Brendan Martin Mulshine - Apr 1, 2024 Form 4 Insider Report for RYAN SPECIALTY HOLDINGS, INC. (RYAN)

Role
EVP & Chief Revenue Officer
Signature
/s/ Mark S. Katz, as Attorney-in-Fact
Stock symbol
RYAN
Transactions as of
Apr 1, 2024
Transactions value $
-$30,192
Form type
4
Date filed
4/2/2024, 04:55 PM
Previous filing
Jun 14, 2023
Next filing
Aug 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RYAN Class A Common Stock Options Exercise +1.23K 1.23K Apr 1, 2024 Direct F1
transaction RYAN Class A Common Stock Tax liability -$30.2K -544 -44.34% $55.50 683 Apr 1, 2024 Direct
holding RYAN Class A Common Stock 74.6K Apr 1, 2024 Held jointly by the reporting person and his spouse. 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 RYAN Restricted LLC Units Options Exercise $0 -1.23K -50.02% $0.00 1.23K Apr 1, 2024 Class A Common Stock 1.23K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Restricted LLC Units vested and, at the option of the Issuer, settled into shares of Class A Common Stock.
F2 The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest therein.
F3 On March 18, 2022, the Reporting Person was granted 3,680 Restricted LLC Units which vest in three equal installments on April 1, 2023, 2024, and 2025. Such grant was approved by the Board of the Issuer for purposes of Rule 16(b)(3). Each Restricted LLC Unit represents a contingent right to receive one Common Unit, or at the Issuer's option, one share of Class A Common Stock. The Common Units are exchangeable on a one-for-one basis for Class A Common Stock, subject to applicable adjustments.