Timothy William Turner - 17 May 2022 Form 4 Insider Report for RYAN SPECIALTY GROUP HOLDINGS, INC. (RYAN)

Role: President, Director
Signature: /s/ Mark Katz, as Attorney-in-Fact
Issuer symbol: RYAN
Transactions as of: 17 May 2022
Net transactions value: -$13,014,519
Form type: 4
Filing time: 18 May 2022, 18:13:26 UTC
Previous filing: 22 Mar 2022
Next filing: 07 Apr 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RYAN	Class B Common Stock	Conversion of derivative security	$0	-352,697	-6.8%	$0.000000	4,846,095	17 May 2022	Direct	F1
transaction	RYAN	Class A Common Stock	Conversion of derivative security	$0	+352,697		$0.000000	352,697	17 May 2022	Direct	F1
transaction	RYAN	Class A Common Stock	Sale	$13,014,519	-352,697	-100%	$36.90	0	18 May 2022	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	RYAN	Common Units	Conversion of derivative security	$0	-352,697	-6.8%	$0.000000	4,846,095	17 May 2022	Class A Common Stock	352,697	$0.000000	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	The Reporting Person disclaims beneficial ownership except to the extent of his pecuniary interest therein.
F2	Each Common Unit, together with the cancellation of 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.