TURNER TIMOTHY WILLIAM 4
4 · RYAN SPECIALTY HOLDINGS, INC. · Filed Apr 7, 2023
Insider Transaction Report
Form 4
TURNER TIMOTHY WILLIAM
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Restricted LLC Units
2023-04-05−6,979→ 13,957 total→ Class A Common Stock (6,979 underlying) - Exercise/Conversion
Class A Common Stock
2023-04-05+6,979→ 6,979 total - Tax Payment
Class A Common Stock
2023-04-05$40.24/sh−2,921$117,541→ 4,058 total
Footnotes (2)
- [F1]The Restricted LLC Units vested and, at the option of the Issuer, settled into shares of Class A Common Stock.
- [F2]On March 18, 2022, the Reporting Person was granted 20,936 Restricted LLC Units which vest in three equal instalments on April 1, 2023, 2024, and 2025. Such grant was approved by the Board of the Issuer for purposes of Rule 16(b)(3). Each Restricted LLC Unit represents a contingent right to receive one Common Unit, or at the Issuer's option, one share of Class A Common Stock. The Common Units are exchangeable on a one-for-one basis for Class A Common Stock, subject to applicable adjustments.