SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

SIEGERT PAUL ERIC

(Last)

(First)

(Middle)

C/O HOULIHAN LOKEY, INC.

10250 CONSTELLATION BLVD., 5TH FLOOR

(Street)

LOS ANGELES

90067

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
06/10/2024

3. Issuer Name and Ticker or Trading Symbol
HOULIHAN LOKEY, INC. [ HLI ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	CO-CHAIRMAN

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
CLASS B COMMON STOCK	⁽¹⁾	⁽⁶⁾	CLASS A COMMON STOCK	341,752	⁽⁶⁾	I	BY HL VOTING TRUST⁽⁷⁾
CLASS B COMMON STOCK	⁽²⁾	⁽⁶⁾	CLASS A COMMON STOCK	16,450	⁽⁶⁾	I	BY HL VOTING TRUST⁽⁷⁾
CLASS B COMMON STOCK	⁽³⁾	⁽⁶⁾	CLASS A COMMON STOCK	10,724	⁽⁶⁾	I	BY HL VOTING TRUST⁽⁷⁾
CLASS B COMMON STOCK	⁽⁴⁾	⁽⁶⁾	CLASS A COMMON STOCK	11,518	⁽⁶⁾	I	BY HL VOTING TRUST⁽⁷⁾
CLASS B COMMON STOCK	⁽⁵⁾	⁽⁶⁾	CLASS A COMMON STOCK	33,833	⁽⁶⁾	I	BY HL VOTING TRUST⁽⁷⁾

Explanation of Responses:

1. Represents 341,752 fully vested shares of Class B Common Stock.

2. Represents 16,450 unvested shares of Class B Common Stock, which vest on May 15, 2025.

3. Represents 10,724 unvested shares of Class B Common Stock, which vest in equal installments on May 15, 2025 and 2026.

4. Represents 11,518 unvested shares of Class B Common Stock, which vest in equal installments on May 15, 2025, 2026, and 2027.

5. Represents 33,833 unvested shares of Class B Common Stock, which vest in equal installments on May 15, 2025, 2026, 2027,and 2028.

6. Class 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.

7. Represents shares of Class B Common Stock deposited into the HL Voting Trust (the "Voting Trust"). The reporting person retains investment control and dispositive power over the shares deposited into the Voting Trust.

Remarks:

Exhibit List: Exhibit 24.1 - Power of Attorney

	/s/ J. Lindsey Alley, as Attorney-in-Fact, for Paul Eric Siegert	06/17/2024
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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