STEEL ROBERT K 4
4 · Perella Weinberg Partners · Filed Sep 3, 2025
Insider Transaction Report
Form 4
STEEL ROBERT K
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2025-08-31+30,000→ 128,772 total - Tax Payment
Class A Common Stock
2025-09-02$22.13/sh−15,315$338,921→ 113,457 total - Exercise/Conversion
Performance-Based Stock Units
2025-08-31−30,000→ 60,000 total→ Class A Common Stock (30,000 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 five equal installments on the 36, 42, 48, 54 and 60 month anniversaries of the grant date and (ii) performance-based vesting conditions that are satisfied upon the achievement of closing stock price hurdles for 20 out of any 30 consecutive trading days equal to $12, $13.50, $15 and $17, in each case prior to the sixth anniversary of the grant date.
- [F4]These PSUs vested on August 31, 2025, upon the achievement of certain service-based and performance-based vesting conditions.