Bhattacharyya Ambar 4

Accession 0000899243-21-032274

CIK 0001773751other

Filed

Aug 8, 8:00 PM ET

Accepted

Aug 9, 9:00 PM ET

Size

16.5 KB

Accession

0000899243-21-032274

Form 4

Period: 2021-08-06

Director

Transactions

Tax Payment
Class A Common Stock
2021-08-06−4,501→ 1,100,241 total(indirect: Held by Maverick Ventures Investment Fund, L.P.)
Exercise/Conversion
Warrant (right to buy)
2021-08-06−6,140→ 0 total(indirect: Held by Maverick Ventures Investment Fund, L.P.)
Exercise: $11.50From: 2021-01-20Exp: 2026-01-20→ Class A Common Stock (6,140 underlying)
Exercise/Conversion
Class A Common Stock
2021-08-06$11.50/sh+6,140$70,610→ 1,104,742 total(indirect: Held by Maverick Ventures Investment Fund, L.P.)
Exercise/Conversion
Warrant (right to buy)
2021-08-06−3,412→ 0 total(indirect: Held by Maverick Advisors Fund, L.P.)
Exercise: $11.50From: 2021-01-20Exp: 2026-01-20→ Class A Common Stock (3,412 underlying)
Exercise/Conversion
Class A Common Stock
2021-08-06$11.50/sh+3,412$39,238→ 613,902 total(indirect: Held by Maverick Advisors Fund, L.P.)
Tax Payment
Class A Common Stock
2021-08-06−2,501→ 611,401 total(indirect: Held by Maverick Advisors Fund, L.P.)

Footnotes (3)

[F1]Maverick Advisors Fund, L.P. ("MAF LP") and Maverick Ventures Investment Fund, L.P. ("MVIF LP") exercised warrants to purchase shares of the Issuer's Class A Common Stock on July 28, 2021. The warrants were exercised on a cashless basis pursuant to Section 6.2 of that certain Warrant Agreement, by and between the Issuer and Continental Stock Transfer & Trust, dated, July 22, 2019 (the "Warrant Agreement"), following the Issuer's Notice of Redemption dated July 9, 2021. In the cashless exercise, under the terms of the Warrant Agreement, MAF LP and MVIF LP received 0.267 shares per warrant exercised and the Issuer withheld 0.733 shares per warrant exercised. The exercise of the warrants, the withholding of shares of Class A Common Stock in the cashless exercises and the resulting issuance of the net shares of Class A Common Stock were exempt under Rule 16b-3 of the Securities Exchange Act of 1934, as amended.
[F2]Represents shares of Class A Common Stock withheld in connection with the cashless exercises.
[F3]The Reporting Person is a Member of Maverick Capital Ventures, LLC ("Maverick Ventures"), the general partner of MAF LP and MVIF LP. The Reporting Person disclaims beneficial ownership of the securities held by MAF LP and MVIF LP and this report shall not be deemed an admission that he is the beneficial owner of such securities, except to the extent of his indirect pecuniary interest therein, if any, by virtue of his interest in Maverick Ventures.

Documents

1 file

Hims & Hers Health, Inc.

CIK 0001773751

Entity typeother