Sec Form 4 Filing - Sherman Laura @ BRP Group, Inc. - 2023-09-07

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
Sherman Laura
2. Issuer Name and Ticker or Trading Symbol
BRP Group, Inc. [ BRP]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) X __ Other (specify below)
Member of 10% owner group
(Last) (First) (Middle)
C/O BRP GROUP, INC., 4211 W. BOY SCOUT BLVD., SUITE 800
3. Date of Earliest Transaction (MM/DD/YY)
09/07/2023
(Street)
TAMPA, FL33607
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ 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 09/07/2023 C 200,000 D $ 0 2,217,704 I By Trust ( 1 )
Class A Common Stock 09/07/2023 C 200,000 A $ 0 200,000 I By Trust ( 1 )
Class A Common Stock 09/07/2023 S 57,100 D $ 26.8627 ( 2 ) 142,900 I By Trust ( 1 )
Class A Common Stock 09/08/2023 S 65,900 D $ 26.3887 ( 3 ) 77,000 I By Trust ( 1 )
Class A Common Stock 09/11/2023 S 22,305 D $ 26.2408 ( 4 ) 54,695 I By Trust ( 1 )
Class B Common Stock 67,364 I By Trust ( 5 )
Class B Common Stock 9,106 I By Trust ( 6 )
Class A Common Stock 1,884 D
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 09/07/2023 C 200,000 ( 7 ) ( 7 ) Class A Common Stock 200,000 $ 0 2,217,704 I By Trust ( 1 )
LLC Units in Baldwin Risk Partners, LLC $ 0 ( 7 ) ( 7 ) Class A Common Stock 67,364 67,364 I By Trust ( 5 )
LLC Units in Baldwin Risk Partners, LLC $ 0 ( 7 ) ( 7 ) Class A Common Stock 9,106 9,106 I By Trust ( 6 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Sherman Laura
C/O BRP GROUP, INC.
4211 W. BOY SCOUT BLVD., SUITE 800
TAMPA, FL33607
Member of 10% owner group
Laura R. Sherman GRAT 2019-2 Dated September 30, 2019
C/O BRP GROUP, INC.
4211 W. BOY SCOUT BLVD., SUITE 800
TAMPA, FL33607
Member of 10% owner group
Laura R. Sherman, as Trustee of the Laura R. Sherman GRAT 2020-1, dated September 30, 2020
C/O BRP GROUP, INC.
4211 W. BOY SCOUT BLVD., SUITE 800
TAMPA, FL33607
Member of 10% owner group
Signatures
/s/ Seth Cohen, as Attorney-in-Fact, for Laura R. Sherman 09/11/2023
Signature of Reporting Person Date
/s/ Seth Cohen as Attorney-in Fact, for Laura R. Sherman GRAT 2019-2 Dated September 30, 2019 09/11/2023
Signature of Reporting Person Date
/s/ Seth Cohen as Attorney-in Fact, for Laura R. Sherman GRAT 2020-1 Dated September 30, 2020 09/11/2023
Signature of Reporting Person Date
Explanation of Responses:
( 1 )These securities are directly held by the Laura R. Sherman Trust, dated April 15, 2019, of which the reporting person serves as the sole trustee and beneficiary.
( 2 )The price reported is a weighted average price. The reported securities were sold in multiple transactions at prices ranging from $26.61 to $27.44. 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 such range.
( 3 )The price reported is a weighted average price. The reported securities were sold in multiple transactions at prices ranging from $26.195 to $26.62. 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 such range.
( 4 )The price reported is a weighted average price. The reported securities were sold in multiple transactions at prices ranging from $26.00 to $26.79. 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 such range.
( 5 )These securities are directly held by the Laura R. Sherman Trust, GRAT 2019-2 Dated September 30, 2019, of which the reporting person serves as the sole trustee and beneficiary.
( 6 )These securities are directly held by the Laura R. Sherman GRAT 2020-1 Dated September 30, 2020, of which the reporting person serves as the sole trustee and beneficiary.
( 7 )Each LLC Unit, together with a share of Class B common stock, may be exchanged by the holder into one share of Class A common stock at any time. The LLC Units do not expire.

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