MAYER MARC O 4

4 · Manning & Napier, Inc. · Filed May 26, 2021

Form 4

Period: 2021-05-24

DirectorChief Executive Officer

Transactions

Exercise/Conversion
Class A Common Stock, par value $0.01
2021-05-24$2.01/sh+150,000$301,500→ 1,460,623 total
Tax Payment
Class A Common Stock, par value $0.01
2021-05-24$7.97/sh−96,607$769,958→ 1,364,016 total
Exercise/Conversion
Employee Stock Option (right to buy)
2021-05-24−150,000→ 583,332 total
Exercise: $2.01From: 2021-02-26Exp: 2025-02-26→ Class A Common Stock, par value $0.01 (150,000 underlying)

Holdings

Employee Stock Option (right to buy)
Exercise: $2.01From: 2022-01-01Exp: 2026-01-01→ Class A Common Stock, par value $0.01 (166,668 underlying)
166,668

Footnotes (2)

[F1]Includes 163,399 restricted stock units that will convert to common stock on a one-for-one basis. The restricted stock units are subject to time vesting, with one-fourth of such restricted stock units vesting on each of February 1, 2023, February 1, 2024, February 1, 2025 and February 1, 2026.
[F2]6,332 options became exercisable on February 26, 2021. 289,000 options became exercisable on March 9, 2021. 288,000 options will become exercisable, if at all, if the average closing price per share of Class A Common Stock of the Company equals or exceeds $7.75 per share for 20 consecutive trading days on or before December 31, 2025. The options shall terminate and become null and void at the close of business on the date that is the fourth anniversary of the applicable vesting date.

Documents

1 file