BICKHAM JEREMIAH RAWLINS 4
4 · RYAN SPECIALTY HOLDINGS, INC. · Filed Aug 15, 2024
Insider Transaction Report
Form 4
BICKHAM JEREMIAH RAWLINS
President
Transactions
- Conversion
Common Units
2024-08-13−50,000→ 229,508 total→ Class A Common Stock (50,000 underlying) - Sale
Class A Common Stock
2024-08-15$64.40/sh−23,767$1,530,614→ 1,078 total - Conversion
Class B Common Stock
2024-08-13−50,000→ 229,508 total - Conversion
Class A Common Stock
2024-08-13+50,000→ 51,078 total - Sale
Class A Common Stock
2024-08-14$65.18/sh−26,233$1,709,862→ 24,845 total
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]The price reported is a weighted average price. These shares of Class A Common Stock, par value $0.001, (the "Class A Common Stock") of Ryan Specialty Holdings, Inc. (the "Issuer") were sold in multiple transactions ranging from $65.00 to $65.60, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Class A Common Stock sold at each separate price in the ranges set forth in this footnote.
- [F3]The price reported is a weighted average price. These shares of Class A Common Stock, par value $0.001, (the "Class A Common Stock") of Ryan Specialty Holdings, Inc. (the "Issuer") were sold in multiple transactions ranging from $64.12 to $65.01 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Class A Common Stock sold at each separate price in the ranges set forth in this footnote.
- [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.