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
- 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.
- The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest therein.
- 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.
- 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.