3//SEC Filing
Hagerty Holding Corp. 3
Accession 0001104659-21-149662
CIK 0001840776other
Filed
Dec 13, 7:00 PM ET
Accepted
Dec 14, 8:03 PM ET
Size
5.1 KB
Accession
0001104659-21-149662
Insider Transaction Report
Form 3
Hagerty, Inc.HGTY
Hagerty Holding Corp.
10% Owner
Holdings
Class V Common Stock
→ Class A Common Stock (176,033,906 underlying)
Footnotes (1)
- [F1]Each share of Class V Common Stock is paired with one unit of limited liability company interest of The Hagerty Group, LLC (each, an "OpCo Unit" and, together with each corresponding share of Class V Common Stock, a "Paired Interest"). Each Paired Interest has no expiration date and is exchangeable, at the option of the holder, on a one-for-one basis for a share of Class A Common Stock of the Issuer or, at the option of the Issuer, an equivalent value in cash, pursuant to the Exchange Agreement dated December 2, 2021, among the Reporting Person, The Hagerty Group, LLC, Hagerty Holding Corp. and the Issuer. Each share of Class V Common Stock has no incidents of economic ownership and has ten (10) votes per share until the earlier of (i) December 2, 2036, and (ii) transfer to a non-qualified transferee, after which it has one (1) vote per share.
Documents
Issuer
Hagerty, Inc.
CIK 0001840776
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001899295
Filing Metadata
- Form type
- 3
- Filed
- Dec 13, 7:00 PM ET
- Accepted
- Dec 14, 8:03 PM ET
- Size
- 5.1 KB