4//SEC Filing
VANACKER MICHAEL THOMAS 4
Accession 0001209191-23-017327
CIK 0001849253other
Filed
Mar 7, 7:00 PM ET
Accepted
Mar 8, 6:42 PM ET
Size
12.3 KB
Accession
0001209191-23-017327
Insider Transaction Report
Form 4
VANACKER MICHAEL THOMAS
See Remarks
Transactions
- Conversion
Common Units
2023-03-06−45,000→ 248,220 totalExercise: $0.00→ Class A Common Stock (45,000 underlying) - Conversion
Class A Common Stock
2023-03-06+45,000→ 45,000 total - Conversion
Class B Units
2023-03-06−45,000→ 248,220 total - Sale
Class A Common Stock
2023-03-06$40.75/sh−45,000$1,833,745→ 0 total
Footnotes (5)
- [F1]Shares of Class B Common Stock, par value $0.001 per share, ("Class B Common Stock") do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class B Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. Common Units ("Common Units") of New Ryan Specialty, LLC that that are held by the Reporting Person and reported in Table II hereof may be exchanged for an equal number of shares of Class A common Stock of the Issuer and an equal number of shares of the Issuer's Class B Common Stock will be cancelled for no consideration.
- [F2]This transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on 12/13/2022.
- [F3]The Reporting Person disclaims beneficial ownership except to the extent of their pecuniary interest therein.
- [F4]The price reported is a weighted average price. These shares of Class A Common Stock of Ryan Specialty Holdings, Inc. (the "Issuer") were sold in multiple transactions ranging from $40.60 to $40.89, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Common Stock sold at each separate price in the ranges set forth in this footnote.
- [F5]Each Common Unit, together with a share of Class B Common Stock, may be converted by the holder into one share of Class A Common Stock at any time. The LLC Common Units do not expire.
Documents
Issuer
RYAN SPECIALTY HOLDINGS, INC.
CIK 0001849253
Entity typeother
Related Parties
1- filerCIK 0001870074
Filing Metadata
- Form type
- 4
- Filed
- Mar 7, 7:00 PM ET
- Accepted
- Mar 8, 6:42 PM ET
- Size
- 12.3 KB