Sarah C. Turner - 21 Oct 2022 Form 4 Insider Report for Manning & Napier, Inc.

Role: General Counsel and Corporate Secretary
Signature: Sarah C. Turner
Issuer symbol: N/A
Transactions as of: 21 Oct 2022
Net transactions value: -$1,392,606
Form type: 4
Filing time: 26 Oct 2022, 16:27:33 UTC
Previous filing: 07 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MN	Class A Common Stock, par value $0.01	Disposed to Issuer		-9,000	-7.7%		108,374	21 Oct 2022	Direct	F1
transaction	MN	Class A Common Stock, par value $0.01	Disposed to Issuer	$1,392,606	-108,374	-100%	$12.85	0	21 Oct 2022	Direct	F2, F3

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

Sarah C. Turner is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	Disposed of pursuant to the merger agreement ("Merger Agreement") between the issuer, Callodine Midco, Inc., Callodine MN Holdings, Inc. ("TopCo"), and their respective affiliates in exchange for shares of TopCo as determined according to the rollover agreement between TopCo and the reporting person dated October 20, 2022.
F2	Includes 16,484 shares of common stock of the issuer for which cash consideration was received. Also includes 91,890 restricted stock units that were convertible into the common stock of the issuer on a one-for-one basis, which were cancelled and replaced with an award of restricted stock units of TopCo.
F3	Price reflects per share consideration paid pursuant to the Merger Agreement.

Remarks:

General Counsel and Corporate Secretary