Trean Insurance Form 4 Trean Insurance / Blake Baker ownership change

SEC Form 4

FORM 4

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
or Section 30(h) of the Investment Company Act of 1940

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X

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Baker Blake

(Last) (First) (Middle)

C/O TREAN INSURANCE GROUP, INC.

150 LAKE STREET WEST

(Street)

WAYZATA MN 55391

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Trean Insurance Group, Inc. [ TIG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/20/2020

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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
Common Stock, par value $0.01 per share	07/20/2020		S		957,367	D	$13.95	3,251,291	I	As trustee(1)(2)
Common Stock, par value $0.01 per share	07/20/2020		S		273,534	D	$13.95	928,940	I	As trustee(2)(3)
Common Stock, par value $0.01 per share	07/20/2020		S		273,534	D	$13.95	928,940	I	As trustee(2)(4)

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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (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: 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

1. Name and Address of Reporting Person^*

Baker Blake

(Last) (First) (Middle)

C/O TREAN INSURANCE GROUP, INC.

150 LAKE STREET WEST

(Street)

WAYZATA MN 55391

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Blake Baker Enterprises I Inc.

(Last) (First) (Middle)

C/O TREAN INSURANCE GROUP, INC.

150 LAKE STREET WEST

(Street)

WAYZATA MN 55391

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Blake Baker Enterprises II Inc.

(Last) (First) (Middle)

C/O TREAN INSURANCE GROUP, INC.

150 LAKE STREET WEST

(Street)

WAYZATA MN 55391

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Blake Baker Enterprises III Inc.

(Last) (First) (Middle)

C/O TREAN INSURANCE GROUP, INC.

150 LAKE STREET WEST

(Street)

WAYZATA MN 55391

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Baker Family Trust

(Last) (First) (Middle)

C/O TREAN INSURANCE GROUP, INC.

150 LAKE STREET WEST

(Street)

WAYZATA MN 55391

(City) (State) (Zip)

Explanation of Responses:

1. Held by Blake Baker Enterprises I, Inc. (together with Blake Baker Enterprises II, Inc. and Blake Baker Enterprises III, Inc., the "Blake Baker Enterprises Entities").

2. The Blake Baker Enterprises Entities are owned by The Baker Family Trust, dated July 8, 2019, of which Blake Baker is the sole settlor and trustee.

3. Held by Blake Baker Enterprises II, Inc.

4. Held by Blake Baker Enterprises III, Inc.

Remarks:

	/s/ Blake Baker	07/20/2020
	/s/ Blake Baker, authorized signatory	07/20/2020
	/s/ Blake Baker, authorized signatory	07/20/2020
	/s/ Blake Baker, authorized signatory	07/20/2020
	/s/ Blake Baker, as trustee	07/20/2020
	** Signature of Reporting Person	Date
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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