Markel Group Inc. - Jul 3, 2024 Form 4 Insider Report for Hagerty, Inc. (HGTY)

Role
10%+ Owner
Signature
/s/ Richard R. Grinnan, Senior Vice President, Chief Legal Officer and Secretary
Stock symbol
HGTY
Transactions as of
Jul 3, 2024
Transactions value $
$0
Form type
4
Date filed
7/8/2024, 04:36 PM
Previous filing
Jun 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HGTY Class A Common Stock Other +108K +3.6% 3.11M Jul 3, 2024 Direct F1

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 HGTY Warrants to purchase Class A Common Stock Other -540K -100% 0 Jul 3, 2024 Class A Common Stock 540K $11.50 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported warrants were exchanged for shares of Class A Common Stock, at a rate of 0.20 shares of Class A Common Stock per warrant, pursuant to the terms of an exchange offer made by the Issuer that expired at one minute after 11:59 p.m., Eastern Time, on July 2, 2024.