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

Reporting relationship: Chief Executive Officer, Director, 10%+ Owner
Issuer ticker: RYAN
Reported as of: 21 Jul 2021
Net transaction value: -$465,724,258
SEC form: 4
Accepted by SEC: 23 Jul 2021, 18:18:56 UTC
Next SEC filing: 16 Nov 2022
Source filing: View source filing
Reporting owner signature: /s/ Mark Katz by Power of Attorney

Key filing fact

Patrick G. Ryan filed Form 4 for RYAN SPECIALTY GROUP HOLDINGS, INC. (RYAN) on 23 Jul 2021.

Key facts

This page summarizes Patrick G. Ryan's Form 4 filing for RYAN SPECIALTY GROUP HOLDINGS, INC. (RYAN).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 23 Jul 2021, 18:18.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: -$465,724,258.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

RYAN transaction Derivative

Common Units [Obligation to Sell]

Disposed to Issuer

Transaction value: $465,724,258
Shares: -20,861,109
Change %: -100%
Price: $22.32
Shares after: 0
Date: 21 Jul 2021
Ownership: See Footnote
Underlying class: Class A Common Stock
Underlying amount: 20,861,109
Exercise price
Footnotes: F1, F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote 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).

Footnote F2

The Reporting Person disclaims beneficial ownership except to the extent of his pecuniary interest therein.

Footnote 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.