Baldwin Insurance Group, Inc. — Director's Dealing 2021

Dec 9, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BRP Group, Inc. (BRP)
CIK: 0001781755
Period of Report: 2021-12-07

Reporting Person: Sherman Laura (Member of 10% owner group)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-12-07	Class B Common Stock	J	73170	$37.94	Acquired	2407297	Direct
2021-12-07	Class B Common Stock	J	73170	$37.94	Disposed	133578	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-12-07	LLC Units in Baldwin Risk Partners, LLC	$0	J	73170	Acquired		Class A Common Stock (73170)	Direct
2021-12-07	LLC Units in Baldwin Risk Partners, LLC	$0	J	73170	Disposed		Class A Common Stock (73170)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	206748	Indirect
Class B Common Stock	2407297	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
LLC Units in Baldwin Risk Partners, LLC	$0		Class A Common Stock (206748)	206748	Indirect
LLC Units in Baldwin Risk Partners, LLC	$0		Class A Common Stock (2407297)	2407297	Direct

Footnotes

F1: On December 7, 2021, the reporting person withdrew 73,170 shares of BRP Class B Common Stock from an irrevocable trust established for the benefit of her beneficiaries. In exchange for the shares, the reporting person deposited shares of publicly traded stock that is not Issuer stock. The withdrawal of shares from the trust resulted in a decrease in the number of shares the reporting person beneficially owns indirectly through the trust and a corresponding increase in the number of shares the reporting person beneficially owns directly.

F2: Reflects shares beneficially owned by Trusts prior to taking into account the dispositions by Trusts reported herein.

F3: The reporting person disclaims beneficial ownership in these securities except to the extent of her pecuniary interest therein.

F4: Shares held by the Laura R. Sherman GRAT 2019-2 Dated September 30, 2019, Laura R. Sherman GRAT 2020-1 Dated September 30, 2020, and BNY Mellon, National Association, as Trustee of the Laura R. Sherman Irrevocable Trust of 2019-1.

F5: Each LLC Unit, together with one 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 Units do not expire.