Form 4 for HGTY Hagerty, Inc.

Accepted 2021-12-06 00:00:00 ET · period of report 2021-12-02 · accession 0001104659-21-146798 · 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
DI	2021-12-06	2021-12-02	HGTY	KAUFFMAN ROBERT I	Dir	J - Other	$0.00	+2.00M	2.00M	New	$0
D	2021-12-06	2021-12-02	HGTY	KAUFFMAN ROBERT I	Dir	M - OptEx	$0.00	+2.23M	2.23M	New	$0
D	2021-12-06	2021-12-02	HGTY	KAUFFMAN ROBERT I	Dir	M - OptEx	$0.00	-2.23M	0	-100%	$0

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	2021-12-02	J	A	2,000,000	$0.00	2,000,000	I Held by Aldel LLC	—	—	(F2) Held by Aldel LLC. Mr. Kauffman is the managing member of Aldel LLC and has voting and investment power over the shares of Class A Common Stock held by Aldel LLC.
2	Common	Class A Common Stock	2021-12-02	M	A	2,225,000	$0.00	2,225,000	D	—	—	(F4) Includes 2,200,000 shares held by Aldel Investors LLC. Mr. Kauffman is the manager of Aldel Investors LLC and has voting and investment power over the shares of Class A Common Stock held by Aldel Investors LLC.
3	Derivative	Class B Common Stock	2021-12-02	M	D	2,225,000	$0.00	0	D	— · — to —	2,225,000 Class A Common Stock	(F3) As described in Aldel Financial Inc.'s definitive proxy statement dated November 10, 2021 under the heading "Description of Securities of Aldel- Founder Shares," the shares of Class B common stock of the Issuer were automatically converted into shares of Class A common stock at the time of the registrant's initial business combination on a one-for-one basis.