Form 4 for HIPO Hippo Holdings Inc.
Accepted 2021-08-04 00:00:00 ET · period of report 2021-08-04 · accession 0000899243-21-031699 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-08-04 | 2021-08-04 | HIPO | McCathron Richard | Pres, Dir | A - Grant | — | +3.01M | 3.01M | New | — |
| D | 2021-08-04 | 2021-08-04 | HIPO | McCathron Richard | Pres, Dir | D - Sale to Iss | — | -500.0K | 2.51M | -17% | — |
| DM | 2021-08-04 | 2021-08-04 | HIPO | McCathron Richard | Pres, Dir | A - Grant | — | +1.82M | 86.9K | New | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-08-04 | A | A | 3,008,506 | — | 3,008,506 | D | — | — | (F1) Pursuant to the business combination of Hippo Holdings Inc. (the "Issuer") and Hippo Enterprises Inc. ("Old Hippo"), each share of Old Hippo outstanding common stock was automatically converted into the right to shares of the Issuer's Common Stock based on a 1 to 6.95433 conversion ratio ("Conversion Ratio"). In addition, each outstanding Old Hippo equity award was automatically converted into a corresponding equity award of the Issuer based on the Conversion Ratio and with the same terms and vesting conditions as the Old Hippo equity awards. |
| 2 | Common | Common Stock | 2021-08-04 | D | D | 500,000 | — | 2,508,506 | D | — | — | (F2) Shares redeemed by the Issuer at a price per share of $10 in a transaction exempt pursuant to Rule 16b-3(e). |
| 3 | Derivative | Stock Option (Right to Buy) | 2021-08-04 | A | A | 695,433 | — | 695,433 | D | $1.06 · — to 2030-09-27 | 695,433 Common Stock | (F1) Pursuant to the business combination of Hippo Holdings Inc. (the "Issuer") and Hippo Enterprises Inc. ("Old Hippo"), each share of Old Hippo outstanding common stock was automatically converted into the right to shares of the Issuer's Common Stock based on a 1 to 6.95433 conversion ratio ("Conversion Ratio"). In addition, each outstanding Old Hippo equity award was automatically converted into a corresponding equity award of the Issuer based on the Conversion Ratio and with the same terms and vesting conditions as the Old Hippo equity awards. (F7) 1/48th of the shares underlying the option vest on each monthly anniversary measured from August 27, 2020, subject to the Reporting Person continuing to provide services to the Issuer through the applicable vesting date. |
| 4 | Derivative | Stock Option (Right to Buy) | 2021-08-04 | A | A | 163,594 | — | 163,594 | D | $0.16 · — to 2028-01-23 | 163,594 Common Stock | (F1) Pursuant to the business combination of Hippo Holdings Inc. (the "Issuer") and Hippo Enterprises Inc. ("Old Hippo"), each share of Old Hippo outstanding common stock was automatically converted into the right to shares of the Issuer's Common Stock based on a 1 to 6.95433 conversion ratio ("Conversion Ratio"). In addition, each outstanding Old Hippo equity award was automatically converted into a corresponding equity award of the Issuer based on the Conversion Ratio and with the same terms and vesting conditions as the Old Hippo equity awards. (F4) 1/16th of the shares underlying the option vest on each quarterly anniversary measured from January 23, 2018, subject to the Reporting Person continuing to provide services to the Issuer through the applicable vesting date. |
| 5 | Derivative | Stock Option (Right to Buy) | 2021-08-04 | A | A | 362,209 | — | 362,209 | D | $0.33 · — to 2029-01-22 | 362,209 Common Stock | (F1) Pursuant to the business combination of Hippo Holdings Inc. (the "Issuer") and Hippo Enterprises Inc. ("Old Hippo"), each share of Old Hippo outstanding common stock was automatically converted into the right to shares of the Issuer's Common Stock based on a 1 to 6.95433 conversion ratio ("Conversion Ratio"). In addition, each outstanding Old Hippo equity award was automatically converted into a corresponding equity award of the Issuer based on the Conversion Ratio and with the same terms and vesting conditions as the Old Hippo equity awards. (F5) 1/48th of the shares underlying the option vest on each monthly anniversary measured from January 23, 2019, subject to the Reporting Person continuing to provide services to the Issuer through the applicable vesting date. |
| 6 | Derivative | Stock Option (Right to Buy) | 2021-08-04 | A | A | 507,666 | — | 507,666 | D | $0.33 · — to 2029-05-14 | 507,666 Common Stock | (F1) Pursuant to the business combination of Hippo Holdings Inc. (the "Issuer") and Hippo Enterprises Inc. ("Old Hippo"), each share of Old Hippo outstanding common stock was automatically converted into the right to shares of the Issuer's Common Stock based on a 1 to 6.95433 conversion ratio ("Conversion Ratio"). In addition, each outstanding Old Hippo equity award was automatically converted into a corresponding equity award of the Issuer based on the Conversion Ratio and with the same terms and vesting conditions as the Old Hippo equity awards. (F6) 1/48th of the shares underlying the option vest on each monthly anniversary measured from May 13, 2019, subject to the Reporting Person continuing to provide services to the Issuer through the applicable vesting date. |
| 7 | Derivative | Stock Option (Right to Buy) | 2021-08-04 | A | A | 86,929 | — | 86,929 | D | $0.04 · — to 2027-02-28 | 86,929 Common Stock | (F1) Pursuant to the business combination of Hippo Holdings Inc. (the "Issuer") and Hippo Enterprises Inc. ("Old Hippo"), each share of Old Hippo outstanding common stock was automatically converted into the right to shares of the Issuer's Common Stock based on a 1 to 6.95433 conversion ratio ("Conversion Ratio"). In addition, each outstanding Old Hippo equity award was automatically converted into a corresponding equity award of the Issuer based on the Conversion Ratio and with the same terms and vesting conditions as the Old Hippo equity awards. (F3) This option is fully vested and exercisable. |