David Wyles - Aug 5, 2021 Form 4 Insider Report for GREENHILL & CO INC (GHL)

Role: President
Signature: /s/ Harold J. Rodriguez, Jr., Attorney-in-Fact for David A. Wyles
Stock symbol: GHL
Transactions as of: Aug 5, 2021
Transactions value $: $73,398
Form type: 4
Date filed: 8/9/2021, 04:10 PM
Next filing: Feb 3, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GHL	Common Stock	Options Exercise	$139K	+9.12K		$15.19	9.12K	Aug 5, 2021	Direct
transaction	GHL	Common Stock	Tax liability	-$65.1K	-4.29K	-47.01%	$15.19	4.83K	Aug 5, 2021	Direct

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	GHL	Restricted Stock Units	Options Exercise	$0	+9.12K	+911800%	$0.00	9.12K	Aug 5, 2021	Common Stock	9.12K		Direct	F1

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

Explanation of Responses:

Id	Content
F1	This restricted stock unit award was granted on August 2, 2018 under the Greenhill & Co., Inc. Equity Incentive Plan. The units comprising the award vest in increments of 20% on June 30, 2019, 20% on June 30, 2020, 30% on June 30, 2021 and 30% on June 30, 2022(each, a vesting date) and are subject to payment within 75 days following each such vesting date. Each unit represents a right to receive one share of Common Stock or an amount equal to the market value of the Common Stock underlying the vested award on the applicable vesting date. Payment may be made in cash, shares of Common Stock or a combination thereof. On August 5, 2021, the third vesting of this restricted stock unit award was settled in shares. Shares were withheld to satisfy applicable tax withholding obligation.

Content

This restricted stock unit award was granted on August 2, 2018 under the Greenhill & Co., Inc. Equity Incentive Plan. The units comprising the award vest in increments of 20% on June 30, 2019, 20% on June 30, 2020, 30% on June 30, 2021 and 30% on June 30, 2022(each, a vesting date) and are subject to payment within 75 days following each such vesting date. Each unit represents a right to receive one share of Common Stock or an amount equal to the market value of the Common Stock underlying the vested award on the applicable vesting date. Payment may be made in cash, shares of Common Stock or a combination thereof. On August 5, 2021, the third vesting of this restricted stock unit award was settled in shares. Shares were withheld to satisfy applicable tax withholding obligation.