SWANSON WILLIAM H 4
4 · Hagerty, Inc. · Filed Jul 8, 2024
Insider Transaction Report
Form 4
Hagerty, Inc.HGTY
SWANSON WILLIAM H
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2024-07-03+14,400→ 414,400 total(indirect: By Trust) - Exercise/Conversion
Warrants
2024-07-03−72,000→ 0 total(indirect: By Trust)→ Class A Common Stock (72,000 underlying)
Holdings
- 28,474
Class A Common Stock
Footnotes (3)
- [F1]The disposition of the warrants and the acquisition of Class A common stock, par value $0.0001 per share, of the Issuer ("Class A Common Stock") by The William and Cheryl Swanson Revocable Trust UTD 9/28/2000 (the "Trust") were approved by a committee comprised entirely of non-employee directors as defined in Rule 16b-3(b)(3) under the Securities Exchange Act of 1934, as amended.
- [F2]On July 3, 2024, pursuant to the Issuer's previously announced exchange offer, the Trust exchanged 72,000 warrants, which previously entitled the Trust to purchase one share of Class A Common Stock at a price of $11.50 per share, for 14,400 shares of Class A Common Stock.
- [F3]These securities are held by the Trust, of which the Reporting Person is trustee.