4//SEC Filing
SIMON JOSEPH 4
Accession 0000950170-24-087449
CIK 0001596967other
Filed
Jul 28, 8:00 PM ET
Accepted
Jul 29, 7:20 PM ET
Size
9.2 KB
Accession
0000950170-24-087449
Insider Transaction Report
Form 4
SIMON JOSEPH
Chief Financial Officer
Transactions
- Sale
Class A Common Stock
2024-07-25$64.00/sh−6,723$430,272→ 0 total - Exercise/Conversion
2021 LP Units of MCGEH
2024-07-25−6,723→ 10,085 total→ Class A Common Stock (6,723 underlying) - Exercise/Conversion
Class A Common Stock
2024-07-25+6,723→ 6,723 total
Footnotes (4)
- [F1]On July 25, 2024 certain of the holder's LP units in Moelis & Company Group Employee Holdings LP ("MCGEH") granted in February 2022 for compensation awarded for the 2021 fiscal year (the "2021 LP Units") were exchanged for an equal number of shares of Moelis & Company Class A common stock pursuant to the terms of the Second Amended and Restated Limited Partnership Agreement of MCGEH. The exchanges were approved by the Company's Compensation Committee under Rule 16b-3.
- [F2]Mr. Simon also owns 68,379 units of unvested or restricted equity granted to Mr. Simon as incentive compensation for fiscal years 2019 through 2023
- [F3]Certain of the 2021 LP Units became eligible for exchange into Class A Common Stock following vesting and Book-Up (as defined below)
- [F4]The 2021 LP Units vest over four years as follows: (a) 40% vested on February 23, 2024, and (b) and 20% vests on each of February 23, 2025, February 23, 2026 and February 23, 2027. These 2021 LP Units may be redeemed by the holder for shares of Class A Common Stock on a one-for-one basis after the LP Units become vested and a sufficient amount of profits have been allocated to the holder of the LP Units (the "Book-Up").
Documents
Issuer
Moelis & Co
CIK 0001596967
Entity typeother
Related Parties
1- filerCIK 0001604693
Filing Metadata
- Form type
- 4
- Filed
- Jul 28, 8:00 PM ET
- Accepted
- Jul 29, 7:20 PM ET
- Size
- 9.2 KB