ALLEY J LINDSEY 4
4 · HOULIHAN LOKEY, INC. · Filed May 28, 2024
Insider Transaction Report
Form 4
ALLEY J LINDSEY
Chief Financial Officer
Transactions
- Award
CLASS B COMMON STOCK
2024-05-23+1,848→ 1,848 total→ CLASS A COMMON STOCK (1,848 underlying) - Deposit Into/Withdrawal From Voting Trust
CLASS B COMMON STOCK
2024-05-23−1,848→ 79,617 total(indirect: By Trust)→ CLASS A COMMON STOCK (1,848 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 1,848 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 retains investment control and dispositive power over the shares deposited into the Voting Trust.