David A. Preiser - May 27, 2022 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
Stock symbol
HLI
Transactions as of
May 27, 2022
Transactions value $
$0
Form type
4
Date filed
5/31/2022, 05:05 PM
Previous filing
May 17, 2022
Next filing
Nov 22, 2022

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 +9.62K $0.00 9.62K May 27, 2022 CLASS A COMMON STOCK 9.62K Direct F1, F2
transaction HLI CLASS B COMMON STOCK Deposit into or withdrawal from voting trust $0 -9.62K -1.76% $0.00 536K May 27, 2022 CLASS A COMMON STOCK 9.62K 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 27, 2022, the Issuer granted 9,624 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 retains investment control and dispositive power over the shares deposited into the Voting Trust.