Shendelman Vladimir 4
4 · Perella Weinberg Partners · Filed Jun 28, 2021
Insider Transaction Report
Form 4
Shendelman Vladimir
General Counsel
Transactions
- Award
Class B-1 Common Stock
2021-06-24+484,706→ 484,706 total(indirect: PWP Professional Partners LP)→ Class A Common Stock (484.706 underlying) - Award
PWP Holdings LP Common Units
2021-06-24+484,706→ 484,706 total(indirect: PWP Professional Partners LP)→ Class A Common Stock (484,706 underlying)
Footnotes (3)
- [F1]Concurrently with an exchange of PWP Holdings LP Common Units (which represent Class A partnership units of PWP Holdings LP) ("PWP OpCo Units") for shares of Class A common stock ("Class A Shares") or cash by a PWP Holdings LP unitholder ("Unitholder") who also holds shares of Class B-1 common stock ("Class B-1 Shares"), such Unitholder will be required to surrender to the Issuer a number of Class B-1 Shares equal to the number of PWP OpCo Units exchanged, and such Class B-1 Shares will be converted into Class A Shares or, at the option of the Issuer, for an equivalent amount of cash, which will be delivered to such Unitholder at a conversion rate of 0.001 Class A Share for one Class B-1 Share.
- [F2]The Reporting Person disclaims beneficial ownership of the securities held by PWP Professional Partners LP, except to the extent of his pecuniary interest therein.
- [F3]Subject to certain lock-up periods, PWP OpCo Units, upon the surrender of an equal number of Class B-1 Shares, may be exchanged for Class A Shares on a one-for-one basis or, at the option of the Issuer, for an equivalent amount of cash. PWP OpCo Units do not expire.