Todd J. Carter - 31 May 2022 Form 3 Insider Report for HOULIHAN LOKEY, INC. (HLI)

Role
Director
Signature
/s/ Todd J. Carter
Issuer symbol
HLI
Transactions as of
31 May 2022
Net transactions value
$0
Form type
3
Filing time
02 Jun 2022, 13:35:24 UTC
Previous filing
09 Feb 2022
Next filing
21 Feb 2023
SEC
View on sec.gov

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
holding HLI CLASS B COMMON STOCK 31 May 2022 CLASS A COMMON STOCK 101,636 $0.000000 BY HL VOTING TRUST F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of Class B Common Stock are currently unvested and vest in substantially equal one-fourth installments on each of May 15, 2023, 2024, 2025 and 2026, subject to continued service through each applicable vesting date. Class B common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Date (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610)) concerning the Issuer's initial public offering. The Class B Common Stock has no expiration date.
F2 The shares are held by the HL Voting Trust (the "Voting Trust"). The trustees of the Voting Trust have shared voting control over the shares deposited into the Voting Trust. The reporting person has a pecuniary interest in and investment control over the shares reported herein.

Remarks:

Remarks: Exhibit List: Exhibit 24 - Power of Attorney.