Christopher M. Crain - 08 Nov 2024 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
08 Nov 2024
Net transactions value
-$464,850
Form type
4
Filing time
12 Nov 2024, 17:28:02 UTC
Previous filing
05 Sep 2024
Next filing
19 May 2025
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 +2,500 $0.000000 2,500 08 Nov 2024 Direct F1
transaction HLI CLASS A COMMON STOCK Sale $464,850 -2,500 -100% $185.94 0 08 Nov 2024 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 -2,500 -100% $0.000000 0 08 Nov 2024 CLASS A COMMON STOCK 2,500 Direct F1
holding HLI CLASS B COMMON STOCK 51,725 08 Nov 2024 CLASS A COMMON STOCK 51,725 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 8, 2024 at prices ranging from $185.87 per share to $186.01 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.