Hagerty, Inc. — Director's Dealing 2022

Apr 5, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Hagerty, Inc. (HGTY)
CIK: 0001840776
Period of Report: 2022-04-01

Reporting Person: Hagerty McKeel (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-04-01	Class A Common Stock	A	926784	—	Acquired	926784	Direct
2022-04-01	Class A Common Stock	A	157553	—	Acquired	1084337	Direct
2022-04-01	Class A Common Stock	A	52518	—	Acquired	1136855	Direct
2022-04-01	Class A Common Stock	A	157553	—	Acquired	1294408	Direct
2022-04-01	Class A Common Stock	A	185	—	Acquired	1294593	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-04-01	Performance Restricted Stock Units	$0.0	A	3707136	Acquired	2029-04-01	Class A Common Stock (3707136.0)	Direct

Footnotes

F1: Respresents shares of Class A Common Stock of Hagerty, Inc. ("Class A Common Stock") underlying Restricted Stock Units ("RSUs") acquired by the Reporting Person under Hagerty, Inc.'s (the "Issuer") 2021 Equity Incentive Plan (the "Plan"). The RSUs vest in equal amounts on each annual-anniversary of the grant date ending April 1, 2029, subject to the Reporting Person's continued service with the Issuer, with exceptions for death, disability, or retirement.

F2: Respresents shares of Class A Common Stock underlying RSUs acquired by the Reporting Person under the Plan. The RSUs vest in equal amounts on each annual-anniversary of the grant date ending April 1, 2025, subject to the Reporting Person's continued service with the Issuer, with exceptions for death, disability, or retirement.

F3: Respresents shares of Class A Common Stock underlying RSUs acquired by the Reporting Person under the Plan. The RSUs vest on April 1, 2023, subject to the Reporting Person's continued service with the Issuer, with exceptions for death or disability.

F4: Respresents shares of Class A Common Stock underlying RSUs acquired by the Reporting Person under the Plan. The RSUs vest on April 1, 2024, subject to the Reporting Person's continued service with the Issuer, with exceptions for death or disability.

F5: Represents shares of Class A Common Stock underlying Performance Restricted Stock Units ("PRSUs") granted to the Reporting Person under the Plan. The PRSUs will vest, if at all, 25% upon the Class A Common Stock trading above $20.00 per share on the New York Stock Exchange ("NYSE") for sixty (60) consecutive days, 25% upon the Class A Common Stock trading above $25.00 per share on the NYSE for sixy (60) consecutive days, and 50% upon the Class A Common Stock trading above $30.00 per share on the NYSE for sixty (60) consecutive days, subject to the Reporting Person's continued service with the Issuer, with exceptions for death, disability, or retirement.