Kenneth C. Whitney - 01 Jun 2021 Form 4 Insider Report for PJT Partners Inc. (PJT)

Role: Director
Signature: /s/Salvatore Rappa, as Attorney-in-Fact
Issuer symbol: PJT
Transactions as of: 01 Jun 2021
Net transactions value: $0
Form type: 4
Filing time: 03 Jun 2021, 16:19:57 UTC
Next filing: 21 Jun 2021
SEC: View on sec.gov

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	Award	$0	+1,187	+21%	$0.000000	6,777	01 Jun 2021	Class A Common Stock	1,187		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of Issuer Class A common stock.
F2	The restricted stock units vest in four substantially equal installments on each of August 31, 2021, November 30, 2021, February 28, 2022 and May 31, 2022. The restricted stock units will be settled on the earlier of the termination of service of such director or the fifth anniversary of the grant date and will be settled in either Class A common stock or cash (or a combination thereof) at the discretion of the Issuer's compensation committee.

Content

Each restricted stock unit represents a contingent right to receive one share of Issuer Class A common stock.

The restricted stock units vest in four substantially equal installments on each of August 31, 2021, November 30, 2021, February 28, 2022 and May 31, 2022. The restricted stock units will be settled on the earlier of the termination of service of such director or the fifth anniversary of the grant date and will be settled in either Class A common stock or cash (or a combination thereof) at the discretion of the Issuer's compensation committee.