4//SEC Filing
Pzena Investment Management, Inc. 4
Accession 0001140361-13-045175
CIK 0001399249operating
Filed
Dec 5, 7:00 PM ET
Accepted
Dec 6, 5:34 PM ET
Size
8.8 KB
Accession
0001140361-13-045175
Insider Transaction Report
Form 4
DeSpirito Antonio
Executive Vice President
Transactions
- Tax Payment
Class B common stock, par value $0.000001
2013-12-04−27,944→ 699,080 total - Tax Payment
Class B Units
2013-12-04−27,944→ 699,080 total→ Class A common stock, par value $0.01 (27,944 underlying)
Holdings
- 600,737
Class A common stock, par value $0.01
Footnotes (3)
- [F1]On December 4, 2013, the Reporting Person delivered to the Company 27,944 Class B Units in connection with the payment of the tax liability incurred upon the Reporting Person's exercise of 148,301 Class B Unit Options on November 22, 2013.
- [F2]On November 22, 2013, the Reporting Person exercised 148,301 Class B Unit Options granted on December 31, 2008 (the "Options") with an exercise price of $4.22 per unit. The Options have an exercise date of December 31, 2008, and an expiration date of December 31, 2018.
- [F3]Represents units of Pzena Investment Management, LLC ("Pzena LLC") that were reclassified as "Class B Units" of Pzena LLC on a one-for-one basis in connection with the amendment and restatement of Pzena LLC's operating agreement as of October 30, 2007 ("the Amended Pzena LLC Agreement"), among Pzena Investment Management, Inc. ("Pzena Inc."), as the Managing Member of Pzena LLC and the holder of certain units of Pzena LLC, and the holders of such reclassified units of Pzena LLC. Pursuant to the Amended Pzena LLC Agreement, each Class B Unit is exchangeable for a share of Class A common stock of Pzena Inc. subject to the timing and volume limitations set forth in the Amended Pzena LLC Agreement.
Documents
Issuer
Pzena Investment Management, Inc.
CIK 0001399249
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001399249
Filing Metadata
- Form type
- 4
- Filed
- Dec 5, 7:00 PM ET
- Accepted
- Dec 6, 5:34 PM ET
- Size
- 8.8 KB