Irwin Gold - Jun 16, 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
Jun 16, 2021
Transactions value $
-$80,080
Form type
4
Date filed
6/17/2021, 05:04 PM
Previous filing
Jun 2, 2021
Next filing
Jun 29, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HLI CLASS A COMMON STOCK Conversion of derivative security $0 +1K $0.00 1K Jun 16, 2021 Direct F1
transaction HLI CLASS A COMMON STOCK Sale -$80.1K -1K -100% $80.08 0 Jun 16, 2021 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 HLI CLASS B COMMON STOCK Conversion of derivative security $0 -1K -100% $0.00* 0 Jun 16, 2021 CLASS A COMMON STOCK 1K Direct F1
holding HLI CLASS B COMMON STOCK 1.16M Jun 16, 2021 CLASS A COMMON STOCK 1.16M BY HL VOTING TRUST F1, F4
* 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 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 30, 2020.
F3 Per share price reflects the weighted average price in a series of open market sales on June 16, 2021 at prices ranging from $80.00 per share to $80.18 per share. The reporting person undertakes to provide to Houlihan Lokey, Inc., and security holder of Houlihan Lokey, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range identified in this footnote.
F4 The reporting person is a trustee of the HL Voting Trust (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.