SEC Form 4 · accession 0001302215-16-000032
HOULIHAN LOKEY, INC. · HLI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert H Hotz
10% Owner
Period of report
Apr 30, 2016
Accepted (ET)
May 3, 2016 · 9:10 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 STOCKF2,F1 | — | Apr 30, 2016 | J | 41,294 | A | — | — | CLASS A COMMON STOCK | 41,294 | 41,294 | D |
| CLASS B COMMON STOCKF3,F4,F1 | $0.00 | Apr 30, 2016 | Z | 41,294 | D | — | — | CLASS A COMMON STOCK | 41,294 | — | I |
Explanation of responses
- F1Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Date (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610) concerning the Issuer's initial public offering. The Class B Common Stock has no expiration date.
- F2On April 30, 2016, the Issuer granted 41,294 shares of Class B Common Stock to the reporting person for services as an employee pursuant to its 2016 Incentive Award Plan, which grant was approved by the compensation committee of the board of directors of the Issuer. The shares vest in four equal annual installments following the grant date. The reporting person is subject to Section 16 of the Securities Exchange Act of 1934, as amended, solely by virtue of his position as a trustee of the HL Voting Trust (the "Voting Trust").
- F3Represents shares of Class B Common Stock deposited into the Voting Trust. The reporting person retains investment control and dispositive power over the shares deposited into the Voting Trust.
- F4The reporting person is a trustee of the Voting Trust. The trustees of the Voting Trust have shared voting control over the shares deposited into the Voting Trust. The reporting person has a pecuniary interest in and investment control over the shares reported herein.