Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
- Peter Lynch
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 3)*
HASHICORP, INC.
(Name of Issuer)
Class A Common Stock, $0.000015 par value per share
(Title of Class of Securities)
418100 103
(CUSIP Number)
September 30, 2024
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
| ☐ | Rule 13d-1(b) |
| ☐ | Rule 13d-1(c) |
| ☒ | Rule 13d-1(d) |
| * | The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. |
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
| CUSIP No. 418100 103 | Page 2 |
| 1 |
NAME OF REPORTING PERSON:
Mitchell Hashimoto
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY): | |||||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS): (a) ☐ (b) ☐
| |||||
| 3 | SEC USE ONLY:
| |||||
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION:
United States | |||||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 | SOLE VOTING POWER
0 | ||||
| 6 | SHARED VOTING POWER
6,955,172(1) | |||||
| 7 | SOLE DISPOSITIVE POWER
0 | |||||
| 8 | SHARED DISPOSITIVE POWER
6,955,172(1) | |||||
| 9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
6,955,172(1) | |||||
| 10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):
☐ | |||||
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):
4.3%(2) | |||||
| 12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):
IN | |||||
| (1) | Consists of (i) 6,424,294 shares of Class B common stock held of record by the 2018 Mitchell Hashimoto Separate Property Trust dated 10-30-18 for which Mitchell. Hashimoto (the “Reporting Person”) serves as trustee; (ii) 107,378 shares of Class A common stock and 125,000 shares of Class B common stock held of record by the Hashimoto Irrevocable Trust for which The Goldman Sachs Trust Company serves as trustee and (iii) 298,500 shares of Class A common stock held of record by the Hashimoto 2024 Gift Trust u/a/d 6/19/2024 for which The Goldman Sachs Trust Company serves as trustee. |
| (2) | The Percent of Class assumes conversion of all of the Reporting Person’s Class B common stock into Class A common stock, resulting in a total of 163,484,419 shares of Class A common stock outstanding (which reflects the sum of (x) 156,935,125 shares of Class A common stock outstanding as of August 23, 2024 and (y) 6,549,294 shares of Class A common stock issuable on conversion of the Reporting Person’s Class B common stock). Based on the total of 202,894,373 shares of the Issuer’s common stock outstanding as of August 23, 2024 (as reported in the Issuer’s Form 10-Q for the quarterly period ended July 31, 2024 filed with the Securities and Exchange Commission on August 29, 2024, and including 45,959,248 shares of Class B common stock), the Reporting Person beneficially owns 3.2% of the Issuer’s total outstanding common stock as of September 30, 2024. |
Item 1
| (a) | Name of Issuer: |
HashiCorp, Inc.
| (b) | Address of Issuer’s Principal Executive Offices: |
101 Second Street, Suite 700
San Francisco, California 94105
Item 2
| (a) | Name of Person Filing: |
Mitchell Hashimoto
| (b) | Address or principal business office or, if none, residence: |
The address for the principal business office of Mr. Hashimoto is:
c/o HashiCorp, Inc.
101 Second Street, Suite 700
San Francisco, California 94105
| (c) | Citizenship: |
United States
| (d) | Title and Class of Securities: |
Class A common stock, par value $0.000015 per share.
| (e) | CUSIP No.: |
418100 103
Item 3. If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a:
Not applicable.
Item 4. Ownership
| (a) | Amount beneficially owned: 6,955,172(1) |
| (b) | Percent of class: 4.3% (2) |
| (c) | Number of shares as to which the person has: |
| (i) | Sole power to direct the vote: 0 |
| (ii) | Shared power to direct the vote: 6,955,172(1) |
| (iii) | Sole power to dispose or to direct the disposition of: 0 |
| (iv) | Shared power to dispose or to direct the disposition of: 6,955,172(1) |
| (1) | Consists of (i) 6,424,294 shares of Class B common stock held of record by the 2018 Mitchell Hashimoto Separate Property Trust dated 10-30-18 for which Mitchell. Hashimoto (the “Reporting Person”) serves as trustee; (ii) 107,378 shares of Class A common stock and 125,000 sh ares of Class B common stock held of record by the Hashimoto Irrevocable Trust for which The Goldman Sachs Trust Company serves as trustee and (iii) 298,500 shares of Class A common stock held of record by the Hashimoto 2024 Gift Trust u/a/d 6/19/2024 for which The Goldman Sachs Trust Company serves as trustee. |
| (2) | The Percent of Class assumes conversion of all of the Reporting Person’s Class B common stock into Class A common stock, resulting in a total of 163,484,419 shares of Class A common stock outstanding (which reflects the sum of (x) 156,935,125 shares of Class A common stock outstanding as of August 23, 2024 and (y) 6,549,294 shares of Class A common stock issuable on conversion of the Reporting Person’s Class B common stock). Based on the total of 202,894,373 shares of the Issuer’s common stock outstanding as of August 23, 2024 (as reported in the Issuer’s Form 10-Q for the quarterly period ended July 31, 2024 filed with the Securities and Exchange Commission on August 29, 2024, and including 45,959,248 shares of Class B common stock), the Reporting Person beneficially owns 3.2% of the Issuer’s total outstanding common stock as of September 30, 2024. |
Item 5. Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following. [x].
Item 6. Ownership of More than 5 Percent on Behalf of Another Person
Not applicable.
Item 7. Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not applicable.
Item 8. Identification and Classification of Members of the Group
Not applicable.
Item 9. Notice of Dissolution of Group
Not applicable.
Item 10. Certifications
Not applicable.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Date: November 14, 2024
| /s/ Mitchell Hashimoto |
| Mitchell Hashimoto |