4//SEC Filing
Silvercrest Asset Management Group Inc. 4
Accession 0001012975-15-000168
$SAMGCIK 0001549966operating
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 5:09 PM ET
Size
8.5 KB
Accession
0001012975-15-000168
Insider Transaction Report
Form 4
CAMPBELL DAVID J
General Counsel and Secretary
Transactions
- Other
Class B Common Stock, par value $0.01
2015-02-28+4,155→ 99,224 total - Other
Class B units
2015-02-28+4,155→ 99,224 total→ Class A Common Stock, par value $0.01 (4,155 underlying)
Footnotes (2)
- [F1]Holders of Class B common stock are not entitled to participate in any dividends or other distributions made by Silvercrest Asset Management Group Inc. (the "Corporation") to holders of its capital stock (except for the right to receive par value upon the Corporation's liquidation or dissolution). Each Class B unit of Silvercrest L.P. is paired with a share of Class B common stock. Each share of Class B common stock entitles the holder to one (1) vote per share on all matters submitted to a vote of the Corporation's common stockholders. Shares of Class B common stock are not transferable unless transferred concurrently with the corresponding Class B unit and with the consent of the Corporation and Silvercrest L.P.
- [F2]Represents Class B units issued to the holder upon the vesting of deferred equity units and performance units. Silvercrest Asset Management Group LLC ("SAMG LLC") awarded to its principals deferred equity units and performance units in 2009, 2010 and 2011 exercisable for cash or Class B units of Silvercrest L.P. Each deferred equity unit entitles the holder thereof to receive 100 Class B units of Silvercrest L.P. (and, as such, a corresponding number of Class B common stock of SAMG). SAMG LLC also granted to each employee who received an award of deferred equity units, a number of performance units which became exercisable for one (1) Class B unit for every two (2) Class B units issued upon vesting of the deferred equity units awarded to each principal in 2009, 2010 and 2011, subject to certain holding requirements as set forth in the unit award agreements.
Documents
Issuer
Silvercrest Asset Management Group Inc.
CIK 0001549966
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001549966
Filing Metadata
- Form type
- 4
- Filed
- Mar 1, 7:00 PM ET
- Accepted
- Mar 2, 5:09 PM ET
- Size
- 8.5 KB