Deer X & Co. L.P. 4
4 · Hinge Health, Inc. · Filed May 27, 2025
Insider Transaction Report
Form 4
Bessemer Venture Partners X L.P.
10% Owner
Transactions
- Other
Class B Common Stock
2025-05-23+4,833,773→ 4,833,773 total(indirect: See footnotes)→ Class A Common Stock (4,833,773 underlying) - Conversion
Class A Common Stock
2025-05-23+725,066→ 725,066 total(indirect: See footnotes) - Sale
Class A Common Stock
2025-05-23$32.00/sh−725,066$23,202,112→ 0 total(indirect: See footnotes) - Other
Series C Preferred Stock
2025-05-23−4,511,338→ 0 total(indirect: See footnotes)→ Class B Common Stock (4,511,338 underlying) - Other
Series D Preferred Stock
2025-05-23−322,435→ 0 total(indirect: See footnotes)→ Class B Common Stock (322,435 underlying) - Conversion
Class B Common Stock
2025-05-23−725,066→ 4,108,707 total(indirect: See footnotes)→ Class A Common Stock (725,066 underlying)
Footnotes (3)
- [F1]Immediately prior to the closing of the Issuer's initial public offering, each share of preferred stock of the Issuer, except for the Series E Preferred Stock, automatically converted and was reclassified into one share of Class B Common Stock. Each share of Class B Common Stock will be convertible at any time at the option of the holder into one share of Class A Common Stock. The Class B Common Stock will automatically convert into shares of Class A Common Stock upon the occurrence of certain events as described further in the Issuer's amended and restated certificate of incorporation.
- [F2]Deer X & Co. Ltd. is the general partner of Deer X & Co. L.P., which is the general partner of each of Bessemer Venture Partners X L.P. ("Bessemer X") and Bessemer Venture Partners X Institutional L.P. ("Bessemer X International," and together with Bessemer X, the "Bessemer Entities"). As a result, each of Deer X & Co. Ltd. and Deer X & Co. L.P. may be deemed to share beneficial ownership of the securities held by the Bessemer Entities.
- [F3]Following the transactions reported in this Form 4, the Reporting Persons beneficially own (i) 2,119,271 shares of Class B Common Stock held by Bessemer X and (ii) 1,989,436 shares of Class B Common Stock held by Bessemer X International.