Hersch Dennis S 4
4 · PJT Partners Inc. · Filed Jun 3, 2020
Insider Transaction Report
Form 4
Hersch Dennis S
Director
Transactions
- Award
Restricted Stock Units
2020-06-01+1,599→ 18,000 total→ Class A Common Stock (1,599 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Issuer Class A common stock.
- [F2]The restricted stock units vest in four substantially equal installments on each of August 31, 2020, November 30, 2020, February 28, 2021 and May 31, 2021. The restricted stock units will be settled on the earlier of the termination of service of such director or the fifth anniversary of the grant date and will be settled in either Class A common stock or cash (or a combination thereof) at the discretion of the Issuer's compensation committee.