4//SEC Filing
PWP Professional Partners LP 4
Accession 0000899243-21-026393
CIK 0001777835other
Filed
Jun 27, 8:00 PM ET
Accepted
Jun 28, 9:22 PM ET
Size
9.0 KB
Accession
0000899243-21-026393
Insider Transaction Report
Form 4
PWP Professional Partners LP
Director
Transactions
- Award
PWP Holdings LP Common Units
2021-06-24+45,608,840→ 45,608,840 total→ Class A Common Stock (45,608,840 underlying) - Award
Class B-1 Common Stock
2021-06-24+45,608,840→ 45,608,840 total→ Class A Common Stock (45,608.84 underlying)
Footnotes (2)
- [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]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.
Documents
Issuer
Perella Weinberg Partners
CIK 0001777835
Entity typeother
Related Parties
1- filerCIK 0001867861
Filing Metadata
- Form type
- 4
- Filed
- Jun 27, 8:00 PM ET
- Accepted
- Jun 28, 9:22 PM ET
- Size
- 9.0 KB