Galbraith Steven M 4
4 · Pzena Investment Management, Inc. · Filed Jan 4, 2010
Insider Transaction Report
Form 4
Galbraith Steven M
Director
Transactions
- Award
Phantom Stock
2010-01-01$8.14/sh+8,599$69,996→ 8,599 total→ Class A common stock, par value $0.01 (8,599 underlying)
Footnotes (1)
- [F1]Each share of Phantom Stock is the economic equivalent of one share of the Issuer's Class A common stock ("Common Stock"). The shares of Phantom Stock become payable in a single distribution of shares of Common Stock, at such time as elected by the Reporting Person at the time such deferral was elected pursuant to Section 3.4 of the Pzena Investment Management, Inc. Non-Employee Director Deferred Compensation Plan (previously filed as Exhibit 10.1 to the Issuer's quarterly report on Form 10-Q filed with the Securities and Exchange Commission on November 9, 2009).