MARKEL GROUP INC. - 03 Jul 2024 Form 4 Insider Report for Hagerty, Inc. (HGTY)

Role
10%+ Owner
Signature
/s/ Richard R. Grinnan, Senior Vice President, Chief Legal Officer and Secretary
Issuer symbol
HGTY
Transactions as of
03 Jul 2024
Net transactions value
$0
Form type
4
Filing time
08 Jul 2024, 16:36:10 UTC
Previous filing
27 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HGTY Class A Common Stock Other +108,000 +3.6% 3,108,000 03 Jul 2024 Direct F1

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 HGTY Warrants to purchase Class A Common Stock Other -540,000 -100% 0 03 Jul 2024 Class A Common Stock 540,000 $11.50 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.