Becker Dietrich 4
4 · Perella Weinberg Partners · Filed Nov 4, 2024
Insider Transaction Report
Form 4
Becker Dietrich
DirectorPresident
Transactions
- Exercise/Conversion
Class A Common Stock
2024-10-31+95,410→ 866,871 total - Tax Payment
Class A Common Stock
2024-10-31$20.23/sh−44,842$907,154→ 822,029 total - Exercise/Conversion
Performance-Based Stock Units
2024-10-31−95,410→ 1,592,007 total→ Class A Common Stock (95,410 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]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.
- [F4]These PSUs vested on October 31, 2024, upon the achievement of certain service-based and performance-based vesting conditions.