Adelson Scott Joseph 4
4 · HOULIHAN LOKEY, INC. · Filed May 31, 2022
Insider Transaction Report
Form 4
Adelson Scott Joseph
DirectorCEO
Transactions
- Award
CLASS B COMMON STOCK
2022-05-27+50,502→ 50,502 total→ CLASS A COMMON STOCK (50,502 underlying) - Deposit Into/Withdrawal From Voting Trust
CLASS B COMMON STOCK
2022-05-27−50,502→ 890,690 total(indirect: By Trust)→ CLASS A COMMON STOCK (50,502 underlying)
Footnotes (3)
- [F1]Class B common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Date (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610)) concerning the Issuer's initial public offering. The Class B Common Stock has no expiration date.
- [F2]On May 27, 2022, the Issuer granted 50,502 shares of Class B Common Stock to the reporting person pursuant to its 2016 Incentive Award Plan, which vest in four equal annual installments following the grant date.
- [F3]The shares are held by the HL Voting Trust (the "Voting Trust"). The reporting person retains investment control and dispositive power over the shares deposited into the Voting Trust.