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

Dec 7, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BRP Group, Inc. (BRP)
CIK: 0001781755
Period of Report: 2021-12-03

Reporting Person: Baldwin Lowry (Director, Chairman, 10% Owner, Member of 10% owner group)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-12-03	Class B Common Stock	C	500000	—	Disposed	15951478	Indirect
2021-12-03	Class B Common Stock	S	70000	—	Disposed	15881478	Indirect
2021-12-03	Class B Common Stock	A	458000	—	Acquired	458000	Indirect
2021-12-03	Class A Common Stock	C	458000	—	Acquired	458000	Indirect
2021-12-03	Class B Common Stock	A	42000	—	Acquired	42000	Indirect
2021-12-03	Class A Common Stock	C	42000	—	Acquired	42000	Indirect
2021-12-03	Class A Common Stock	S	6201	$37.37	Disposed	35799	Indirect
2021-12-06	Class A Common Stock	S	35799	$36.35	Disposed	0	Indirect
2021-12-06	Class A Common Stock	S	114201	$36.35	Disposed	343799	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-12-03	LLC Units in Baldwin Risk Partners, LLC	$0	C	500000	Disposed		Class A Common Stock (500000)	Indirect
2021-12-03	LLC Units in Baldwin Risk Partners, LLC	$0	S	70000	Disposed		Class A Common Stock (70000)	Indirect

Footnotes

F1: The reporting person disclaims beneficial ownership in these securities except to the extent of his pecuniary interest therein.

F2: Shares held by The Honey Bee Family Trust and The Pop Pop Trust ("Trusts").

F3: The price reported is a weighted average price. The reported securities were sold in multiple transactions at prices ranging from $37.05 to $37.70. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.

F4: The reported securities were sold at a price of $36.35.

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.