.1K	Feb 3, 2025	Direct	F1
transaction	HIMS	Class A Common Stock	Options Exercise		+159K	+510.89%		190K	Feb 3, 2025	Direct	F1
transaction	HIMS	Class A Common Stock	Tax liability	-$3.48M	-89.4K	-47.07%	$38.93	100K	Feb 3, 2025	Direct

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	-3.16K	-100%	$0.00	0	Feb 3, 2025	Class A Common Stock	3.16K		Direct	F1, F2
transaction	HIMS	Restricted Stock Unit	Options Exercise	$0	-159K	-100%	$0.00	0	Feb 3, 2025	Class A Common Stock	159K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Restricted Stock Units ("RSUs") represent a contingent right to to receive one share of Class A Common Stock for each RSU.
F2	In connection with the Company's business combination transaction effected in January 2021, the Reporting Person was granted RSUs that fully vest when either (i) the issuer is acquired and the per share consideration is equal to at least $38.31 per share (subject to appropriate adjustment for stock splits and otherwise, the "Threshold Amount") or (ii) the per share closing trading price of the issuer's Class A Common Stock is at least equal to the Threshold Amount (the date on which such closing trading price is achieved, the "Achievement Date"), provided that the Reporting Person remains in continuous service as chief executive officer or a director through such acquisition or the Achievement Date, as applicable.

Content

The Restricted Stock Units ("RSUs") represent a contingent right to to receive one share of Class A Common Stock for each RSU.

In connection with the Company's business combination transaction effected in January 2021, the Reporting Person was granted RSUs that fully vest when either (i) the issuer is acquired and the per share consideration is equal to at least $38.31 per share (subject to appropriate adjustment for stock splits and otherwise, the "Threshold Amount") or (ii) the per share closing trading price of the issuer's Class A Common Stock is at least equal to the Threshold Amount (the date on which such closing trading price is achieved, the "Achievement Date"), provided that the Reporting Person remains in continuous service as chief executive officer or a director through such acquisition or the Achievement Date, as applicable.