Daniel G. Cohen - 24 Jun 2021 Form 4 Insider Report for Perella Weinberg Partners (PWP)

Role
Director
Signature
/s/ Amanda Abrams, Attorney-in-Fact
Issuer symbol
PWP
Transactions as of
24 Jun 2021
Net transactions value
-$2,560
Form type
4
Filing time
29 Jun 2021, 17:36:53 UTC
Previous filing
23 Jun 2021
Next filing
19 Jul 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PWP Class A Common Stock Options Exercise $0 +81,825 $0.000000 81,825 24 Jun 2021 By FinTech Masala Advisors IV, LLC F1, F6
transaction PWP Class A Common Stock Options Exercise $0 +81,825 $0.000000 81,825 24 Jun 2021 By DGC Family FinTech Trust F6, F7
transaction PWP Class A Common Stock Options Exercise $0 +914,736 $0.000000 914,736 24 Jun 2021 By Cohen Sponsor Interests IV, LLC F2, F6
transaction PWP Class A Common Stock Options Exercise $0 +914,735 $0.000000 914,735 24 Jun 2021 By DGC Family FinTech Trust F3, F6

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 Disposed to Issuer $0 -13,003 -13% $0.000000 86,997 24 Jun 2021 Class A Common Stock 13,003 By FinTech Masala Advisors IV, LLC F1, F4, F5
transaction PWP Class B Common Stock Sale $51.72 -5,172 -5.9% $0.0100* 81,825 24 Jun 2021 Class A Common Stock 5,172 By FinTech Masala Advisors IV, LLC F1, F8
transaction PWP Class B Common Stock Options Exercise -81,825 -100% 0 24 Jun 2021 Class A Common Stock 81,825 By FinTech Masala Advisors IV, LLC F1, F6
transaction PWP Class B Common Stock Disposed to Issuer $0 -13,003 -13% $0.000000 86,997 24 Jun 2021 Class A Common Stock 13,003 By DGC Family FinTech Trust F4, F5, F7
transaction PWP Class B Common Stock Sale $51.72 -5,172 -5.9% $0.0100* 81,825 24 Jun 2021 Class A Common Stock 5,172 By DGC Family FinTech Trust F7, F8
transaction PWP Class B Common Stock Options Exercise -81,825 -100% 0 24 Jun 2021 Class A Common Stock 81,825 By DGC Family FinTech Trust F6, F7
transaction PWP Class B Common Stock Disposed to Issuer $0 -155,082 -13% $0.000000 1,037,585 24 Jun 2021 Class A Common Stock 155,082 By Cohen Sponsor Interests IV, LLC F2, F4, F5
transaction PWP Class B Common Stock Sale $1,228 -122,849 -12% $0.0100* 914,736 24 Jun 2021 Class A Common Stock 122,849 By Cohen Sponsor Interests IV, LLC F2, F8
transaction PWP Class B Common Stock Options Exercise -914,736 -100% 0 24 Jun 2021 Class A Common Stock 914,736 By Cohen Sponsor Interests IV, LLC F2, F6
transaction PWP Class B Common Stock Disposed to Issuer $0 -155,083 -13% $0.000000 1,037,583 24 Jun 2021 Class A Common Stock 155,083 By DGC Family FinTech Trust F3, F4, F5
transaction PWP Class B Common Stock Sale $1,228 -122,848 -12% $0.0100* 914,735 24 Jun 2021 Class A Common Stock 122,848 By DGC Family FinTech Trust F3, F8
transaction PWP Class B Common Stock Options Exercise -914,735 -100% 0 24 Jun 2021 Class A Common Stock 914,735 By DGC Family FinTech Trust F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares held directly by FinTech Masala Advisors IV, LLC ("Masala"). The reporting person is a member of Masala. The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for any other purpose.
F2 Represents shares held directly by FinTech Investor Holdings IV, LLC ("Holdings") and Masala, each of which is managed by Cohen Sponsor Interests IV, LLC ("Manager"). The reporting person indirectly owns one-third of Manager. The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for any other purpose.
F3 Represents shares held directly by Holdings and Masala, each of which is managed by Manager. DGC Family FinTech Trust (the "Trust") indirectly owns one-third of Manager. The children of the reporting person are beneficiaries of the Trust. The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for any other purpose.
F4 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. 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.
F5 (Continued from Footnote 4) 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.
F6 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.
F7 Represents shares held directly by Masala. The Trust is a member of Masala. The children of the reporting person are beneficiaries of the Trust. The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for any other purpose.
F8 Represents shares transferred to other members of Holdings and Masala pursuant to certain side letters by and among certain members of Holdings and Masala.