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Evercore Inc. — Director's Dealing 2016
Feb 18, 2016
30471_dirs_2016-02-17_9e290b95-01d7-421d-bcb5-b8802fbba853.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Evercore Partners Inc. (EVR)
CIK: 0001360901
Period of Report: 2016-02-15
Reporting Person: HYMAN EDWARD S (Vice Chair EPI & Chairman EISI)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-02-15 | Class E Units of Evercore LP | $ | A | 179276 | Acquired | Shares of Class A common stock, par value $0.01 per share (179276) | Indirect |
Footnotes
F1: On February 15, 2016, a portion of the Class G interests in Evercore LP held by the Reporting Person converted into a total of 179,276 Class E units due to the achievement of financial performance targets for Evercore's equity sales, trading and research business, as specified in the terms and conditions of the Class G interests. Pursuant to the Certificate of Incorporation of Evercore Partners Inc. and the Limited Partnership Agreement of Evercore LP, these newly delivered Class E units are, subject to certain restrictions, currently exchangeable on a one-for-one basis, without the payment of any consideration, into Class A common stock on quarterly exchange dates.
F2: The Reporting Person holds 1,358,136 of his total Class E units through ISI Holding, Inc. and 4,360 of the Class E units through ISI Holding II, Inc., each of which is a corporation controlled by the Reporting Person.