Form 4 for RYAN RYAN SPECIALTY HOLDINGS, INC.
Accepted 2024-08-09 00:00:00 ET · period of report 2024-08-09 · accession 0001562180-24-006132 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-08-09 | 2024-08-09 | RYAN | TURNER TIMOTHY WILLIAM | Pres, Dir | C - Cnv Deriv | $0.00 | 0 | 2.01M | New | $0 |
| D | 2024-08-09 | 2024-08-09 | RYAN | TURNER TIMOTHY WILLIAM | Pres, Dir | S - Sale | $62.45 | -2.00M | 8,095 | -100% | -$124.90M |
| D | 2024-08-09 | 2024-08-09 | RYAN | TURNER TIMOTHY WILLIAM | Pres, Dir | C - Cnv Deriv | $0.00 | -2.00M | 2.16M | -48% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class B Common Stock | 2024-08-09 | C | D | 2,000,000 | $0.00 | 2,156,186 | D | — | — | (F1) Shares of Class B Common Stock, par value $0.001 per share, ("Class B Common Stock") do not represent economic interests in 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 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. |
| 2 | Common | Class A Common Stock | 2024-08-09 | C | A | 2,000,000 | $0.00 | 2,008,095 | D | — | — | |
| 3 | Common | Class A Common Stock | 2024-08-09 | S | D | 2,000,000 | $62.45 | 8,095 | D | — | — | (F3) The shares of Class A Common Stock were sold pursuant to a block trade transaction at a discount from the market price. |
| 4 | Derivative | Common Units | 2024-08-09 | C | D | 2,000,000 | $0.00 | 2,156,186 | D | $0.00 · — to — | 2,000,000 Class A Common Stock | (F4) Each Common Unit, together with a share of Class B Common Stock, may be converted by the holder into one share of Class A Common Stock at any time. The LLC Common Units do not expire. |