Silvercrest Asset Management Group Inc. 4
4 · Silvercrest Asset Management Group Inc. · Filed Aug 7, 2015
Insider Transaction Report
Form 4
GERARD SCOTT A
Chief Financial Officer
Transactions
- Award
Restricted Stock Units
2015-08-06+48,669→ 48,669 total→ See footnote (48,669 underlying)
Footnotes (2)
- [F1]Each RSU represents the right to receive a Class B Unit in Silvercrest L.P., each of which is paired with a share of Class B Common Stock of Silvercrest Asset Management Inc. (the "Company"). The Class B Units are exchangeable on a one-for-one basis for Class A Common Stock of the Company upon the terms and subject to the conditions set forth in the Exchange Agreement, dated as of June 26, 2014. Class B Common Stock corresponding to the Class B Units are automatically cancelled upon such conversion.
- [F2]Twenty-five percent of the restricted stock units ("RSUs") granted vest and settle on each of the first, second, third and fourth anniversaries of August 6, 2015, the grant date.