DAVID A. PREISER - 15 May 2021 Form 4 Insider Report for HOULIHAN LOKEY, INC. (HLI)

Role
CO-PRESIDENT, Director
Signature
/s/ J. Lindsey Alley, Attorney-in-Fact for David A. Preiser
Issuer symbol
HLI
Transactions as of
15 May 2021
Net transactions value
-$288,230
Form type
4
Filing time
18 May 2021, 18:15:49 UTC
Next filing
28 May 2021
SEC
View on sec.gov

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 HLI CLASS B COMMON STOCK Tax liability $288,230 -3,895 -0.71% $74.00 546,596 15 May 2021 CLASS A COMMON STOCK 3,895 BY HL VOTING TRUST F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Class B common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Date (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610)) concerning the Issuer's initial public offering. The Class B Common Stock has no expiration date.
F2 Represents shares withheld to cover taxes upon the vesting of existing awards under the Issuer's 2016 Incentive Award Plan.
F3 The shares are held by the HL Voting Trust (the "Voting Trust"). The reporting person retains investment control and dispositive power over the shares deposited into the Voting Trust.