Laura Sherman - 07 Dec 2021 Form 4 Insider Report for BRP Group, Inc. (BRP)

Role
Member of 10% owner group
Signature
/s/ Bradford Hale as Attorney-in Fact, for Laura R. Sherman
Issuer symbol
BRP
Transactions as of
07 Dec 2021
Net transactions value
$0
Form type
4
Filing time
09 Dec 2021, 20:47:13 UTC
Next filing
14 Jun 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 Other $2,776,070 +73,170 +3.1% $37.94 2,407,297 07 Dec 2021 Direct F1
transaction BRP Class B Common Stock Other $2,776,070 -73,170 -35% $37.94 133,578 07 Dec 2021 By Trusts F1, F3, F4
holding BRP Class B Common Stock 206,748 07 Dec 2021 By Trusts F2, F3, F4
holding BRP Class B Common Stock 2,407,297 07 Dec 2021 Direct

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 Other $2,776,070 +73,170 +3.1% $37.94 2,407,297 07 Dec 2021 Class A Common Stock 73,170 $0.000000 Direct F1, F5
transaction BRP LLC Units in Baldwin Risk Partners, LLC Other $2,776,070 -73,170 -35% $37.94 133,578 07 Dec 2021 Class A Common Stock 73,170 $0.000000 By Trusts F1, F3, F4, F5
holding BRP LLC Units in Baldwin Risk Partners, LLC 206,748 07 Dec 2021 Class A Common Stock 206,748 $0.000000 By Trusts F2, F3, F4, F5
holding BRP LLC Units in Baldwin Risk Partners, LLC 2,407,297 07 Dec 2021 Class A Common Stock 2,407,297 $0.000000 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 7, 2021, the reporting person withdrew 73,170 shares of BRP Class B Common Stock from an irrevocable trust established for the benefit of her beneficiaries. In exchange for the shares, the reporting person deposited shares of publicly traded stock that is not Issuer stock. The withdrawal of shares from the trust resulted in a decrease in the number of shares the reporting person beneficially owns indirectly through the trust and a corresponding increase in the number of shares the reporting person beneficially owns directly.
F2 Reflects shares beneficially owned by Trusts prior to taking into account the dispositions by Trusts reported herein.
F3 The reporting person disclaims beneficial ownership in these securities except to the extent of her pecuniary interest therein.
F4 Shares held by the Laura R. Sherman GRAT 2019-2 Dated September 30, 2019, Laura R. Sherman GRAT 2020-1 Dated September 30, 2020, and BNY Mellon, National Association, as Trustee of the Laura R. Sherman Irrevocable Trust of 2019-1.
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.