Christopher M. Crain - 28 Feb 2023 Form 4 Insider Report for HOULIHAN LOKEY, INC. (HLI)

Role
GENERAL COUNSEL
Signature
/s/ J. Lindsey Alley, Attorney-in-Fact for Christopher M. Crain
Issuer symbol
HLI
Transactions as of
28 Feb 2023
Net transactions value
$0
Form type
4
Filing time
01 Mar 2023, 15:16:15 UTC
Previous filing
31 May 2022
Next filing
17 May 2023
SEC
View on sec.gov

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 +190 $0.000000 190 28 Feb 2023 Direct F1
transaction HLI CLASS A COMMON STOCK Gift $0 -190 -100% $0.000000* 0 28 Feb 2023 Direct F2

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 -190 -100% $0.000000* 0 28 Feb 2023 CLASS A COMMON STOCK 190 Direct F1
holding HLI CLASS B COMMON STOCK 57,980 28 Feb 2023 CLASS A COMMON STOCK 57,980 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 February 28, 2023, the reporting person made a charitable donation of 190 shares of Class B Common Stock. No value was received for the donated shares.
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.