Lor Inc - Sep 11, 2023 Form 4 Insider Report for ROLLINS INC (ROL)

Role
10%+ Owner
Signature
/s/ LOR, Inc. By: W. Keith Wilkes, Jr., Assistant Vice President
Stock symbol
ROL
Transactions as of
Sep 11, 2023
Transactions value $
-$1,530,581,229
Form type
4
Date filed
9/11/2023, 04:30 PM
Previous filing
Nov 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ROL Rollins, Inc. Common Stock, $1 Par Value Sale -$1.53B -44.5M -21.29% $34.39 165M Sep 11, 2023 Direct F1, F2
holding ROL Rollins, Inc. Common Stock, $1 Par Value 3.95M Sep 11, 2023 Held indirectly through RCTLOR, LLC F2
holding ROL Rollins, Inc. Common Stock, $1 Par Value 745K Sep 11, 2023 Held indirectly through RFT Investment Company, LLC F2
holding ROL Rollins, Inc. Common Stock, $1 Par Value 2.24M Sep 11, 2023 Held indirectly through RFA Management Company, LLC F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were disposed of in connection with the underwritten secondary offering of shares, including as a result of the underwriters' exercise of an overallotment option, pursuant to the terms of an underwriting agreement dated September 6, 2023, entered into by the reporting person, Rollins, Inc. and Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC, as representatives of the several underwriters named therein.
F2 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 its pecuniary interest therein, and this report shall not be deemed an admission of such beneficial ownership.