Brian Copple - May 20, 2024 Form 4 Insider Report for HireRight Holdings Corp (HRT)

Role
Gen Counsel & Secretary
Signature
/s/ Brian Copple
Stock symbol
HRT
Transactions as of
May 20, 2024
Transactions value $
-$65,485
Form type
4
Date filed
5/22/2024, 02:54 PM
Previous filing
Mar 14, 2024
Next filing
Jun 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HRT Common Stock Options Exercise $0 +10.3K +65.93% $0.00 26K May 20, 2024 Direct F1, F2
transaction HRT Common Stock Tax liability -$65.5K -4.57K -17.6% $14.32 21.4K May 20, 2024 Direct F2, F3

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 -10.3K -4.51% $0.00 218K May 20, 2024 Common Stock 10.3K $0.00 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 41,284 RSUs were originally granted on March 20, 2023 under the Company's 2021 Omnibus Incentive Plan, which generally vests 25% on each of May 20, 2024, May 20, 2025, May 20, 2026 and May 20, 2027, 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 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 May 20, 2024.
F4 Each restricted stock unit (RSU) represented the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.