Laura Sherman - Dec 7, 2021 Form 4 Insider Report for BRP Group, Inc. (BRP)

Role: Member of 10% owner group
Signature: /s/ Bradford Hale as Attorney-in Fact, for Laura R. Sherman
Stock symbol: BRP
Transactions as of: Dec 7, 2021
Transactions value $: $0
Form type: 4
Date filed: 12/9/2021, 08:47 PM
Next filing: Jun 14, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BRP	Class B Common Stock	Other	$2.78M	+73.2K	+3.13%	$37.94	2.41M	Dec 7, 2021	Direct	F1
transaction	BRP	Class B Common Stock	Other	-$2.78M	-73.2K	-35.39%	$37.94	134K	Dec 7, 2021	By Trusts	F1, F3, F4
holding	BRP	Class B Common Stock						207K	Dec 7, 2021	By Trusts	F2, F3, F4
holding	BRP	Class B Common Stock						2.41M	Dec 7, 2021	Direct

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	BRP	LLC Units in Baldwin Risk Partners, LLC	Other	$2.78M	+73.2K	+3.13%	$37.94	2.41M	Dec 7, 2021	Class A Common Stock	73.2K	$0.00	Direct	F1, F5
transaction	BRP	LLC Units in Baldwin Risk Partners, LLC	Other	-$2.78M	-73.2K	-35.39%	$37.94	134K	Dec 7, 2021	Class A Common Stock	73.2K	$0.00	By Trusts	F1, F3, F4, F5
holding	BRP	LLC Units in Baldwin Risk Partners, LLC						207K	Dec 7, 2021	Class A Common Stock	207K	$0.00	By Trusts	F2, F3, F4, F5
holding	BRP	LLC Units in Baldwin Risk Partners, LLC						2.41M	Dec 7, 2021	Class A Common Stock	2.41M	$0.00	Direct	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On December 7, 2021, the reporting person withdrew 73,170 shares of BRP Class B Common Stock from an irrevocable trust established for the benefit of her beneficiaries. In exchange for the shares, the reporting person deposited shares of publicly traded stock that is not Issuer stock. The withdrawal of shares from the trust resulted in a decrease in the number of shares the reporting person beneficially owns indirectly through the trust and a corresponding increase in the number of shares the reporting person beneficially owns directly.
F2	Reflects shares beneficially owned by Trusts prior to taking into account the dispositions by Trusts reported herein.
F3	The reporting person disclaims beneficial ownership in these securities except to the extent of her pecuniary interest therein.
F4	Shares held by the Laura R. Sherman GRAT 2019-2 Dated September 30, 2019, Laura R. Sherman GRAT 2020-1 Dated September 30, 2020, and BNY Mellon, National Association, as Trustee of the Laura R. Sherman Irrevocable Trust of 2019-1.
F5	Each LLC Unit, together with one 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 Units do not expire.