Helen T. Meates - Feb 29, 2024 Form 4 Insider Report for PJT Partners Inc. (PJT)

Signature
/s/ David K.F. Gillis, as Attorney-in-Fact
Stock symbol
PJT
Transactions as of
Feb 29, 2024
Transactions value $
-$1,885,522
Form type
4
Date filed
3/4/2024, 05:17 PM
Previous filing
Feb 14, 2024
Next filing
Mar 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PJT Class A Common Stock Sale -$1.36M -12.9K -20.93% $105.51 48.8K Feb 29, 2024 Direct F1
transaction PJT Class A Common Stock Sale -$522K -5K -10.24% $104.34 43.8K Mar 1, 2024 Direct
transaction PJT Class A Common Stock Options Exercise +6.54K +14.92% 50.4K Mar 1, 2024 Direct F2
holding PJT Class A Common Stock 286 Feb 29, 2024 By Children F3

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 PJT Restricted Stock Units Options Exercise $0 -6.54K -15.74% $0.00 35K Mar 1, 2024 Class A Common Stock 6.54K Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $105.32 to $105.65, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F2 Represents Class A common stock of the Issuer acquired upon settlement of a restricted stock unit award previously granted to the Reporting Person.
F3 The Reporting Person disclaims beneficial ownership of the securities held by her children, and this report should not be deemed an admission that the Reporting Person is the beneficial owner of her children's shares for the purposes of Section 16 or any other purpose.
F4 Restricted stock units convert into shares of Class A common stock of the Issuer on a one-for-one basis.
F5 Restricted stock units previously granted by the Issuer to the Reporting Person as a long-term incentive award.