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Evercore Inc. — Director's Dealing 2020
Feb 20, 2020
30471_dirs_2020-02-19_b53c316f-37b5-48b6-a4a4-d63dae4e6b1e.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Evercore Inc. (EVR)
CIK: 0001360901
Period of Report: 2020-02-15
Reporting Person: HYMAN EDWARD S (Vice Chair EPI & Chairman EISI)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-02-15 | Class E Units of Evercore LP | $ | M | 329736 | Acquired | Shares of Class A common stock, par value $0.01 per share (329736) | Indirect | |
| 2020-02-15 | Class J Units of Evercore LP | $ | M | 329736 | Disposed | Shares of Class A common stock, par value $0.01 per share (329736) | Indirect |
Footnotes
F1: Pursuant to the Certificate of Incorporation of Evercore Inc. and the Seventh Amended and Restated Limited Partnership Agreement of Evercore LP (the "LP Agreement"), as specified in the terms and conditions of the LP Agreement, Class E Units are, subject to certain restrictions, exchangeable on a one-for-one basis, without the payment of any consideration, into Class A common stock on quarterly exchange dates. Pursuant to the LP Agreement, Class J Units are convertible into Class E Units, without the payment of any consideration, on the occurrence of specified conversion dates pursuant the LP Agreement.
F2: The Reporting Person acquired 329,736 Class E units as a result of the conversion of 329,736 Class J Units on February 15, 2020 and an aggregate of 1,405 Class E Units as a result of internal reallocations of Evercore LP Units following the departure of Evercore LP partners pursuant to the terms and conditions of the LP Agreement.
F3: The Reporting Person holds 2,545,205 Class E Units through ISI Holding Inc. and ISI Holding II, Inc., each of which is a corporation controlled by the Reporting Person. Following the Conversion, the Reporting Person will hold 0 Class J Units.