IRWIN GOLD - 22 May 2025 Form 4 Insider Report for HOULIHAN LOKEY, INC. (HLI)

Role
CO-CHAIRMAN, Director, 10%+ Owner
Signature
/s/ J. Lindsey Alley, Attorney-in-Fact for Irwin N. Gold
Issuer symbol
HLI
Transactions as of
22 May 2025
Net transactions value
$0
Form type
4
Filing time
23 May 2025, 16:29:59 UTC
Previous filing
19 May 2025
Next filing
26 Jun 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
GOLD IRWIN CO-CHAIRMAN, Director, 10%+ Owner C/O HOULIHAN LOKEY, INC., 10250 CONSTELLATION BLVD., 5TH FLOOR, LOS ANGELES /s/ J. Lindsey Alley, Attorney-in-Fact for Irwin N. Gold 23 May 2025 0001122672

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 +1,972 $0.000000 1,972 22 May 2025 CLASS A COMMON STOCK 1,972 Direct F1, F2
transaction HLI CLASS B COMMON STOCK Award $0 +2,818 $0.000000 2,818 22 May 2025 CLASS A COMMON STOCK 2,818 Direct F1, F3
transaction HLI CLASS B COMMON STOCK Deposit into or withdrawal from voting trust $0 -4,790 -0.44% $0.000000 1,088,196 22 May 2025 CLASS A COMMON STOCK 4,790 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 On May 22, 2025, the Issuer granted 1,972 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 On May 22, 2025, the Issuer granted 2,818 performance 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 if certain performance goals based upon revenue growth are achieved. If on vesting date such performance criteria are not achieved, the annual installment of shares will be forfeited.
F4 Represents shares of Class B Common Stock deposited into the HL Voting Trust (the "Voting Trust"). The reporting person is a trustee of 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.