Cohen Sponsor Interests IV, LLC - Jun 24, 2021 Form 4 Insider Report for Perella Weinberg Partners (PWP)

Role
10%+ Owner
Signature
/s/ Amanda Abrams, Attorney-in-Fact
Stock symbol
PWP
Transactions as of
Jun 24, 2021
Transactions value $
$0
Form type
4
Date filed
6/28/2021, 09:47 PM
Next filing
Jan 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PWP Class A Common Stock Options Exercise $0 +2.34M +383.64% $0.00 2.95M Jun 24, 2021 By FinTech Investor Holdings IV, LLC F1, F4
transaction PWP Class A Common Stock Options Exercise $0 +4.51M $0.00 4.51M Jun 24, 2021 By FinTech Masala Advisors IV, LLC F1, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PWP Class B Common Stock Purchase $1.3K +130K +5.14% $0.01* 2.67M Jun 24, 2021 Class A Common Stock 130K By FinTech Investor Holdings IV, LLC F1, F5
transaction PWP Class B Common Stock Disposed to Issuer $0 -330K -12.37% $0.00 2.34M Jun 24, 2021 Class A Common Stock 330K By FinTech Investor Holdings IV, LLC F1, F2, F3
transaction PWP Class B Common Stock Options Exercise -2.34M -100% 0 Jun 24, 2021 Class A Common Stock 2.34M By FinTech Investor Holdings IV, LLC F1, F4
transaction PWP Warrants Award +203K 203K Jun 24, 2021 Class A Common Stock 203K $11.50 By FinTech Investor Holdings IV, LLC F1, F6
transaction PWP Class B Common Stock Sale -$1.3K -130K -2.45% $0.01* 5.2M Jun 24, 2021 Class A Common Stock 130K By FinTech Masala Advisors IV, LLC F1, F5
transaction PWP Class B Common Stock Disposed to Issuer $0 -693K -13.33% $0.00 4.51M Jun 24, 2021 Class A Common Stock 693K By FinTech Masala Advisors IV, LLC F1, F2, F3
transaction PWP Class B Common Stock Options Exercise -4.51M -100% 0 Jun 24, 2021 Class A Common Stock 4.51M By FinTech Masala Advisors IV, LLC F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Cohen Sponsor Interests IV, LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Represents shares held directly by FinTech Investor Holdings IV, LLC ("Holdings") and FinTech Masala Advisors IV, LLC ("Masala"), each of which is managed by Cohen Sponsor Interests IV, LLC ("Manager"). FinTech Masala, LLC ("Masala LLC") is the sole member of Manager. FinTech Masala Holdings, LLC ("Masala Holdings") is the sole member of Masala LLC. As a result, each of Manager, Masala LLC, and Masala Holdings shares voting and investment power over the shares held directly by Holdings and Masala.
F2 On June 24, 2021 (the "Closing Date"), Perella Weinberg Partners (f/k/a FinTech Acquisition Corp. IV) (the "Issuer") completed the business combination (the "Business Combination") contemplated by that certain Business Combination Agreement, dated as of December 29, 2020, by and among the Issuer, Holdings, Masala, PWP Holdings LP ("PWP OpCo"), PWP GP LLC, PWP Professional Partners LP, and Perella Weinberg Partners LLC.
F3 (Continued from Footnote 2) In connection with the Business Combination, on the Closing Date, upon consummation of the Business Combination, each of the Issuer's outstanding shares of Class B Common Stock automatically converted into one share of Class A Common Stock. However, pursuant to that certain Sponsor Share Surrender And Share Restriction Agreement, dated as of December 29, 2020, by and among the Issuer, Holdings, Masala, and PWP OpCo, as amended, concurrent with the consummation of the Business Combination, these shares of Class B Common Stock were forfeited to the Issuer immediately prior to the Business Combination.
F4 In connection with the Business Combination, on the Closing Date, each of the Issuer's outstanding shares of Class B Common Stock automatically converted into one share of Class A Common Stock.
F5 Represents shares transferred from Masala to Holdings pursuant to certain side letters by and among certain members of Holdings and Masala.
F6 Upon consummation of the Business Combination, the warrants to purchase shares of Class A Common Stock of the Issuer became exercisable 30 days thereafter.