David Adam Travin - Aug 6, 2024 Form 4 Insider Report for PJT Partners Inc. (PJT)

Role
General Counsel
Signature
/s/ David K.F. Gillis, as Attorney-in-Fact
Stock symbol
PJT
Transactions as of
Aug 6, 2024
Transactions value $
-$127,565
Form type
4
Date filed
8/6/2024, 05:45 PM
Previous filing
Jun 24, 2024
Next filing
Sep 20, 2024

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 Partnership Units of PJT Partners Holdings LP Options Exercise -$128K -1K -5.48% $127.56 17.2K Aug 6, 2024 Class A Common Stock 1K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Subject to the terms of the Issuer's Exchange Agreement, on a quarterly basis, Partnership Units of PJT Partners Holdings LP ("Partnership Units") may be exchanged for cash or, at the election of the Issuer, shares of Class A Common Stock of the Issuer on a one-for-one basis.
F2 Effective August 6, 2024, the Reporting Person's Partnership Units were exchanged for cash.
F3 Includes Partnership Units that were acquired upon the occurence of specified vesting events or grants and previously reported as Performance LTIP Units of PJT Partners Holdings LP. Of the 17,249 Partnership Units reported, 12,892 remain subject to previously disclosed time and/or performance vesting conditions.