Form 4 for HGTY Hagerty, Inc.

Accepted 2024-07-10 00:00:00 ET · period of report 2024-07-05 · accession 0000315032-24-000087 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
D	2024-07-10	2024-07-05	HGTY	STATE FARM MUTUAL AUTOMOBILE INSURANCE CO	10%	J - Other	—	+1.80M	56.04M	+3%	—
D	2024-07-10	2024-07-05	HGTY	STATE FARM MUTUAL AUTOMOBILE INSURANCE CO	10%	J - Other	—	-9.00M	0	-100%	—

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class A Common Stock	2024-07-05	J	A	1,800,000	—	56,040,881	D	—	—	(F1) The reported warrants were exchanged for shares of Class A Common Stock, at a rate of 0.20 shares of Class A Common Stock per warrant, pursuant to the terms of an exchange offer made by the Issuer that expired at one minute after 11:59 p.m., Eastern Time, on July 2, 2024. (F2) Includes 4,240,881 shares of Class A Common Stock that the Reporting Person has the right to acquire within 60 days upon conversion of 5,302,226 shares of Series A Preferred Stock that are held directly by the Reporting Person, at the current conversion rate.
2	Derivative	Warrants to purchase Class A Common Stock	2024-07-05	J	D	9,000,000	—	0	D	$11.50 · 2022-01-01 to 2026-12-02	9,000,000 Class A Common Stock	(F1) The reported warrants were exchanged for shares of Class A Common Stock, at a rate of 0.20 shares of Class A Common Stock per warrant, pursuant to the terms of an exchange offer made by the Issuer that expired at one minute after 11:59 p.m., Eastern Time, on July 2, 2024.