Mary O'Loughlin - Nov 20, 2023 Form 4 Insider Report for HireRight Holdings Corp (HRT)

Role
EVP, North America
Signature
/s/ Brian Copple as Attorney-in-Fact, for Mary O'Loughlin
Stock symbol
HRT
Transactions as of
Nov 20, 2023
Transactions value $
-$106,212
Form type
4
Date filed
11/22/2023, 05:54 PM
Previous filing
Sep 22, 2023
Next filing
May 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HRT Common Stock Options Exercise $0 +3.03K +83.22% $0.00 6.66K Nov 20, 2023 Direct F1, F2
transaction HRT Common Stock Options Exercise $0 +13.1K +197.24% $0.00 19.8K Nov 20, 2023 Direct F2, F3
transaction HRT Common Stock Tax liability -$106K -8.02K -40.48% $13.25 11.8K Nov 20, 2023 Direct F2, F4

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 HRT Restricted Stock Unit (RSU) Options Exercise $0 -3.03K -4.53% $0.00 63.8K Nov 20, 2023 Common Stock 3.03K $0.00 Direct F1, F5
transaction HRT Restricted Stock Unit (RSU) Options Exercise $0 -13.1K -20.59% $0.00 50.7K Nov 20, 2023 Common Stock 13.1K $0.00 Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 12,105 restricted stock units (RSUs) were originally granted on October 28, 2021 under the Company's 2021 Omnibus Incentive Plan, of which 25% vested on each of November 20, 2022 and November 20, 2023 with the remaining 50% vesting 25% on each of November 20, 2024 and November 20, 2025, subject to continued employment through the vesting date.
F2 Includes shares issued upon vesting of Restricted Stock Units as well as shares purchased pursuant to the Issuer's Employee Stock Purchase Plan.
F3 39,421 restricted stock units (RSUs) were originally granted on November 7, 2022 under the Company's 2021 Omnibus Incentive Plan, of which the first installment vested on November 20, 2023, and the remainder will vest in two equal installments on each of November 20, 2024 and November 20, 2025, subject to continued employment through the vesting date.
F4 Represents shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligation in connection with the settlement of shares of common stock underlying the Reporting Person's restricted stock units which vested on November 20, 2023.
F5 Each restricted stock unit (RSU) represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.