Betsy Z. Cohen - Jun 24, 2021 Form 4 Insider Report for Perella Weinberg Partners (PWP)

Role
Director
Signature
/s/ Amanda Abrams, Attorney-in-Fact
Stock symbol
PWP
Transactions as of
Jun 24, 2021
Transactions value $
-$1,228
Form type
4
Date filed
6/29/2021, 05:37 PM
Previous filing
Jun 23, 2021
Next filing
Jun 29, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PWP Class A Common Stock Options Exercise $0 +915K $0.00 915K Jun 24, 2021 By Cohen Sponsor Interests 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 Disposed to Issuer $0 -155K -13% $0.00 1.04M Jun 24, 2021 Class A Common Stock 155K By Cohen Sponsor Interests IV, LLC F1, F2, F3
transaction PWP Class B Common Stock Sale -$1.23K -123K -11.84% $0.01* 915K Jun 24, 2021 Class A Common Stock 123K By Cohen Sponsor Interests IV, LLC F1, F5
transaction PWP Class B Common Stock Options Exercise -915K -100% 0 Jun 24, 2021 Class A Common Stock 915K By Cohen Sponsor Interests IV, LLC F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Betsy Z. Cohen 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"). The reporting person indirectly owns one-third of Manager. The reporting person disclaims beneficial ownership of these securities, except to the extent of her 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 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.
F3 (Continued from Footnote 2) 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 to other members of Holdings and Masala pursuant to certain side letters by and among certain members of Holdings and Masala.