Filing Details
- Accession Number:
- 0000899243-21-048431
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-12-15 20:09:20
- Reporting Period:
- 2021-12-13
- Accepted Time:
- 2021-12-15 20:09:20
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1720671 | Hashicorp Inc. | HCP | Services-Computer Programming Services (7371) | 320410665 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1894706 | Navam Welihinda | C/O Hashicorp, Inc. 101 Second Street, Suite 700 San Francisco CA 94105 | Chief Financial Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2021-12-13 | 301,028 | $0.00 | 95,000 | No | 4 | J | Direct | |
| Common Stock | Disposition | 2021-12-13 | 95,000 | $0.00 | 0 | No | 4 | J | Direct | |
| Class A Common Stock | Acquisiton | 2021-12-13 | 6,248 | $0.00 | 6,248 | No | 4 | C | Direct | |
| Class A Common Stock | Disposition | 2021-12-13 | 6,248 | $86.33 | 0 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | J | Direct | |
| No | 4 | J | Direct | |
| No | 4 | C | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Class B Common Stock | Acquisiton | 2021-12-13 | 180,028 | $0.00 | 180,028 | $0.00 |
| Class A Common Stock | Class B Common Stock | Acquisiton | 2021-12-13 | 6,248 | $0.00 | 6,248 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2021-12-13 | 6,248 | $0.00 | 6,248 | $0.00 |
| Class B Common Stock | Restricted Stock Units | Acquisiton | 2021-12-13 | 121,000 | $0.00 | 121,000 | $0.00 |
| Class A Common Stock | Restricted Stock Units | Acquisiton | 2021-12-13 | 95,000 | $0.00 | 95,000 | $0.00 |
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2021-02-13 | 170,222 | $0.00 | 170,222 | $0.23 |
| Class B Common Stock | Employee Stock Option (right to buy) | Acquisiton | 2021-12-13 | 170,222 | $0.00 | 170,222 | $0.23 |
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2021-12-13 | 50,000 | $0.00 | 50,000 | $1.15 |
| Class B Common Stock | Employee Stock Option (right to buy) | Acquisiton | 2021-12-13 | 50,000 | $0.00 | 50,000 | $1.15 |
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2021-12-13 | 160,000 | $0.00 | 160,000 | $5.32 |
| Class B Common Stock | Employee Stock Option (right to buy) | Acquisiton | 2021-12-13 | 160,000 | $0.00 | 160,000 | $5.32 |
| Class B Common Stock | Employee Stock Option (right to buy) | Disposition | 2021-12-13 | 6,248 | $0.00 | 6,248 | $5.32 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 180,028 | No | 4 | J | Direct | ||
| 186,276 | No | 4 | M | Direct | ||
| 180,028 | No | 4 | C | Direct | ||
| 121,000 | No | 4 | J | Direct | ||
| 95,000 | No | 4 | J | Direct | ||
| 0 | 2027-04-05 | No | 4 | J | Direct | |
| 170,222 | 2027-04-05 | No | 4 | J | Direct | |
| 0 | 2028-09-25 | No | 4 | J | Direct | |
| 50,000 | 2028-09-25 | No | 4 | J | Direct | |
| 0 | 2029-04-22 | No | 4 | J | Direct | |
| 160,000 | 2029-04-22 | No | 4 | J | Direct | |
| 153,752 | 2029-04-22 | No | 4 | M | Direct |
Footnotes
- Pursuant to a reclassification exempt under Rule 16b-7, each share of Common Stock was automatically reclassified into one share of Class A Common Stock immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock.
- Of the reported shares, 180,028 are represented by shares of Common Stock and the remaining 121,000 are represented by restricted stock units, or RSUs.
- The shares are represented by RSUs.
- Pursuant to a reclassification exempt under Rule 16b-7, each share of Common Stock underlying the RSU was automatically reclassified into one share of Class A Common Stock immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock.
- 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.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $86.09 to $86.84, 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.
- Each RSU represents a contingent right to receive one share of Issuer Class B Common Stock.
- The RSUs vest as to 25% on January 31, 2022 and the remaining shares vest in twelve equal quarterly installments beginning on March 20, 2022.
- Each RSU represents a contingent right to receive one share of Issuer Class A Common Stock.
- The RSUs vest as to 50% on December 9, 2023 and the remaining shares vest in eight equal quarterly installments beginning on December 20, 2023.
- The shares underlying the option are fully vested and immediately exercisable.
- The shares underlying the option vested as to 25% of the total shares on September 26, 2019 and the remaining shares vest in 36 equal monthly installments thereafter.
- The shares underlying the option vested as to 25% of the total shares on February 27, 2020 and the remaining shares vest in 36 equal monthly installments thereafter.
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