Armon Dadgar - Sep 20, 2022 Form 4 Insider Report for HashiCorp, Inc. (HCP)

Signature
/s/ Paul Warenski, by power of attorney
Stock symbol
HCP
Transactions as of
Sep 20, 2022
Transactions value $
-$583,395
Form type
4
Date filed
9/22/2022, 08:10 PM
Previous filing
Sep 7, 2022
Next filing
Sep 26, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HCP Class A Common Stock Options Exercise +2.94K +25.45% 14.5K Sep 20, 2022 Direct F1
transaction HCP Class A Common Stock Conversion of derivative security +14.6K +100.84% 29.1K Sep 21, 2022 Direct F2
transaction HCP Class A Common Stock Sale -$142K -4.78K -16.44% $29.61 24.3K Sep 21, 2022 Direct F3, F4
transaction HCP Class A Common Stock Sale -$60.6K -2K -8.22% $30.32 22.3K Sep 21, 2022 Direct F3, F5
transaction HCP Class A Common Stock Sale -$327K -12K -53.92% $27.20 10.3K Sep 22, 2022 Direct F6, F7
transaction HCP Class A Common Stock Sale -$39.3K -1.4K -13.61% $28.10 8.88K Sep 22, 2022 Direct F6, F8
transaction HCP Class A Common Stock Sale -$14.5K -500 -5.63% $28.96 8.38K Sep 22, 2022 Direct F6, F9

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 HCP Restricted Stock Units Options Exercise $0 -2.94K -6.67% $0.00 41.2K Sep 20, 2022 Class A Common Stock 2.94K Direct F1, F10
transaction HCP Restricted Stock Units Options Exercise $0 -6.49K -10% $0.00 58.4K Sep 20, 2022 Class B Common Stock 6.49K Direct F11, F12
transaction HCP Restricted Stock Units Options Exercise $0 -8.12K -16.66% $0.00 40.6K Sep 20, 2022 Class B Common Stock 8.12K Direct F11, F13
transaction HCP Class B Common Stock Options Exercise $0 +14.6K +18.11% $0.00 95.3K Sep 20, 2022 Class A Common Stock 14.6K Direct F2
transaction HCP Class B Common Stock Conversion of derivative security $0 -14.6K -15.33% $0.00 80.7K Sep 21, 2022 Class A Common Stock 14.6K Direct F2
holding HCP Class B Common Stock 15.2M Sep 20, 2022 Class A Common Stock 15.2M See Footnote F2, F14
holding HCP Class B Common Stock 2.34M Sep 20, 2022 Class A Common Stock 2.34M See Footnote F2, F15
holding HCP Class B Common Stock 709K Sep 20, 2022 Class A Common Stock 709K See Footnote F2, F16
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit, or RSU, represents a contingent right to receive one share of Issuer Class A Common Stock.
F2 Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.
F3 The reported shares were sold to satisfy the reporting person's tax obligations in connection with the vesting of RSUs.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.19 to $30.15, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (4), (5) and (7) through (9) to this Form 4.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.22 to $30.44, inclusive.
F6 The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 21, 2022.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.87 to $27.79, inclusive.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.87 to $28.34, inclusive.
F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.93 to $28.98, inclusive.
F10 The remaining RSUs vest in fourteen equal quarterly installments beginning on December 20, 2022.
F11 Each RSU represents a contingent right to receive one share of Issuer Class B Common Stock.
F12 The remaining RSUs vest in nine equal quarterly installments beginning on December 20, 2022.
F13 The remaining RSUs vest in five quarterly installments beginning on September 20, 2022.
F14 The shares are held of record by the Armon Dadgar 2020 Charitable Trust.
F15 The shares are held of record by the Armon Memaran-Dadgar Living Trust for which the reporting person serves as trustee.
F16 The shares are held of record by Black Swan III, LLC which the reporting person controls.