4//SEC Filing
KATZ MARK STEPHEN 4
Accession 0001628280-24-051693
CIK 0001849253other
Filed
Dec 16, 7:00 PM ET
Accepted
Dec 17, 4:53 PM ET
Size
18.2 KB
Accession
0001628280-24-051693
Insider Transaction Report
Form 4
KATZ MARK STEPHEN
EVP & General Counsel
Transactions
- Conversion
Class A Common Stock
2024-12-13+2,614→ 15,000 total - Sale
Class A Common Stock
2024-12-16$66.57/sh−15,000$998,624→ 0 total - Sale
Class A Common Stock
2024-12-13$67.32/sh−15,000$1,009,833→ 0 total - Conversion
Class B Common Stock
2024-12-16−15,000→ 41,117 total - Conversion
Class B Common Stock
2024-12-13−2,614→ 56,117 total - Conversion
Class A Common Stock
2024-12-16+15,000→ 15,000 total - Conversion
Common Units
2024-12-13−2,614→ 56,117 total→ Class A Common Stock (2,614 underlying) - Conversion
Common Units
2024-12-16−15,000→ 41,117 total→ Class A Common Stock (15,000 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 Ryan Specialty Holdings, Inc. (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 (the "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 of the Issuer were sold in multiple transactions ranging from $66.78 to $67.71, 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 of the Issuer were sold in multiple transactions ranging from $66.29 to $67.15, 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]Pursuant to the Amended and Restated Limited Liability Company Agreement of the LLC, as amended, the Reporting Person may exchange all or a portion of such person's Common Units of the LLC (together with the delivery of an equal number of shares of Class B Common Stock of the Issuer) for shares of Class A Common Stock of the Issuer on a one-for-one basis, subject to customary adjustments, or, at the option of the Issuer, cash (based on the then-market value of the Class A Common Stock). The Common Units do not expire.
Documents
Issuer
RYAN SPECIALTY HOLDINGS, INC.
CIK 0001849253
Entity typeother
Related Parties
1- filerCIK 0001869960
Filing Metadata
- Form type
- 4
- Filed
- Dec 16, 7:00 PM ET
- Accepted
- Dec 17, 4:53 PM ET
- Size
- 18.2 KB