Och-Ziff Capital Management Group LLC 4
4 · Och-Ziff Capital Management Group LLC · Filed May 11, 2017
Insider Transaction Report
Form 4
Windreich David
DirectorExecutive Managing Director
Transactions
- Award
Class B Shares
2017-05-09+2,000,000→ 38,353,888 total
Footnotes (2)
- [F1]Class B Shares of Och-Ziff Capital Management Group LLC (the "Company") entitle the holder to one vote per share and generally vote together with the Class A Shares of the Company as a single class on matters submitted to a vote of security holders. The Class B Shares do not represent any economic interest in the Company or the cash value thereof (or any of its affiliates). Upon the exchange of one Och-Ziff Operating Group P Unit for one Class A Share (as described in footnote 2 below), one Class B Share will be canceled for no consideration.
- [F2]These Class B Shares were issued in connection with the grant of Och-Ziff Operating Group P Units that contingently entitle the recipient to an equal number of Class A Shares of the Company (or the cash value thereof), subject to the recipient's satisfaction of applicable service- and performance-based vesting conditions.