When LCLN insiders can sell

We, our officers and directors and the holders of substantially all of our outstanding capital stock have agreed that, for a period of 180 days from the date of this prospectus, they will not, without the prior written consent of Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC, dispose of, hedge, make any demand for registration or otherwise publicly announce any intention to do any of the foregoing for any shares of our Class A common stock or any securities convertible into or exchangeable for our Class A common stock, subject to certain exceptions. Redemption rights of LILP Partners holding common units After the expiration or earlier termination of any applicable LILP Lock-Up P…

…subject to the terms of the lock-up agreement 181 (h) transfers in "sell to cover" or similar open market transactions (including, without limitation, sales pursuant to any written plan meeting the requirements of Rule 10b5-1 under the Exchange Act, relating to the transfer, sale or other disposition of the undersigned's Underwriter Lock-Up Securities) during the Underwriter Lock-Up Period to satisfy tax withholding obligations as a result of the exercise, vesting and or settlement of Company equity awards (including options and RSUs) held by the undersigned and issued pursuant to a plan or arrangement described in the Prospectus,…

…," are subject to certain exceptions, including with respect to (a) transfers of the holder's Underwriter Lock-Up Securities (i) in the initial public offering pursuant to the underwriting agreement, (ii) as one or more bona fide gifts or charitable contributions, or for bona fide estate planning purposes (iii) upon death by will, testamentary document or the laws of intestate succession (iv) (A) if the holder is a natural person, to any member of the holder's immediate family or to any trust for the direct or indirect benefit of the holder or the holder's immediate family or (B) if the holder is a trust, to a trust or, trustee or b…

With limited exceptions for estate planning, domestic relations orders, certain beneficiary designations and the laws of descent and distribution, awards under the 2026 Plan are generally non-transferable prior to vesting, and are exercisable only by the participant. With regard to tax withholding, exercise price and purchase price obligations arising in connection with awards under the 2026 Plan, the plan administrator may, in its discretion, accept cash or check, shares of our Class A common stock that meet specified conditions, a "market sell order" or such other consideration as it deems suitable.

…e under our 2026 Incentive Award Plan (the "2026 Plan"), which will become effective in connection with the consummation of this offering (which number includes (i) 1,612,000 shares of Class A common stock issuable upon exercise of options held by certain of the Other Senior Professionals, and (ii) 3,808,300 shares of Class A common stock subject to restricted stock unit awards that will be granted to certain of our employees and directors pursuant to our 2026 Plan in connection with the consummation of this offering, based upon the initial public offering price of $20.00 per share) excludes 1,715,490 Liquidity Event Shares, based u…

LLC may, in their discretion, release any of the securities subject to the lockup agreements with the underwriters at any time, subject to applicable notice requirements. 182 Prior to the offering, there has been no public market for the shares of Class A common stock. The initial public offering price has been negotiated among us and the representatives. Among the factors to be considered in determining the initial publ…