BEISER SCOTT L 4
4 · HOULIHAN LOKEY, INC. · Filed May 28, 2024
Insider Transaction Report
Form 4
BEISER SCOTT L
DirectorCO-CHAIRMAN10% Owner
Transactions
- Deposit Into/Withdrawal From Voting Trust
CLASS B COMMON STOCK
2024-05-23−3,697→ 856,842 total(indirect: By Trust)→ CLASS A COMMON STOCK (3,697 underlying) - Award
CLASS B COMMON STOCK
2024-05-23+3,697→ 3,697 total→ CLASS A COMMON STOCK (3,697 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 23, 2024, the Issuer granted 3,697 performance 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 if certain performance goals based upon revenue growth are achieved. If on vesting date such performance criteria are not achieved, the annual installment of shares will be forfeited.
- [F3]Represents shares of Class B Common Stock deposited into the HL Voting Trust (the "Voting Trust"). The reporting person is a trustee of the Voting Trust. The trustees of the Voting Trust have shared voting control over the shares deposited into the Voting Trust. The reporting person has a pecuniary interest in and investment control over the shares reported herein.