LOR INC - 11 Sep 2023 Form 4 Insider Report for ROLLINS INC (ROL)

Role
10%+ Owner
Signature
/s/ LOR, Inc. By: W. Keith Wilkes, Jr., Assistant Vice President
Issuer symbol
ROL
Transactions as of
11 Sep 2023
Net transactions value
-$1,530,581,229
Form type
4
Filing time
11 Sep 2023, 17:30:27 UTC
Previous filing
23 Nov 2022
Next filing
12 Nov 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ROL Rollins, Inc. Common Stock, $1 Par Value Sale $1,530,581,229 -44,509,814 -21% $34.39 164,581,449 11 Sep 2023 Direct F1, F2
holding ROL Rollins, Inc. Common Stock, $1 Par Value 3,945,035 11 Sep 2023 Held indirectly through RCTLOR, LLC F2
holding ROL Rollins, Inc. Common Stock, $1 Par Value 744,963 11 Sep 2023 Held indirectly through RFT Investment Company, LLC F2
holding ROL Rollins, Inc. Common Stock, $1 Par Value 2,235,811 11 Sep 2023 Held indirectly through RFA Management Company, LLC F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were disposed of in connection with the underwritten secondary offering of shares, including as a result of the underwriters' exercise of an overallotment option, pursuant to the terms of an underwriting agreement dated September 6, 2023, entered into by the reporting person, Rollins, Inc. and Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC, as representatives of the several underwriters named therein.
F2 The reporting person disclaims for the purpose of Section 16 of the Securities and Exchange Act of 1934 the beneficial ownership of such securities except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission of such beneficial ownership.