Andrew Dudum - Mar 14, 2025 Form 4 Insider Report for Hims & Hers Health, Inc. (HIMS)

Signature
/s/ Alexandra Cotter Wilkins, Attorney-in-Fact
Stock symbol
HIMS
Transactions as of
Mar 14, 2025
Transactions value $
-$11,546,769
Form type
4
Date filed
3/18/2025, 06:35 PM
Previous filing
Mar 13, 2025
Next filing
Apr 18, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HIMS Class A Common Stock Options Exercise +176K +180.49% 274K Mar 14, 2025 Direct F1
transaction HIMS Class A Common Stock Tax liability -$3.23M -97.6K -35.6% $33.14 176K Mar 14, 2025 Direct F2
transaction HIMS Class A Common Stock Options Exercise $41.3K +17K +9.64% $2.43 193K Mar 17, 2025 Direct F3
transaction HIMS Class A Common Stock Sale -$560K -17K -8.79% $32.97 176K Mar 17, 2025 Direct F3, F4
transaction HIMS Class A Common Stock Options Exercise $122K +50K +28.34% $2.43 226K Mar 17, 2025 Direct F3
transaction HIMS Class A Common Stock Sale -$1.76M -50K -22.08% $35.28 176K Mar 17, 2025 Direct F3, F5
transaction HIMS Class A Common Stock Options Exercise $101K +41.7K +23.61% $2.43 218K Mar 17, 2025 Direct F3
transaction HIMS Class A Common Stock Sale -$916K -27.3K -12.54% $33.49 191K Mar 17, 2025 Direct F3, F6
transaction HIMS Class A Common Stock Sale -$471K -14.3K -7.51% $32.91 176K Mar 17, 2025 Direct F3, F7
transaction HIMS Class A Common Stock Options Exercise $40.5K +16.7K +9.45% $2.43 193K Mar 17, 2025 Direct F3
transaction HIMS Class A Common Stock Sale -$549K -16.7K -8.63% $32.96 176K Mar 17, 2025 Direct F3, F8
transaction HIMS Class A Common Stock Sale -$92.2K -2.79K -1.58% $33.01 174K Mar 17, 2025 Direct F3, F9
transaction HIMS Class A Common Stock Sale -$1.95M -57.7K -33.23% $33.75 116K Mar 18, 2025 Direct F3, F10
transaction HIMS Class A Common Stock Sale -$718K -21K -18.15% $34.13 94.9K Mar 18, 2025 Direct F3, F11
transaction HIMS Class A Common Stock Sale -$1.36M -40.4K -9.45% $33.55 387K Mar 17, 2025 Held by Trustee of Dudum Family Community Property Trust F3, F12
transaction HIMS Class A Common Stock Sale -$242K -7.09K -1.83% $34.15 380K Mar 17, 2025 Held by Trustee of Dudum Family Community Property Trust F3, F13
holding HIMS Class A Common Stock 1.19M Mar 14, 2025 Held by Trustee of AD 2022 GRAT 3 dated 11-28-2022
holding HIMS Class A Common Stock 1.18M Mar 14, 2025 Held by Trustee of Andrew Dudum 2015 Trust Dated July 2, 2015
holding HIMS Class A Common Stock 1.29M Mar 14, 2025 Held by Trustee of AD 2021 GRAT dated 11-1-2021
holding HIMS Class A Common Stock 534K Mar 14, 2025 Held by Trustee of AD 2022 GRAT
holding HIMS Class A Common Stock 829K Mar 14, 2025 Held by Trustee of AD 2022 GRAT 2 dated 9/7/2022
holding HIMS Class A Common Stock 1.58M Mar 14, 2025 Held by Trustee of AD 2023 GRAT dated 9-5-2023
holding HIMS Class A Common Stock 2.87M Mar 14, 2025 Held by Trustee of Dudum Family Heritage Trust UAD 8-10-2021

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 -35.4K -11.11% $0.00 284K Mar 14, 2025 Class A Common Stock 35.4K Direct F1, F14
transaction HIMS Restricted Stock Unit Options Exercise $0 -35.2K -20% $0.00 141K Mar 14, 2025 Class A Common Stock 35.2K Direct F1, F15
transaction HIMS Restricted Stock Unit Options Exercise $0 -74.5K -7.69% $0.00 894K Mar 14, 2025 Class A Common Stock 74.5K Direct F1, F16
transaction HIMS Restricted Stock Unit Options Exercise $0 -7.33K -100% $0.00 0 Mar 14, 2025 Class A Common Stock 7.33K Direct F1, F17
transaction HIMS Restricted Stock Unit Options Exercise $0 -108 -100% $0.00 0 Mar 14, 2025 Class A Common Stock 108 Direct F1, F17
transaction HIMS Restricted Stock Unit Options Exercise $0 -3.58K -100% $0.00 0 Mar 14, 2025 Class A Common Stock 3.58K Direct F1, F17
transaction HIMS Restricted Stock Unit Options Exercise $0 -1.79K -100% $0.00 0 Mar 14, 2025 Class A Common Stock 1.79K Direct F1, F17
transaction HIMS Restricted Stock Unit Options Exercise $0 -18.3K -100% $0.00 0 Mar 14, 2025 Class A Common Stock 18.3K Direct F1, F17
transaction HIMS Stock Option (right to buy) Options Exercise $0 -17K -11.11% $0.00 136K Mar 17, 2025 Class A Common Stock 17K $2.43 Direct F3, F18, F19
transaction HIMS Stock Option (right to buy) Options Exercise $0 -50K -3.85% $0.00 1.25M Mar 17, 2025 Class A Common Stock 50K $2.43 Direct F3, F19, F20
transaction HIMS Stock Option (right to buy) Options Exercise $0 -41.7K -3.34% $0.00 1.21M Mar 17, 2025 Class A Common Stock 41.7K $2.43 Direct F3, F19, F20
transaction HIMS Stock Option (right to buy) Options Exercise $0 -16.7K -1.38% $0.00 1.19M Mar 17, 2025 Class A Common Stock 16.7K $2.43 Direct F3, F19, F20
* 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 Restricted Stock Units ("RSUs") 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 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.
F4 Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $32.66 - $33.375. 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.
F5 Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $35.00 - $35.60. 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.
F6 Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $33.00 - $33.92. 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.
F7 Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $32.67 - $32.99. 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.
F8 Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $32.75 - $33.21. 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.
F9 Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $32.84 - $33.21. 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.
F10 Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $33.33 - $33.995. 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.
F11 Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $34.00 - $34.37. 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.
F12 Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $33.20 - $33.975. 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.
F13 Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $34.01 - $34.60. 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.
F14 The RSUs are subject to a service-based vesting requirement, which shall be satisfied over a 4-year period, with the RSUs vesting in substantially equal quarterly installments on the specified vesting dates of March 15, June 15, September 15 and December 15 (each, a "Company Quarterly Vesting Date"), with the first such vesting date on June 15, 2023.
F15 The RSUs are subject to a service-based vesting requirement, which shall be satisfied over a 4-year period, with the RSUs vesting in substantially equal quarterly installments on each Company Quarterly Vesting Date occurring on or after June 15, 2022.
F16 The RSUs are subject to a service-based vesting requirement, which shall be satisfied over a 4-year period, with the RSUs vesting in substantially equal quarterly installments on the specified vesting dates of March 15, June 15, September 15 and December 15 (each, a "Company Quarterly Vesting Date"), with the first such vesting date on June 15, 2024.
F17 The RSUs are subject to a service-based vesting requirement, which shall be satisfied over a 4-year period, with the RSUs vesting in substantially equal quarterly installments on each Company Quarterly Vesting Date occurring on or after March 15, 2021.
F18 Prior to the Company's business combination transaction in 2021, the option represented the right to purchase 7,166,182 shares of Hims, Inc. with an exercise price of $1.10. Following the Company's business combination transaction in 2021, the option converted into the right to purchase 3,246,139 shares of the Company with an exercise price of $2.43. 100% of the shares subject to the option vested upon certain specified thresholds met in 2021.
F19 The expiration date of the stock options was reported as 6/17/2030 instead of 6/16/2030 on Form 4s filed for transactions executed on June 6, 2023; June 29, 2023; July 18, 2023; August 8, 2023; November 30, 2023; December 27, 2023; January 25, 2024; February 12, 2024; March 1, 2024; April 4, 2024; May 1, 2024; June 4, 2024; July 3, 2024; August 5, 2024; September 3, 2024; October 1, 2024; November 5, 2024; December 13, 2024; January 16, 2025; and February 18, 2025, due to a software error.
F20 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.