Trevor Baldwin - Aug 24, 2023 Form 4 Insider Report for BRP Group, Inc. (BRP)

Role: Chief Executive Officer, Director, Member of 10% owner group
Signature: /s/ Seth Cohen, as Attorney-in-Fact, for Trevor Baldwin
Stock symbol: BRP
Transactions as of: Aug 24, 2023
Transactions value $: -$6,037,550
Form type: 4
Date filed: 8/25/2023, 08:52 PM
Previous filing: Apr 4, 2023
Next filing: Mar 13, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BRP	Class B Common Stock	Conversion of derivative security	$0	-120K	-100%	$0.00^*	0	Aug 24, 2023	Direct
transaction	BRP	Class A Common Stock	Conversion of derivative security	$0	+120K	+79.67%	$0.00	271K	Aug 24, 2023	Direct
transaction	BRP	Class A Common Stock	Sale	-$6.04M	-238K	-87.87%	$25.35	32.9K	Aug 24, 2023	Direct	F1
holding	BRP	Class A Common Stock						13.1K	Aug 24, 2023	By TLB 2020 Trust

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	BRP	LLC Units in Baldwin Risk Partners, LLC	Conversion of derivative security	$0	-120K	-100%	$0.00^*	0	Aug 24, 2023	Class A Common Stock	120K	$0.00	Direct	F2

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

Explanation of Responses:

Id	Content
F1	The price reported is a weighted average price. The reported securities were sold in multiple transactions at prices ranging from $25.25 to $26.03. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
F2	Each LLC Unit, together with a share of Class B common stock, may be exchanged by the holder for one share of Class A common stock at any time. The LLC Units do not expire.

Content

The price reported is a weighted average price. The reported securities were sold in multiple transactions at prices ranging from $25.25 to $26.03. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.

Each LLC Unit, together with a share of Class B common stock, may be exchanged by the holder for one share of Class A common stock at any time. The LLC Units do not expire.