Patrick McClymont - Apr 1, 2025 Form 4 Insider Report for Hagerty, Inc. (HGTY)

Role
Chief Financial Officer
Signature
/s/ Diana M. Chafey, Power of Attorney
Stock symbol
HGTY
Transactions as of
Apr 1, 2025
Transactions value $
-$132,400
Form type
4
Date filed
4/3/2025, 05:27 PM
Previous filing
Dec 19, 2024
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 Award $0 +62.9K +23.01% $0.00 336K Apr 1, 2025 Direct F1
transaction HGTY Class A Common Stock Tax liability -$150K -16.5K -4.9% $9.08 320K Apr 1, 2025 Direct F2
transaction HGTY Class A Common Stock Award $17.3K +2.01K +0.63% $8.63 322K Apr 2, 2025 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Class A Common Stock of Hagerty, Inc. ("Class A Common Stock") underlying restricted stock units ("RSUs") acquired by the Reporting Person under the Hagerty, Inc. (the "Issuer") 2021 Equity Incentive Plan (the "Plan"). The RSUs vest in equal amounts on each annual-anniversary of the grant date ending on April 1, 2028, subject to the Reporting Person's continued service with the Issuer, with exceptions for death, disability, or retirement terminations, or a change of control of the Issuer.
F2 Represents total number of shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of RSUs pursuant to various RSU award agreements.
F3 Shares acquired pursuant to the Hagerty, Inc. Employee Stock Purchase Plan ("ESPP") for the ESPP offering period of October 1, 2024 through March 31, 2025.
F4 In accordance with the ESPP, the per share price paid for these shares was an amount equal to 95% of the closing price of the Issuer's stock on April 1, 2025.