Form 4: Hims & Hers Health CFO Exercises Stock Options

Oluyemi Okupe, CFO of Hims & Hers Health, exercised stock options to acquire 6,430 shares of Class A Common Stock at $5.01 per share on August 13, 2024.

Summary

• On August 13, 2024, Oluyemi Okupe, the Chief Financial Officer of Hims & Hers Health, Inc. (HIMS), exercised stock options.
• This transaction involved the acquisition of 6,430 shares of Class A Common Stock at a price of $5.01 per share.
• Following the transaction, Okupe directly owns 183,879 shares of Class A Common Stock.
• Okupe also holds options to purchase 843,483 shares of Class A Common Stock at an exercise price of $5.01.
• The options vest over time, with 25% vesting after one year from the Vesting Commencement Date of January 24, 2022, and the remainder vesting in equal monthly installments over the following 36 months, contingent upon continuous service.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, so the sentiment is neutral.

Positives

• The exercise of stock options by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider activity.

Key Dates