Bednar Andrew 4
4 · Perella Weinberg Partners · Filed Jan 3, 2025
Insider Transaction Report
Form 4
Bednar Andrew
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2024-12-31+137,358→ 731,365 total - Exercise/Conversion
Performance-Based Stock Units
2024-12-31−137,358→ 1,381,036 total→ Class A Common Stock (137,358 underlying)
Footnotes (3)
- [F1]Each performance-based restricted stock unit ("PSU") represents a contingent right to receive one share of Class A common stock.
- [F2]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.
- [F3]These PSUs vested on December 31, 2024, upon the achievement of certain service-based and performance-based vesting conditions.