Ownership Submission

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

SIEGERT PAUL ERIC

2. Date of Event Requiring Statement (Month/Day/Year)
06/10/2024

3. Issuer Name and Ticker or Trading Symbol
HOULIHAN LOKEY, INC. [HLI]

(Last)

(First)

(Middle)

C/O HOULIHAN LOKEY, INC., 10250 CONSTELLATION BLVD., 5TH FLOOR

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

_____ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
CO-CHAIRMAN

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

(Street)

LOS ANGELES, CA 90067

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 Beneficially Owned

1.Title of Security
(Instr. 4)

2. Amount of Securities Beneficially Owned
(Instr. 4)

3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)

4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
	Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
CLASS B COMMON STOCK	⁽¹⁾	⁽⁶⁾	CLASS A COMMON STOCK	341,752	$ ⁽⁶⁾	I	BY HL VOTING TRUST ⁽⁷⁾
CLASS B COMMON STOCK	⁽²⁾	⁽⁶⁾	CLASS A COMMON STOCK	16,450	$ ⁽⁶⁾	I	BY HL VOTING TRUST ⁽⁷⁾
CLASS B COMMON STOCK	⁽³⁾	⁽⁶⁾	CLASS A COMMON STOCK	10,724	$ ⁽⁶⁾	I	BY HL VOTING TRUST ⁽⁷⁾
CLASS B COMMON STOCK	⁽⁴⁾	⁽⁶⁾	CLASS A COMMON STOCK	11,518	$ ⁽⁶⁾	I	BY HL VOTING TRUST ⁽⁷⁾
CLASS B COMMON STOCK	⁽⁵⁾	⁽⁶⁾	CLASS A COMMON STOCK	33,833	$ ⁽⁶⁾	I	BY HL VOTING TRUST ⁽⁷⁾

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
SIEGERT PAUL ERIC C/O HOULIHAN LOKEY, INC. 10250 CONSTELLATION BLVD., 5TH FLOOR LOS ANGELES, CA 90067			CO-CHAIRMAN

Signatures

/s/ J. Lindsey Alley, as Attorney-in-Fact, for Paul Eric Siegert		06/17/2024
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(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).
(1)	Represents 341,752 fully vested shares of Class B Common Stock.
(2)	Represents 16,450 unvested shares of Class B Common Stock, which vest on May 15, 2025.
(3)	Represents 10,724 unvested shares of Class B Common Stock, which vest in equal installments on May 15, 2025 and 2026.
(4)	Represents 11,518 unvested shares of Class B Common Stock, which vest in equal installments on May 15, 2025, 2026, and 2027.
(5)	Represents 33,833 unvested shares of Class B Common Stock, which vest in equal installments on May 15, 2025, 2026, 2027,and 2028.
(6)	Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Date (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610) concerning the Issuer's initial public offering). The Class B Common Stock has no expiration date.
(7)	Represents shares of Class B Common Stock deposited into the HL Voting Trust (the "Voting Trust"). The reporting person retains investment control and dispositive power over the shares deposited into the Voting Trust.
Remarks: Exhibit List: Exhibit 24.1 - Power of Attorney

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