SCHLOSSTEIN RALPH 4
4 · Evercore Inc. · Filed Mar 11, 2020
Insider Transaction Report
Form 4
SCHLOSSTEIN RALPH
DirectorPresident and CEO
Transactions
- Conversion
Partnership units of Evercore LP
2020-03-09−100,000→ 0 total(indirect: By Trust)→ Shares of Class A common stock, par value $0.01 per share (100,000 underlying) - Conversion
Shares of Class A common stock, par value $0.01 per share
2020-03-09+100,000→ 100,000 total(indirect: By Trust) - Conversion
Shares of Class A common stock, par value $0.01 per share
2020-03-09+449,000→ 587,914 total - Conversion
Partnership units of Evercore LP
2020-03-09−449,000→ 1,000 total→ Shares of Class A common stock, par value $0.01 per share (449,000 underlying)
Holdings
- 1
Shares of Class B common stock, par value $0.01 per share
Footnotes (3)
- [F1]Shares of Class A common stock were acquired upon exchange of Evercore LP partnership units, in accordance with the Evercore LP partnership agreement.
- [F2]These securities are held in trust for the benefit of Mr. Schlosstein's family. Mr. Schlosstein disclaims beneficial ownership of these securities and the filing of this report is not an admission that Mr. Schlosstein is the beneficial owner of these securities for the purposes of Section 16 or for any other purpose.
- [F3]Pursuant to the Amended and Restated Certificate of Incorporation of Evercore Inc., Evercore LP partnership units are, subject to certain restrictions in the Evercore LP partnership agreement, exchangeable on a one-to-one basis for shares of Evercore Inc. Class A common stock, subject to customary conversion rate adjustments for stock splits, stock dividends and reclassifications.