J. Lindsey Alley - 30 Nov 2023 Form 4 Insider Report for HOULIHAN LOKEY, INC. (HLI)

Role
Chief Financial Officer
Signature
Lindsey Alley
Issuer symbol
HLI
Transactions as of
30 Nov 2023
Net transactions value
-$1,074,800
Form type
4
Filing time
30 Nov 2023, 17:40:57 UTC
Previous filing
25 May 2023
Next filing
17 May 2024
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 +10,000 $0.000000 10,000 30 Nov 2023 Direct F1
transaction HLI CLASS A COMMON STOCK Sale $1,074,800 -10,000 -100% $107.48 0 30 Nov 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 -10,000 -100% $0.000000* 0 30 Nov 2023 CLASS A COMMON STOCK 10,000 Direct F1
holding HLI CLASS B COMMON STOCK 76,874 30 Nov 2023 CLASS A COMMON STOCK 76,874 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 Per share price reflects the weighted average price in a series of open market sales on November 30, 2023 at prices ranging from $105.40 per share to $108.20 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.
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.