J. Lindsey Alley - May 26, 2021 Form 4 Insider Report for HOULIHAN LOKEY, INC. (HLI)

Role
Chief Financial Officer
Signature
J. Lindsey Alley
Stock symbol
HLI
Transactions as of
May 26, 2021
Transactions value $
$0
Form type
4
Date filed
5/28/2021, 04:47 PM
Previous filing
May 18, 2021
Next filing
Nov 4, 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 +3.87K $0.00 3.87K May 26, 2021 CLASS A COMMON STOCK 3.87K Direct F1, F2
transaction HLI CLASS B COMMON STOCK Deposit into or withdrawal from voting trust $0 -3.87K -4.23% $0.00 87.5K May 26, 2021 CLASS A COMMON STOCK 3.87K 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 3,866 shares of Class B Common Stock to the reporting person pursuant to its 2016 Incentive Award Plan, of which 1,024 shares were fully vested upon grant and 2,842 shares 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 retains investment control and dispositive power over the shares deposited into the Voting Trust.