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