4//SEC Filing
TURNER TIMOTHY WILLIAM 4
Accession 0001562180-24-006132
CIK 0001849253other
Filed
Aug 8, 8:00 PM ET
Accepted
Aug 9, 4:31 PM ET
Size
11.6 KB
Accession
0001562180-24-006132
Insider Transaction Report
Form 4
TURNER TIMOTHY WILLIAM
DirectorChief Executive Officer
Transactions
- Conversion
Class B Common Stock
2024-08-09−2,000,000→ 2,156,186 total - Sale
Class A Common Stock
2024-08-09$62.45/sh−2,000,000$124,900,000→ 8,095 total - Conversion
Class A Common Stock
2024-08-09+2,000,000→ 2,008,095 total - Conversion
Common Units
2024-08-09−2,000,000→ 2,156,186 totalExercise: $0.00→ Class A Common Stock (2,000,000 underlying)
Footnotes (4)
- [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. Upon exchange of Common Units ("Common Units") of New Ryan Specialty, LLC that are held by the Reporting Person and reported in Table II hereof, for an equal number of shares of Class A Common Stock, par value $0.001 per share, ("Class A Common Stock") of the Issuer, an equal number of shares of the Issuer's Class B Common Stock will be cancelled for no consideration.
- [F2]These shares were sold by the Reporting Person primarily in connection with a negotiation of separation of assets in anticipation of a potential divorce settlement.
- [F3]The shares of Class A Common Stock were sold pursuant to a block trade transaction at a discount from the market price.
- [F4]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 0001870059
Filing Metadata
- Form type
- 4
- Filed
- Aug 8, 8:00 PM ET
- Accepted
- Aug 9, 4:31 PM ET
- Size
- 11.6 KB