0001840776-23-000128.txt : 20230627 0001840776-23-000128.hdr.sgml : 20230627 20230627164205 ACCESSION NUMBER: 0001840776-23-000128 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230623 FILED AS OF DATE: 20230627 DATE AS OF CHANGE: 20230627 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Hagerty McKeel CENTRAL INDEX KEY: 0001897880 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40244 FILM NUMBER: 231047925 MAIL ADDRESS: STREET 1: 175 WILSON RD. CITY: TRAVERSE CITY STATE: MI ZIP: 49686 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Hagerty, Inc. CENTRAL INDEX KEY: 0001840776 STANDARD INDUSTRIAL CLASSIFICATION: INSURANCE AGENTS BROKERS & SERVICES [6411] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 121 DRIVERS EDGE CITY: TRAVERSE CITY STATE: MI ZIP: 49684 BUSINESS PHONE: 800-922-4050 MAIL ADDRESS: STREET 1: 121 DRIVERS EDGE CITY: TRAVERSE CITY STATE: MI ZIP: 49684 FORMER COMPANY: FORMER CONFORMED NAME: Aldel Financial Inc. DATE OF NAME CHANGE: 20210115 4 1 wk-form4_1687898501.xml FORM 4 X0407 4 2023-06-23 0 0001840776 Hagerty, Inc. HGTY 0001897880 Hagerty McKeel 121 DRIVERS EDGE TRAVERSE CITY MI 49684 1 1 0 0 Chief Executive Officer 0 Series A Convertible Preferred Stock 11.79 2023-06-23 4 A 0 530222 9.43 A Class A Common Stock 530222 530222 I Held by McKeel O Hagerty Revocable Trust dated September 18, 2003 Reporting Person may convert the Series A Convertible Preferred Stock at any time, subject to the Issuer's option to require the Reporting Person to convert all or any of the Series A Convertible Preferred Stock, as summarized in footnote 2 of this Form 4. Issuer may require Reporting Person to convert all or any portion of Series A Preferred Stock where: (i) if, on or after the third anniversary of June 23, 2023 (the "Issue Date") and prior to the seventh anniversary of the Issue Date, the closing price of the Class A Common Stock exceeds 150% of the Conversion Price for at least twenty (20) trading days in any period of thirty (30) consecutive trading days; (ii) if, on or after the seventh anniversary of the Issue Date and prior to the tenth anniversary of the Issue Date, the closing price of the Class A Common Stock exceeds 100% of the Conversion Price for at least twenty (20) trading days in any period of thirty (30) consecutive trading days; or (iii) on or after the tenth anniversary of the Issue Date. Held by McKeel O Hagerty Revocable Trust dated September 18, 2003 (the "Trust"). Reporting Person is the trustee for the Trust and has investment power over the Series A Convertible Preferred Stock held by the Trust. /s/ Barbara E. Matthews, Power of Attorney 2023-06-27