Sec Form 4 Filing - Loper Enterprises, LLC @ BRP Group, Inc. - 2020-06-03

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Loper Enterprises, LLC
2. Issuer Name and Ticker or Trading Symbol
BRP Group, Inc. [ BRP]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O BRP GROUP, INC., 4211 W. BOY SCOUT BLVD., SUITE 800
3. Date of Earliest Transaction (MM/DD/YY)
06/03/2020
(Street)
TAMPA, FL33607
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class B Common Stock 06/03/2020 C 100 D $ 0 0 D
Class A Common Stock 06/03/2020 C 100 A $ 0 100 D
Class A Common Stock 06/03/2020 S 100 D $ 14.51 ( 1 ) 0 D
Class B Common Stock 06/04/2020 C 4,675 D $ 0 0 D
Class A Common Stock 06/04/2020 C 4,675 A $ 0 4,675 D
Class A Common Stock 06/04/2020 S 4,675 D $ 14.5269 ( 1 ) ( 2 ) 0 D
Class B Common Stock 06/05/2020 C 35,987 D $ 0 0 D
Class A Common Stock 06/05/2020 C 35,987 A $ 0 35,987 D
Class A Common Stock 06/05/2020 S 35,987 D $ 14.7503 ( 1 ) ( 2 ) 0 D
Class B Common Stock 18,893,145 ( 3 ) I By Baldwin Insurance Group Holdings, LLC
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
LLC Units in Baldwin Risk Partners, LLC $ 0 06/03/2020 C 100 ( 4 ) ( 4 ) Class A Common Stock 100 $ 0 0 D
LLC Units in Baldwin Risk Partners, LLC $ 0 06/04/2020 C 4,675 ( 4 ) ( 4 ) Class A Common Stock 4,675 $ 0 0 D
LLC Units in Baldwin Risk Partners, LLC $ 0 06/05/2020 C 35,987 ( 4 ) ( 4 ) Class A Common Stock 35,987 $ 0 0 D
LLC Units in Baldwin Risk Partners, LLC $ 0 ( 4 ) ( 4 ) Class A Common Stock 18,893,145 18,893,145 ( 3 ) I By Baldwin Insurance Group Holdings, LLC
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Loper Enterprises, LLC
C/O BRP GROUP, INC.
4211 W. BOY SCOUT BLVD., SUITE 800
TAMPA, FL33607
X
Signatures
/s/ Christopher Stephens as Attorney-in Fact, for Loper Enterprises, LLC 06/05/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )This sale was conducted pursuant to a Rule 10b5-1 trading plan. No further sales are contemplated under such plan.
( 2 )The price reported is a weighted average price. The shares sold on (i) June 4, 2020 were sold in multiple transactions at prices ranging from $14.50 to $14.63 inclusive and (ii) June 5, 2020 were sold in multiple transactions at prices ranging from $14.50 to $15.3650 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the applicable range set forth in this footnote to this Form 4.
( 3 )The reporting person disclaims beneficial ownership in these securities except to the extent of its pecuniary interest therein.
( 4 )Each LLC Unit, together with a share of Class B common stock, may be converted by the holder into one share of Class A common stock at any time. The LLC Units do not expire.

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 4(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).

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