Form 4/A for HIPO Hippo Holdings Inc.
Accepted 2021-08-20 00:00:00 ET · period of report 2021-08-04 · accession 0000899243-21-033791 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMAI | 2021-08-20 | 2021-08-04 | HIPO | Wand Assaf | See Remarks, Dir | D - Sale to Iss | — | -3.00M | 15.23M | -16% | — |
| DA | 2021-08-20 | 2021-08-04 | HIPO | Wand Assaf | See Remarks, Dir | A - Grant | — | +17.09M | 17.09M | New | — |
| DMAI | 2021-08-20 | 2021-08-04 | HIPO | Wand Assaf | See Remarks, Dir | A - Grant | — | +18.23M | 1.04M | New | — |
| DA | 2021-08-20 | 2021-08-04 | HIPO | Wand Assaf | See Remarks, Dir | A - Grant | — | +9.17M | 9.17M | 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 | D | D | 1,043,149 | — | 0 | I | — | — | (F5) Shares redeemed by the Issuer at a price per share of $10 in a transaction exempt pursuant to Rule 16b-3(e). |
| 2 | Common | Common Stock | 2021-08-04 | D | D | 1,956,851 | — | 15,232,867 | I See footnote | — | — | (F5) Shares redeemed by the Issuer at a price per share of $10 in a transaction exempt pursuant to Rule 16b-3(e). (F4) Shares held by The Wand Family Delaware Trust. |
| 3 | Common | Common Stock | 2021-08-04 | A | A | 17,087,948 | — | 17,087,948 | D See footnote | — | — | (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. (F2) The original Form 4 filed by the Reporting Person on 8/4/2021 contained administrative errors. This Form 4/A corrects the aforementioned errors and accurately reflects the Reporting Person's ownership. (F3) Shares held by Assaf and Liron Wand 2014 Revocable Trust. |
| 4 | Common | Common Stock | 2021-08-04 | A | A | 17,189,718 | — | 17,189,718 | I See footnote | — | — | (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) Shares held by The Wand Family Delaware Trust. |
| 5 | Common | Common Stock | 2021-08-04 | A | A | 1,043,149 | — | 1,043,149 | I See footnote | — | — | (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) Shares held by Assaf and Liron Wand 2014 Revocable Trust. |
| 6 | Derivative | Stock Option (Right to Buy) | 2021-08-04 | A | A | 9,172,033 | — | 9,172,033 | D | $0.81 · — to 2029-10-14 | 9,172,033 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) 25% of the shares underlying the option vest on the first anniversary measured from October 15, 2019, and 1/16th of the shares vest on each quarterly anniversary thereafter, subject to the Reporting Person continuing to provide services to the Issuer through the applicable vesting date. |