Home/Filings/4/0001777835-24-000150
4//SEC Filing

Bednar Andrew 4

Accession 0001777835-24-000150

CIK 0001777835other

Filed

Sep 3, 8:00 PM ET

Accepted

Sep 4, 9:43 PM ET

Size

9.2 KB

Accession

0001777835-24-000150

Insider Transaction Report

Form 4
Period: 2024-08-31
Bednar Andrew
DirectorChief Executive Officer
Transactions
  • Tax Payment

    Class A Common Stock

    2024-09-03$19.55/sh313,476$6,128,456796,508 total
  • Exercise/Conversion

    Class A Common Stock

    2024-08-31+614,0551,109,984 total
  • Exercise/Conversion

    Performance-Based Stock Units

    2024-08-31614,0551,735,945 total
    Class A Common Stock (614,055 underlying)
Footnotes (4)
  • [F1]Represents deemed disposition of shares of Class A common stock to the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
  • [F2]Each performance-based restricted stock unit ("PSU") represents a contingent right to receive one share of Class A common stock.
  • [F3]These PSUs vested on August 31, 2024, upon the achievement of certain service-based and performance-based vesting conditions.
  • [F4]The PSUs granted on August 31, 2021 vest based on the achievement of (i) service-based vesting conditions that are satisfied in two equal installments on the third and fifth anniversaries of the grant date, subject to a 50% holdback after the first vesting date, and (ii) performance-based vesting conditions that are satisfied upon the achievement, as measured on the last calendar day of each month, of closing stock prices equal to $15, $20, $25 and $30 (subject to linear interpolation) for 20 out of any 30 consecutive trading days, in each case prior to the fifth anniversary of the grant date.

Issuer

Perella Weinberg Partners

CIK 0001777835

Entity typeother

Related Parties

1
  • filerCIK 0001867860

Filing Metadata

Form type
4
Filed
Sep 3, 8:00 PM ET
Accepted
Sep 4, 9:43 PM ET
Size
9.2 KB