Filing Details

Accession Number:
0001209191-23-031897
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-05-24 16:57:59
Reporting Period:
2023-05-22
Accepted Time:
2023-05-24 16:57:59
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1849253 Ryan Specialty Holdings Inc. RYAN Insurance Agents, Brokers & Service (6411) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1870059 William Timothy Turner Two Prudential Plaza
180 N. Stetson Ave.
Chicago IL 60601
President Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class B Common Stock Disposition 2023-05-22 689,909 $0.00 4,156,186 No 4 C Direct
Class A Common Stock Acquisiton 2023-05-22 689,909 $0.00 693,967 No 4 C Direct
Class A Common Stock Disposition 2023-05-22 689,909 $43.45 4,058 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 C Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Common Units Disposition 2023-05-22 689,909 $0.00 689,909 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
4,156,186 No 4 C Direct
Footnotes
  1. Shares of Class B Common Stock, par value $0.001 per share, ("Class B Common Stock") do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class B Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. Upon exchange of Common Units ("Common Units") of New Ryan Specialty, LLC that are held by the Reporting Person and reported in Table II hereof, for an equal number of shares of Class A Common Stock, par value $0.001 per share, ("Class A Common Stock") of the Issuer, an equal number of shares of the Issuer's Class B Common Stock will be cancelled for no consideration.
  2. The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest therein.
  3. Represents the number of shares of Class A Common Stock to be sold pursuant to a registered block trade transaction in connection with an Underwriting Agreement, dated May 22, 2023, by and among the Company, the Selling Stockholder and the Underwriter, each as defined therein, that will close on May 25, 2023, subject to satisfaction of customary closing conditions.
  4. Each Common Unit, together with a share of Class B Common Stock, may be converted by the holder into one share of Class A Common Stock at any time. The LLC Common Units do not expire.