Beneficient — Director's Dealing 2023

Jun 7, 2023

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Beneficient (BENF)
CIK: 0001775734
Period of Report: 2023-06-07

Reporting Person: LOCKHART DENNIS P (Director)

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	77500	Direct

Footnotes

F1: Includes 62,500 shares of Class A common stock, par value $0.001 ("Class A common stock"), of Beneficient issuable upon the settlement of an award of 50,000 restricted equity units (the "REUs") granted pursuant to The Beneficient Company Group, L.P. 2018 Equity Incentive Plan (the "2018 Equity Incentive Plan") to Dennis P. Lockhart (the "Reporting Person") on May 1, 2020. The REUs vested 25% on the date of grant, and the remaining 75% in three equal annual installments on May 10th of each subsequent calendar year.

F2: Includes 15,000 shares of Class A common stock issuable upon settlement of an award of 12,000 REUs to the Reporting Person granted pursuant to the 2018 Equity Incentive Plan on April 1, 2022. Such award of REUs to the Reporting Person shall vest 40% on June 8, 2023, and the remaining 60% in three equal annual installments on April 1st of each subsequent calendar year.