Todd J. Carter - May 22, 2025 Form 4 Insider Report for HOULIHAN LOKEY, INC. (HLI)

Role
Director
Signature
J. Lindsey Alley, Attorney-in-Fact for Todd J. Carter
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 19, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Carter Todd J Director C/O HOULIHAN LOKEY, INC, 10250 CONSTELLATION BLVD., 5TH FLOOR, LOS ANGELES J. Lindsey Alley, Attorney-in-Fact for Todd J. Carter 2025-05-23 0001679143

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 +2.65K $0.00 2.65K May 22, 2025 CLASS A COMMON STOCK 2.65K Direct F1, F2
transaction HLI CLASS B COMMON STOCK Deposit into or withdrawal from voting trust $0 -2.65K -2.86% $0.00 89.9K May 22, 2025 CLASS A COMMON STOCK 2.65K By HL Voting Trust F1, F3
* 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 Date (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 Class B Common Stock has no expiration date.
F2 On May 22, 2025, the Issuer granted 2,645 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 Represents shares of Class B Common Stock deposited into the HL Voting Trust (the "Voting Trust"). The reporting person retains investment control and dispositive power over the shares deposited into the Voting Trust.