Scott L. Beiser - May 22, 2025 Form 4 Insider Report for HOULIHAN LOKEY, INC. (HLI)

Role
CO-CHAIRMAN, Director, 10%+ Owner
Signature
/s/ J. Lindsey Alley, Attorney-in-Fact for Scott L. Beiser
Stock symbol
HLI
Transactions as of
May 22, 2025
Transactions value $
$0
Form type
4
Date filed
5/23/2025, 04:30 PM
Previous filing
May 20, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
BEISER SCOTT L CO-CHAIRMAN, Director, 10%+ Owner C/O HOULIHAN LOKEY, INC., 10250 CONSTELLATION BLVD., 5TH FLOOR, LOS ANGELES /s/ J. Lindsey Alley, Attorney-in-Fact for Scott L. Beiser 2025-05-23 0001649212

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 HLI CLASS B COMMON STOCK Award $0 +2.96K $0.00 2.96K May 22, 2025 CLASS A COMMON STOCK 2.96K Direct F1, F2
transaction HLI CLASS B COMMON STOCK Award $0 +2.82K $0.00 2.82K May 22, 2025 CLASS A COMMON STOCK 2.82K Direct F1, F3
transaction HLI CLASS B COMMON STOCK Deposit into or withdrawal from voting trust $0 -5.78K -0.71% $0.00 808K May 22, 2025 CLASS A COMMON STOCK 5.78K BY HL VOTING TRUST F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Dates (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610) concerning the Issuer's initial public offering (the "Offering"). The Class B Common Stock has no expiration date.
F2 On May 22, 2025, the Issuer granted 2,959 shares of Class B Common Stock to the reporting person pursuant to its 2016 Incentive Award Plan, which vest in four equal annual installments following the grant date.
F3 On May 22, 2025, the Issuer granted 2,818 performance shares of Class B Common Stock to the reporting person pursuant to its 2016 Incentive Award Plan, which vest in four equal annual installments following the grant date if certain performance goals based upon revenue growth are achieved. If on vesting date such performance criteria are not achieved, the annual installment of shares will be forfeited
F4 Represents shares of Class B Common Stock deposited into the HL Voting Trust (the "Voting Trust"). The reporting person is a trustee of the Voting Trust. The trustees of the Voting Trust have shared voting control over the shares deposited into the Voting Trust. The reporting person has a pecuniary interest in and investment control over the shares reported herein.