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Dudum Andrew's Form 4/A amendment

Amended

Hims & Hers Health, Inc. (HIMS) · filed Dec 17, 2024

Accession no.
0001773751-24-000403
Filed
Dec 17, 2024
Trade date
Dec 13-17, 2024
Filing delay
4 days
Rule 10b5-1 plan
Checked
Original filed
Dec 17, 2024

This filing lists 13 non-derivative transactions and 11 derivative transactions. Open-market sales total $6.24M. It was filed 4 days after the trade.

This amendment replaces 0001773751-24-000394 (filed Dec 17, 2024).

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Dudum AndrewCIK 0001837796Director, Officer (Chief Executive Officer), 10% Owner

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Dec 13, 2024Class A Common StockMOption exerciseAcquired+176,308–F1–209,810Direct
Dec 13, 2024Class A Common StockFTax withholdingDisposed−97,062$30.02−$2,913,801.24112,748Direct
Dec 16, 2024Class A Common StockSSaleDisposed−2,792$28.87F4−$80,605.04109,956Direct
Dec 16, 2024Class A Common StockSSaleDisposed−31,934$28.89F5−$922,573.26538,464Indirect
Dec 16, 2024Class A Common StockSSaleDisposed−15,600$29.78F6−$464,568522,864Indirect
Dec 16, 2024Class A Common StockMOption exerciseAcquired+17,001$2.43+$41,312.43126,957Direct
Dec 16, 2024Class A Common StockSSaleDisposed−17,001$28.78F7−$489,288.78109,956Direct
Dec 16, 2024Class A Common StockMOption exerciseAcquired+16,667$2.43+$40,500.81126,623Direct
Dec 16, 2024Class A Common StockSSaleDisposed−16,667$28.79F8−$479,842.93109,956Direct
Dec 16, 2024Class A Common StockMOption exerciseAcquired+41,667$2.43+$101,250.81151,623Direct
Dec 16, 2024Class A Common StockSSaleDisposed−41,667$30.35F9−$1,264,593.45109,956Direct
Dec 17, 2024Class A Common StockSSaleDisposed−68,707$32.01F10−$2,199,311.0741,249Direct
Dec 17, 2024Class A Common StockSSaleDisposed−10,539$32.63F11−$343,887.5730,710Direct

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Dec 13, 2024Class A Common StockMOption exerciseDisposed−35,446$0.00$0319,019Direct
Dec 13, 2024Class A Common StockMOption exerciseDisposed−35,242$0.00$0176,210Direct
Dec 13, 2024Class A Common StockMOption exerciseDisposed−7,330$0.00$07,330Direct
Dec 13, 2024Class A Common StockMOption exerciseDisposed−107$0.00$0108Direct
Dec 13, 2024Class A Common StockMOption exerciseDisposed−3,575$0.00$03,576Direct
Dec 13, 2024Class A Common StockMOption exerciseDisposed−1,789$0.00$01,789Direct
Dec 13, 2024Class A Common StockMOption exerciseDisposed−18,289$0.00$018,289Direct
Dec 13, 2024Class A Common StockMOption exerciseDisposed−74,530$0.00$0968,888Direct
Dec 16, 2024Class A Common StockMOption exerciseDisposed−17,001$0.00$0187,015Direct
Dec 16, 2024Class A Common StockMOption exerciseDisposed−16,667$0.00$01,606,402Direct
Dec 16, 2024Class A Common StockMOption exerciseDisposed−41,667$0.00$01,564,735Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

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

Referenced by the price of 1 transaction in Table I.

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 $28.68 - $29.03. 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.

Referenced by the price of 1 transaction in Table I.

F5

Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $28.51 - $29.50. 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.

Referenced by the price of 1 transaction in Table I.

F6

Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $29.505 - $30.22. 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.

Referenced by the price of 1 transaction in Table I.

F7

Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $28.50 - $29.12. 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.

Referenced by the price of 1 transaction in Table I.

F8

Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $28.51 - $29.21. 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.

Referenced by the price of 1 transaction in Table I.

F9

Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $30.00 - $30.72. 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.

Referenced by the price of 1 transaction in Table I.

F10

Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $31.58 - $32.56. 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.

Referenced by the price of 1 transaction in Table I.

F11

Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $32.58 - $32.77. 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.

Referenced by the price of 1 transaction in Table I.

F12

The Form 4 is being amended to add holdings that were omitted in error in the original filing. No transactions occurred in these holdings.

F13

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.

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 each Company Quarterly Vesting Date occurring on or after June 15, 2022.

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 March 15, 2021.

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

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.

F18

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.

Read the full filing on SEC EDGAR (opens in a new tab)