Irwin Gold - May 26, 2021 Form 4 Insider Report for HOULIHAN LOKEY, INC. (HLI)

Role
EXECUTIVE CHAIRMAN, Director, 10%+ Owner
Signature
/s/ J. Lindsey Alley, Attorney-in-Fact for Irwin N. Gold
Stock symbol
HLI
Transactions as of
May 26, 2021
Transactions value $
$0
Form type
4
Date filed
5/28/2021, 04:42 PM
Previous filing
May 18, 2021
Next filing
Jun 2, 2021

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 Award $0 +22.6K $0.00 22.6K May 26, 2021 CLASS A COMMON STOCK 22.6K Direct F1, F2
transaction HLI CLASS B COMMON STOCK Deposit into or withdrawal from voting trust $0 -22.6K -1.9% $0.00 1.17M May 26, 2021 CLASS A COMMON STOCK 22.6K BY HL VOTING TRUST F1, 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 On May 26, 2021, the Issuer granted 22,551 shares of Class B Common Stock to the reporting person pursuant to its 2016 Incentive Award Plan, which vest in four equal annual installments following the grant date.
F3 Represents shares of Class B Common Stock deposited into the HL Voting Trust (the "Voting Trust"). The reporting person is a trustee of the Voting Trust. The trustees of the Voting Trust have shared voting control over the shares deposited into the Voting Trust. The reporting person has a pecuniary interest in and investment control over the shares reported herein.