Brandon Sweeney - Dec 20, 2022 Form 4 Insider Report for HashiCorp, Inc. (HCP)

Role
Chief Revenue Officer
Signature
/s/ Paul Warenski, by power of attorney
Stock symbol
HCP
Transactions as of
Dec 20, 2022
Transactions value $
-$767,452
Form type
4
Date filed
12/22/2022, 05:30 PM
Previous filing
Oct 7, 2022
Next filing
Feb 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HCP Class A Common Stock Options Exercise +3.36K +5.49% 64.6K Dec 20, 2022 Direct F1, F2
transaction HCP Class A Common Stock Conversion of derivative security +54.3K +84.13% 119K Dec 21, 2022 Direct F3
transaction HCP Class A Common Stock Sale -$616K -23K -19.3% $26.85 95.9K Dec 21, 2022 Direct F4, F5
transaction HCP Class A Common Stock Sale -$151K -5.49K -5.72% $27.57 90.5K Dec 21, 2022 Direct F4, F6

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 -3.36K -7.14% $0.00 43.7K Dec 20, 2022 Class A Common Stock 3.36K Direct F1, F7
transaction HCP Restricted Stock Units Options Exercise $0 -4.33K -11.11% $0.00 34.6K Dec 20, 2022 Class B Common Stock 4.33K Direct F8, F9
transaction HCP Restricted Stock Units Options Exercise $0 -50K -20% $0.00 200K Dec 20, 2022 Class B Common Stock 50K Direct F8, F10
transaction HCP Class B Common Stock Options Exercise $0 +54.3K +193.22% $0.00 82.4K Dec 20, 2022 Class A Common Stock 54.3K Direct F3
transaction HCP Class B Common Stock Conversion of derivative security $0 -54.3K -65.9% $0.00 28.1K Dec 21, 2022 Class A Common Stock 54.3K Direct F3
* 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 Includes 351 shares acquired under the Issuer's Employee Stock Purchase Plan on December 15, 2022.
F3 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.
F4 The reported shares were sold to satisfy the reporting person's tax obligations in connection with the vesting of RSUs.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.37 to $27.35, 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) and (5) to this Form 4.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.37 to $27.83, inclusive.
F7 The remaining RSUs vest in thirteen equal quarterly installments beginning on March 30, 2023.
F8 Each RSU represents a contingent right to receive one share of Issuer Class B Common Stock.
F9 The remaining RSUs vest in eight equal quarterly installments beginning on March 30, 2023.
F10 The remaining RSUs vest in four equal quarterly installments beginning on March 30, 2023.