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PJT Partners Inc. — Director's Dealing 2020
Jul 28, 2020
30804_dirs_2020-07-28_77a07b73-1b92-47fd-bcdc-e845daea0365.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PJT Partners Inc. (PJT)
CIK: 0001626115
Period of Report: 2020-07-27
Reporting Person: Skaugen Grace Reksten (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-07-27 | Restricted Stock Units | $ | A | 1879 | Acquired | Class A Common Stock (1879) | Direct | |
| 2020-07-27 | Restricted Stock Units | $ | A | 1392 | Acquired | Class A Common Stock (1392) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of Issuer Class A common stock.
F2: The restricted stock units vest 25% on each of the first four anniversaries of the grant date. The restricted stock units will be settled on the earlier of the termination of service of such director or the fourth anniversary of the grant date and will be settled in either Class A common stock or cash (or a combination thereof) at the discretion of the Issuer's compensation committee.
F3: The restricted stock units vest in four substantially equal installments on each of August 31, 2020, November 30, 2020, February 28, 2021 and May 31, 2021. The restricted stock units will be settled on the earlier of the termination of service of such director or the fifth anniversary of the grant date and will be settled in either Class A common stock or cash (or a combination thereof) at the discretion of the Issuer's compensation committee.