Rene M. Kern - Jun 28, 2024 Form 4 Insider Report for HireRight Holdings Corp (HRT)

Role: Director
Signature: /s/ Brian Copple as Attorney-in-Fact, for Rene M. Kern
Stock symbol: HRT
Transactions as of: Jun 28, 2024
Transactions value $: -$355,134
Form type: 4
Date filed: 6/28/2024, 11:34 AM
Previous filing: May 28, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HRT	Common Stock	Disposed to Issuer	-$355K	-24.7K	-100%	$14.35	0	Jun 28, 2024	See footnote	F1, F2

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

Rene M. Kern is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	This Form 4 reports securities disposed of under the Agreement and Plan of Merger, dated February 15, 2024, among HireRight Holdings Corporation (the "Company"), Hearts Parent, LLC and Hearts Merger Sub, Inc. ("Merger Sub"), under which Merger Sub was merged with and into the Company (the "Merger"), with the Company continuing as the surviving corporation in the Merger. At the effective time of the Merger, each issued and outstanding share of common stock of the Company ("Share") was cancelled and converted into the right to receive $14.35 in cash without interest thereon.
F2	These Shares issued upon vesting of Company restricted stock units ("Company RSUs") were held by Mr. Kern solely for the benefit of General Atlantic Service Company, L.P. Mr. Kern disclaimed beneficial ownership of the Shares issued upon vesting of the Company RSUs.

Content

This Form 4 reports securities disposed of under the Agreement and Plan of Merger, dated February 15, 2024, among HireRight Holdings Corporation (the "Company"), Hearts Parent, LLC and Hearts Merger Sub, Inc. ("Merger Sub"), under which Merger Sub was merged with and into the Company (the "Merger"), with the Company continuing as the surviving corporation in the Merger. At the effective time of the Merger, each issued and outstanding share of common stock of the Company ("Share") was cancelled and converted into the right to receive $14.35 in cash without interest thereon.

These Shares issued upon vesting of Company restricted stock units ("Company RSUs") were held by Mr. Kern solely for the benefit of General Atlantic Service Company, L.P. Mr. Kern disclaimed beneficial ownership of the Shares issued upon vesting of the Company RSUs.