Patrick G. Ryan - Jul 21, 2021 Form 4 Insider Report for RYAN SPECIALTY GROUP HOLDINGS, INC. (RYAN)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Mark Katz by Power of Attorney
Stock symbol
RYAN
Transactions as of
Jul 21, 2021
Transactions value $
-$465,724,258
Form type
4
Date filed
7/23/2021, 06:18 PM
Next filing
Nov 16, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RYAN Common Units [Obligation to Sell] Disposed to Issuer -$466M -20.9M -100% $22.33 0 Jul 21, 2021 Class A Common Stock 20.9M See Footnote F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Common Units of Ryan Specialty Group, LLC ("Common Units") sold to the Issuer pursuant to the Mandatory Participation described in the Issuer's preliminary prospectus filed on July 12, 2021 for cash in an amount equal to the Issuer's initial public offering price per share less underwriting discounts and commissions. Such sale was approved by the Board of the Issuer for purposes of Rule 16(b)(3).
F2 The Reporting Person disclaims beneficial ownership except to the extent of his pecuniary interest therein.
F3 Common Units are held in trusts and other entities for the benefit of the Reporting Person's family members and in a revocable investment entity for the benefit of employees of affiliates of the Issuer at the Reporting Person's discretion.