Robert I. Kauffman - Dec 16, 2022 Form 4 Insider Report for Hagerty, Inc. (HGTY)

Role
Director
Signature
/s/ Barbara Matthews, Attorney in Fact
Stock symbol
HGTY
Transactions as of
Dec 16, 2022
Transactions value $
$117,832
Form type
4
Date filed
12/20/2022, 03:45 PM
Previous filing
Dec 13, 2022
Next filing
Dec 23, 2022

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 HGTY Public Warrants Purchase $39.3K +19.6K +2.51% $2.00* 802K Dec 16, 2022 Class A Common Stock 19.6K $11.50 By Aldel LLC F1, F2
transaction HGTY Public Warrants Purchase $78.6K +39.3K +4.9% $2.00* 842K Dec 19, 2022 Class A Common Stock 39.3K $11.50 By Aldel LLC F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported purchase was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 19, 2022.
F2 Held by Aldel LLC. Mr. Kauffman is the manager of Aldel LLC and has voting and investment discretion with respect to the securities held of record by Aldel LLC. Mr. Kauffman disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.