Kevin M. Costantino - Feb 7, 2022 Form 4 Insider Report for GREENHILL & CO INC (GHL)

Role
President
Signature
/s/ Harold J. Rodriguez, Jr., Attorney-in-Fact for Kevin M. Costantino
Stock symbol
GHL
Transactions as of
Feb 7, 2022
Transactions value $
$1,107,984
Form type
4
Date filed
2/9/2022, 03:29 PM
Previous filing
Feb 3, 2022
Next filing
Nov 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GHL Common Stock Options Exercise $318K +17K +78.34% $18.74 38.6K Feb 7, 2022 Direct
transaction GHL Common Stock Tax liability -$180K -9.63K -24.95% $18.74 29K Feb 7, 2022 Direct
transaction GHL Common Stock Options Exercise $1.8M +95.9K +331.08% $18.74 125K Feb 7, 2022 Direct
transaction GHL Common Stock Tax liability -$994K -53K -42.47% $18.74 71.8K Feb 7, 2022 Direct
transaction GHL Common Stock Options Exercise $374K +20K +27.78% $18.74 91.8K Feb 7, 2022 Direct
transaction GHL Common Stock Tax liability -$207K -11K -12.02% $18.74 80.8K Feb 7, 2022 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 -17K -50% $0.00 17K Feb 7, 2022 Common Stock 17K Direct F1
transaction GHL Restricted Stock Units Options Exercise $0 -95.9K -33.33% $0.00 192K Feb 7, 2022 Common Stock 95.9K Direct F2
transaction GHL Restricted Stock Units Options Exercise $0 -20K -25% $0.00 59.9K Feb 7, 2022 Common Stock 20K Direct F3
* 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 February 5, 2019 under the Greenhill & Co., Inc. Equity Incentive Plan. The units comprising the award vest in equal increments on each of the first, second, third and fourth anniversaries of the date of grant (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 February 7, 2022, the third vesting of this restricted stock unit award was settled in shares. Shares were withheld to satisfy applicable tax withholding obligations.
F2 This restricted stock unit award was granted on March 12, 2020 under the Greenhill & Co., Inc. 2019 Equity Incentive Plan. The units comprising the award vest in equal increments on January 1 of each of the first, second, third and fourth calendar years following the date of grant (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 February 7, 2022, the second vesting of this restricted stock unit award was settled in shares. Shares were withheld to satisfy applicable tax withholding obligations.
F3 This restricted stock unit award was granted on February 3, 2021 under the Greenhill & Co., Inc. 2019 Equity Incentive Plan. The units comprising the award vest in equal increments on January 1 of each of the first, second, third and fourth calendar years following the date of grant (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 February 7, 2022, the first vesting of this restricted stock unit award was settled in shares. Shares were withheld to satisfy applicable tax withholding obligations.