Mulshine Brendan Martin's Form 4 filing
Ryan Specialty Holdings, Inc. (RYAN) · filed Jun 14, 2023
- Accession no.
- 0001209191-23-037080
- Filed
- Jun 14, 2023
- Trade date
- Jun 12-14, 2023
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 3 non-derivative transactions and 1 derivative transaction. Open-market sales total $1.07M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Mulshine Brendan MartinCIK 0001869959 | Officer (See Remarks) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 12, 2023 | Class A Common Stock | SSaleDisposed | −25,000 | $42.68F1 | −$1,067,000 | 49,592 | Indirect | |
| Jun 14, 2023 | Class B Common Stock | CConversionDisposed | −25,000 | $0.00F5 | $0 | 718,552 | Direct | |
| Jun 14, 2023 | Class A Common Stock | CConversionAcquired | +25,000 | $0.00F5 | $0 | 74,592 | Indirect |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 14, 2023 | Class A Common Stock | CConversionDisposed | −25,000 | –F5 | – | 718,552 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
The price reported is a weighted average price. These shares of Class A Common Stock, par value $0.001, (the "Class A Common Stock") of Ryan Specialty Holdings, Inc. (the "Issuer") were sold in multiple transactions ranging from $42.54 to $42.82, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Class A Common Stock sold at each separate price in the ranges set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F5
Upon exchange of Common Units ("Common Units") of New Ryan Specialty, LLC, held by the reporting person and reported in Table II hereof, for an equal number of shares of Class A Common Stock, an equal number of shares of the Issuer's Class B Common Stock will be cancelled for no consideration.
Referenced by the price of 2 transactions in Table I and 1 transaction in Table II.
Remarks
Executive Vice President and Chief Revenue Officer