Mary Ann McGarry - 21 Oct 2022 Form 4 Insider Report for Guild Holdings Co (GHLD)

Role
CHIEF EXECUTIVE OFFICER, Director, 10%+ Owner
Signature
/s/ Lisa I. Klika, Attorney-in-Fact
Issuer symbol
GHLD
Transactions as of
21 Oct 2022
Net transactions value
-$80,965
Form type
4
Filing time
24 Oct 2022, 20:13:01 UTC
Previous filing
18 Apr 2022
Next filing
18 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GHLD Class A Common Stock, par value $0.01 per share Tax liability $80,965 -8,753 -3.9% $9.25 215,842 21 Oct 2022 Direct F1, F2
holding GHLD Class A Common Stock, par value $0.01 per share 4,380,740 21 Oct 2022 By McGarry Strategic Enterprises, LLC F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Class A Common Stock withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting of restricted stock units (including related dividend equivalent units), which vested on October 21, 2022.
F2 Includes (i) 107,831 RSUs vesting as to 35,945 units on October 21, 2023 and as to 71,886 units on October 21, 2024, and (ii) 80,819 RSUs vesting in substantially equal 1/3 installments beginning on April 15, 2023. The vesting of the RSUs is generally subject to the award recipient's continued employment through the applicable vesting date. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F3 4,380,740 shares of Class A Common Stock beneficially owned by Ms. McGarry through McGarry Strategic Enterprises, LLC, in which Ms. McGarry owns a 99% ownership interest. Ms. McGarry serves as the Manager of McGarry Strategic Enterprises, LLC and exercises voting and investment control over the securities held by that entity.