Samuel Hikspoors - Jun 7, 2023 Form 3 Insider Report for Beneficient (BENF)

Role
Chief Risk Officer
Signature
/s/ David B. Rost, Attorney-in-fact for Samuel Hikspoors
Stock symbol
BENF
Transactions as of
Jun 7, 2023
Transactions value $
$0
Form type
3
Date filed
6/7/2023, 09:13 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BENF Class A Common Stock 92.5K Jun 7, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 81,250 shares of Class A common stock, par value $0.001 ("Class A common stock"), of Beneficient (the "Issuer") issuable upon the settlement of an award of 65,000 restricted equity units ("REUs") granted pursuant to The Beneficient Company Group, L.P. 2018 Equity Incentive Plan ("2018 Equity Incentive Plan") to Samuel Hikspoors (the "Reporting Person") on January 1, 2020. Such award of REUs to the Reporting Person vested 20% on the date of grant, and the remaining 80% in four equal annual installments on February 19th of each subsequent calendar year.
F2 Includes 11,250 shares of Class A common stock issuable upon settlement of an award of 9,000 REUs to the Reporting Person granted pursuant to the 2018 Equity Incentive Plan on April 1, 2022. Such award of REUs to the Reporting Person shall vest 40% on June 8, 2023, and the remaining 60% in three equal annual installments on April 1st of each subsequent calendar year.

Remarks:

Exhibit 24: Power of Attorney