SEC Form 4 · accession 0001140361-17-012531
HOULIHAN LOKEY, INC. · HLI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Mar 15, 2017
Accepted (ET)
Mar 17, 2017 · 2:04 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001302215
Table I — non-derivative securities
No Table I lines on this filing.
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 StockF3,F1 | — | Mar 15, 2017 | S | 900,000 | D | — | — | Class A Common Stock | 900,000 | 14,710,331 | D |
Explanation of responses
- F1Convertible into Class A Common Stock on one-for-one basis, upon transfer or final conversion dates.
- F2Sale to Issuer of an additional 900,000 shares of Class B Common Stock, with settlement to occur on April 5, 2017. Prior to settlement, the Reporting Person will retain all voting rights in respect of such shares. Pursuant to an existing purchase agreement, this sale of additional shares was effective upon the March 15, 2017 closing of the underwriters' optional purchase of additional shares of Class A common stock from the Issuer as part of the Issuer's recent registered offering.
- F3Owned directly by ORIX HLHZ Holding LLC. Also owned indirectly, through subsidiaries, by ORIX Corporation.