SEC Form 4 · accession 0000950103-18-009895
HOULIHAN LOKEY, INC. · HLI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Aug 21, 2018
Accepted (ET)
Aug 23, 2018 · 1:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001302215
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Aug 21, 2018 | S | 12,739 | $48.00 | D | 256,810 | D | |
| Class A Common StockF2,F1 | Aug 21, 2018 | C | 394,374 | $0.00 | A | 651,184 | D | |
| Class A Common StockF3,F1 | Aug 22, 2018 | S | 28,485 | $48.0421 | D | 622,699 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B Common StockF1,F4 | — | Aug 21, 2018 | C | 394,374 | D | — | — | Class A Common Stock | 394,374 | 5,768,214 | D |
Explanation of responses
- F1Owned directly by ORIX HLHZ Holding LLC. Also owned indirectly, through subsidiaries, by ORIX Corporation.
- F2Represents Class A Common Stock received upon conversion of Class B Common Stock.
- F3Reflects a weighted average sale price of $48.0421 per share, at prices ranging from $48.00 to $48.115 per share. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- F4Convertible into Class A Common Stock on a one-for-one basis, upon transfer or final conversion dates.