Bigh, Llc - Mar 11, 2024 Form 4 Insider Report for BRP Group, Inc. (BRP)

Role
Member of 10% Owner Group, 10%+ Owner
Signature
/s/ Seth Cohen, as Attorney-in Fact, for Baldwin Insurance Group Holdings, LLC
Stock symbol
BRP
Transactions as of
Mar 11, 2024
Transactions value $
$0
Form type
4
Date filed
3/13/2024, 08:09 PM
Previous filing
Dec 1, 2023
Next filing
May 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRP Class B Common Stock Other $0 -2.12M -13.67% $0.00 13.4M Mar 11, 2024 Direct F1, F2
transaction BRP Class B Common Stock Other $0 -100K -0.75% $0.00 13.3M Mar 11, 2024 Direct F2, F3

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 Other $0 -2.12M -13.67% $0.00 13.4M Mar 11, 2024 Class A Common Stock 2.12M $0.00 Direct F1, F2, F4
transaction BRP LLC Units in Baldwin Risk Partners, LLC Other $0 -100K -0.75% $0.00 13.3M Mar 11, 2024 Class A Common Stock 100K $0.00 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities were distributed to a member of the reporting person in exchange for a corresponding reduction in such member's ownership of the reporting person.
F2 The reporting person disclaims beneficial ownership in these securities except to the extent of its pecuniary interest therein.
F3 In a transaction exempt from Section 16 pursuant to Rule 16a-13, the securities were distributed by the reporting person to the L. Lowry Baldwin Revocable Trust (the "Baldwin Revocable Trust"), of which L. Lowry Baldwin (who is the sole manager of the managing member of the reporting person and who is deemed to have beneficial ownership of the securities held by the reporting person to the extent of his pecuniary therein) is sole trustee, in exchange for a corresponding reduction in the Baldwin Revocable Trust's ownership of the reporting person.
F4 Each LLC Unit, together with a share of Class B common stock, may be exchanged by the holder into one share of Class A common stock at any time. The LLC Units do not expire.