Hagerty McKeel 4
4 · Hagerty, Inc. · Filed Apr 5, 2022
Insider Transaction Report
Form 4
Hagerty, Inc.HGTY
Hagerty McKeel
DirectorChief Executive Officer
Transactions
- Award
Class A Common Stock
[F1]2022-04-01+926,784→ 926,784 total - Award
Class A Common Stock
[F2]2022-04-01+157,553→ 1,084,337 total - Award
Class A Common Stock
[F3]2022-04-01+52,518→ 1,136,855 total - Award
Class A Common Stock
[F4]2022-04-01+157,553→ 1,294,408 total - Award
Class A Common Stock
[F4]2022-04-01+185→ 1,294,593 total - Award
Performance Restricted Stock Units
[F5]2022-04-01+3,707,136→ 3,707,136 totalExercise: $0.00From: 2022-04-01Exp: 2029-04-01→ Class A Common Stock (3,707,136 underlying)
Footnotes (5)
- [F1]Respresents shares of Class A Common Stock of Hagerty, Inc. ("Class A Common Stock") underlying Restricted Stock Units ("RSUs") acquired by the Reporting Person under Hagerty, Inc.'s (the "Issuer") 2021 Equity Incentive Plan (the "Plan"). The RSUs vest in equal amounts on each annual-anniversary of the grant date ending April 1, 2029, subject to the Reporting Person's continued service with the Issuer, with exceptions for death, disability, or retirement.
- [F2]Respresents shares of Class A Common Stock underlying RSUs acquired by the Reporting Person under the Plan. The RSUs vest in equal amounts on each annual-anniversary of the grant date ending April 1, 2025, subject to the Reporting Person's continued service with the Issuer, with exceptions for death, disability, or retirement.
- [F3]Respresents shares of Class A Common Stock underlying RSUs acquired by the Reporting Person under the Plan. The RSUs vest on April 1, 2023, subject to the Reporting Person's continued service with the Issuer, with exceptions for death or disability.
- [F4]Respresents shares of Class A Common Stock underlying RSUs acquired by the Reporting Person under the Plan. The RSUs vest on April 1, 2024, subject to the Reporting Person's continued service with the Issuer, with exceptions for death or disability.
- [F5]Represents shares of Class A Common Stock underlying Performance Restricted Stock Units ("PRSUs") granted to the Reporting Person under the Plan. The PRSUs will vest, if at all, 25% upon the Class A Common Stock trading above $20.00 per share on the New York Stock Exchange ("NYSE") for sixty (60) consecutive days, 25% upon the Class A Common Stock trading above $25.00 per share on the NYSE for sixy (60) consecutive days, and 50% upon the Class A Common Stock trading above $30.00 per share on the NYSE for sixty (60) consecutive days, subject to the Reporting Person's continued service with the Issuer, with exceptions for death, disability, or retirement.
Signature
/s/ Barbara Matthews, SVP, General Counsel
and Secretary, by Power of Attorney|2022-04-05