Gary W. Rollins - Aug 12, 2022 Form 4 Insider Report for ROLLINS INC (ROL)

Signature
/s/ Callum Macgregor as attorney-in-fact for Gary W. Rollins
Stock symbol
ROL
Transactions as of
Aug 12, 2022
Transactions value $
-$21,292,643
Form type
4
Date filed
8/16/2022, 05:36 PM
Previous filing
Aug 12, 2022
Next filing
Aug 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ROL Common Stock, $1 Par Value Other $0 -77.2K -100% $0.00* 0 Aug 12, 2022 Held indirectly through LOR Investment Company, LLC F1
transaction ROL Common Stock, $1 Par Value Other $0 +77K +0.04% $0.00 220M Aug 12, 2022 Held indirectly through LOR, Inc. F2, F4
transaction ROL Common Stock, $1 Par Value Sale -$12.1M -330K -0.15% $36.84 219M Aug 12, 2022 Held indirectly through LOR, Inc. F4, F5
transaction ROL Common Stock, $1 Par Value Sale -$9.14M -248K -0.11% $36.87 219M Aug 15, 2022 Held indirectly through LOR, Inc. F4, F6
holding ROL Common Stock, $1 Par Value 5.68M Aug 12, 2022 Direct F3
holding ROL Common Stock, $1 Par Value 745K Aug 12, 2022 Held indirectly through RFT Investment Company, LLC F4
holding ROL Common Stock, $1 Par Value 2.24M Aug 12, 2022 Held indirectly through RFA Management Company, LLC F4
holding ROL Common Stock, $1 Par Value 24.8K Aug 12, 2022 By Spouse F4
holding ROL Common Stock, $1 Par Value 9.23M Aug 12, 2022 Held indirectly through Rollins Holding Company, Inc. F4
holding ROL Common Stock, $1 Par Value 3.95M Aug 12, 2022 Held indirectly through RCTLOR, LLC F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 12, 2022, LOR Investment Company, LLC made an in kind pro-rata distribution of 77,223 shares of Rollins, Inc. common stock to its members for no consideration. In prior reports, the reporting person reported beneficial ownership of all 77,223 shares held by LOR Investment Company, LLC as held indirectly by the reporting person.
F2 On August 12, 2022, LOR, Inc. received 77,033 shares as an in kind distribution from LOR Investment Company, LLC.
F3 Includes 21,539 shares of 401(k) stock, 121,394 shares of Purchase Plan shares, and 475,200 of restricted shares.
F4 The reporting person disclaims for the purpose of Section 16 of the Securities and Exchange Act of 1934 the beneficial ownership of such securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission of such beneficial ownership.
F5 The price reported in column 4 is a weighted average price. These shares were sold in multiple transaction prices ranging from $36.45 to $37.08 inclusive. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
F6 The price reported in column 4 is a weighted average price. These shares were sold in multiple transaction prices ranging from $36.52 to $37.05 inclusive. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.