Key facts
- This page summarizes STATE FARM MUTUAL AUTOMOBILE INSURANCE CO's Form 4 filing for Hagerty, Inc. (HGTY).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 10 Jul 2024, 17:36.
STATE FARM MUTUAL AUTOMOBILE INSURANCE CO - 05 Jul 2024 Form 4 Insider Report for Hagerty, Inc. (HGTY)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- HGTY
- Reported as of
- 05 Jul 2024
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 10 Jul 2024, 17:36:21 UTC
- Prior SEC filing
- 27 Jun 2024
- Next SEC filing
- 10 Jul 2024
- Source filing
- View source filing
- Reporting owner signature
- Mark Schwamberger, Senior Vice President, Treasurer and Chief Financial Officer
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
STATE FARM MUTUAL AUTOMOBILE INSURANCE CO filed Form 4 for Hagerty, Inc. (HGTY) on 10 Jul 2024.
Change
- Previous filing in this sequence was filed on 27 Jun 2024.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
HGTY
transaction
Class A Common Stock
Other
- Transaction value
- Shares
- +1,800,000
- Change %
- +3.3%
- Price
- Shares after
- 56,040,881
- Date
- 05 Jul 2024
- Ownership
- Direct
- Footnotes
- F1, F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
HGTY
transaction
Derivative
Warrants to purchase Class A Common Stock
Other
- Transaction value
- Shares
- -9,000,000
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 05 Jul 2024
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 9,000,000
- Exercise price
- $11.50
- Footnotes
- F1
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 2 footnotes
Footnote F1
The reported warrants were exchanged for shares of Class A Common Stock, at a rate of 0.20 shares of Class A Common Stock per warrant, pursuant to the terms of an exchange offer made by the Issuer that expired at one minute after 11:59 p.m., Eastern Time, on July 2, 2024.
Footnote F2
Includes 4,240,881 shares of Class A Common Stock that the Reporting Person has the right to acquire within 60 days upon conversion of 5,302,226 shares of Series A Preferred Stock that are held directly by the Reporting Person, at the current conversion rate.