4//SEC Filing
SIMON JOSEPH 4
Accession 0000950170-25-024460
CIK 0001596967other
Filed
Feb 19, 7:00 PM ET
Accepted
Feb 20, 7:05 PM ET
Size
12.9 KB
Accession
0000950170-25-024460
Insider Transaction Report
Form 4
SIMON JOSEPH
Chief Financial Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2025-02-18+16,767→ 16,767 total - Exercise/Conversion
2021 Vested LP Units of MCGEH
2025-02-18−5,682→ 0 total→ Class A Common Stock (5,682 underlying) - Exercise/Conversion
2021 LP Units of MCGEH
2025-02-18−3,361→ 6,724 total→ Class A Common Stock (3,361 underlying) - Exercise/Conversion
2022 Vested LP Units of MCGEH
2025-02-18−7,724→ 11,588 total→ Class A Common Stock (7,724 underlying)
Footnotes (5)
- [F1]On February 18, 2025 certain of the holder's LP units in Moelis & Company Group Employee Holdings LP ("MCGEH") granted in February 2022 and 2023 for compensation awarded for the 2021 and 2022 fiscal years (the "2021 Vested LP Units", " "2021 LP Units" and "2022 Vested 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]Certain of the 2021 Vested LP Units, 2021 LP Units and 2022 Vested LP Units became eligible for exchange into Class A Common Stock following vesting and Book-Up (as defined below).
- [F3]The 2021 Vested LP Units vest at grant and may be redeemed by the holder for shares of Class A Common Stock on a one-for-one basis on the third anniversary of the grant date (February 2025) and a sufficient amount of profits have been allocated to the holder of the LP Units (the "Book-Up").
- [F4]The 2021 LP Units vest over four years as follows: (a) 40% vests on or about February 23, 2024, and (b) and 20% vests on or about 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").
- [F5]The 2022 Vested LP Units vest at grant and may be redeemed as follows: (a) 40% on or about February 23, 2025, and (b) and 20% on or about each of February 23, 2026, February 23, 2027 and February 23, 2028. These 2022 Vested LP units may be redeemded by the holder for shares of Class A Common Stock on a one-for-one basis beginning on the third anniversary of the grant date (February 2025) and a sufficient amount of profits have been allocated to the holder of the LP Units (the "Book-Up"). In addition, the 2022 Vested LP Units are subject to sale and non-compete restrictions through the fifth anniversary of the grant date.
Documents
Issuer
Moelis & Co
CIK 0001596967
Entity typeother
Related Parties
1- filerCIK 0001604693
Filing Metadata
- Form type
- 4
- Filed
- Feb 19, 7:00 PM ET
- Accepted
- Feb 20, 7:05 PM ET
- Size
- 12.9 KB