Home/Filings/4/0001777835-24-000178
4//SEC Filing

Bednar Andrew 4

Accession 0001777835-24-000178

CIK 0001777835other

Filed

Nov 3, 7:00 PM ET

Accepted

Nov 4, 4:38 PM ET

Size

9.2 KB

Accession

0001777835-24-000178

Insider Transaction Report

Form 4
Period: 2024-10-31
Bednar Andrew
DirectorChief Executive Officer
Transactions
  • Exercise/Conversion

    Class A Common Stock

    2024-10-31+95,410915,672 total
  • Tax Payment

    Class A Common Stock

    2024-10-31$20.23/sh48,707$985,343866,965 total
  • Exercise/Conversion

    Performance-Based Stock Units

    2024-10-3195,4101,592,007 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.

Issuer

Perella Weinberg Partners

CIK 0001777835

Entity typeother

Related Parties

1
  • filerCIK 0001867860

Filing Metadata

Form type
4
Filed
Nov 3, 7:00 PM ET
Accepted
Nov 4, 4:38 PM ET
Size
9.2 KB