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Hagerty, Inc. — Director's Dealing 2024
Jul 10, 2024
31172_dirs_2024-07-10_dafc7461-aed4-4f76-9b3b-a827201af624.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Hagerty, Inc. (HGTY)
CIK: 0001840776
Period of Report: 2024-07-05
Reporting Person: STATE FARM MUTUAL AUTOMOBILE INSURANCE CO (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-07-05 | Class A Common Stock | J | 1800000 | — | Acquired | 56040881 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-07-05 | Warrants to purchase Class A Common Stock | $11.5 | J | 9000000 | Disposed | 2026-12-02 | Class A Common Stock (9000000) | Direct |
Footnotes
F1: The reported warrants were exchanged for shares of Class A Common Stock, at a rate of 0.20 shares of Class A Common Stock per warrant, pursuant to the terms of an exchange offer made by the Issuer that expired at one minute after 11:59 p.m., Eastern Time, on July 2, 2024.
F2: Includes 4,240,881 shares of Class A Common Stock that the Reporting Person has the right to acquire within 60 days upon conversion of 5,302,226 shares of Series A Preferred Stock that are held directly by the Reporting Person, at the current conversion rate.