Lowry Baldwin - 03 Dec 2021 Form 4 Insider Report for BRP Group, Inc. (BRP)

Role
Chairman, Director, Member of 10% owner group, 10%+ Owner
Signature
/s/ Bradford Hale as Attorney-in-Fact, for Lowry Baldwin
Issuer symbol
BRP
Transactions as of
03 Dec 2021
Transactions value $
-$5,684,231
Form type
4
Filing time
07 Dec 2021, 20:16:24 UTC
Previous filing
13 Feb 2023
Next filing
22 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRP Class B Common Stock Conversion of derivative security $0 -500,000 -3.04% $0 15,951,478 03 Dec 2021 By Trusts and Baldwin Insurance Group Holdings, LLC F1, F2
transaction BRP Class B Common Stock Sale $0 -70,000 -0.44% $0 15,881,478 03 Dec 2021 By Trusts and Baldwin Insurance Group Holdings, LLC F1, F2
transaction BRP Class B Common Stock Award $0 +458,000 $0 458,000 03 Dec 2021 By The Pop Pop Trust
transaction BRP Class A Common Stock Conversion of derivative security $0 +458,000 $0 458,000 03 Dec 2021 By The Pop Pop Trust
transaction BRP Class B Common Stock Award $0 +42,000 $0 42,000 03 Dec 2021 By The Honey Bee Family Trust
transaction BRP Class A Common Stock Conversion of derivative security $0 +42,000 $0 42,000 03 Dec 2021 By The Honey Bee Family Trust
transaction BRP Class A Common Stock Sale -$231,731 -6,201 -14.76% $37.37 35,799 03 Dec 2021 By The Honey Bee Family Trust F3
transaction BRP Class A Common Stock Sale -$1,301,293 -35,799 -100% $36.35 0 06 Dec 2021 By The Honey Bee Family Trust F4
transaction BRP Class A Common Stock Sale -$4,151,206 -114,201 -24.93% $36.35 343,799 06 Dec 2021 By The Pop Pop Trust 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 BRP LLC Units in Baldwin Risk Partners, LLC Conversion of derivative security $0 -500,000 -3.04% $0 15,951,478 03 Dec 2021 Class A Common Stock 500,000 $0 By Trusts and Baldwin Insurance Group Holdings, LLC F1, F2, F5
transaction BRP LLC Units in Baldwin Risk Partners, LLC Sale $0 -70,000 -0.44% $0 15,881,478 03 Dec 2021 Class A Common Stock 70,000 $0 By Trusts and Baldwin Insurance Group Holdings, LLC F1, F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person disclaims beneficial ownership in these securities except to the extent of his pecuniary interest therein.
F2 Shares held by The Honey Bee Family Trust and The Pop Pop Trust ("Trusts").
F3 The price reported is a weighted average price. The reported securities were sold in multiple transactions at prices ranging from $37.05 to $37.70. 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 sold at each separate price within such range.
F4 The reported securities were sold at a price of $36.35.
F5 Each LLC Unit, together with one share of Class B Common Stock, may be converted by the holder into one share of Class A Common Stock at any time. The LLC Units do not expire.