Edward S. Hyman - Feb 24, 2022 Form 4 Insider Report for Evercore Inc. (EVR)

Role: Vice Chair EVR & Chairman EISI
Signature: /s/ Jason Klurfeld, as Attorney-in-Fact
Stock symbol: EVR
Transactions as of: Feb 24, 2022
Transactions value $: $0
Form type: 4
Date filed: 2/25/2022, 04:01 PM
Previous filing: Feb 17, 2022
Next filing: Feb 7, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EVR	Shares of Class A common stock, par value $0.01 per share	Conversion of derivative security		+2.55M	+4448.73%		2.6M	Feb 24, 2022	Shares held in Corporation	F1, F2, F3, F4
transaction	EVR	Shares of Class A common stock, par value $0.01 per share	Other		-458K	-17.6%		2.14M	Feb 24, 2022	Direct	F1, F2

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	EVR	Class E Units of Evercore LP	Conversion of derivative security		-2.55M	-100%		0	Feb 24, 2022	Shares of Class A common stock, par value $0.01 per share	2.55M		Shares held in Corporation	F1, F2, F4
holding	EVR	Class A Units of Evercore LP						1.2K	Feb 24, 2022	Class A Units of Evercore LP			Direct	F2

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

Explanation of Responses:

Id	Content
F1	On February 24, 2022, ISI Holding Inc. ("ISI Holding") exercised its existing conversion rights under the terms of the Seventh Amended and Restated Partnership Agreement of Evercore L.P. (the "LP Agreement") to exchange all 2,545,205 of the Evercore L.P. Class E Units owned by it for 2,545,205 shares of Class A common stock of Evercore Inc. Immediately following the exchange, ISI Holding distributed the Class A common stock of Evercore Inc. received in the exchange to its stockholders (including the Reporting Person) in accordance with their ownership interests in ISI Holding. As a result of the distribution, 2,087,068 shares of Class A common stock were distributed to the Reporting Person directly, and 458,137 shares of Class A common stock were distributed to an individual who is not a related person of the Reporting Person.
F2	Pursuant to the Certificate of Incorporation of Evercore Inc. and the LP Agreement, as specified in the terms and conditions of the LP Agreement, Class E Units are, subject to certain restrictions, exchangeable on a one-for-one basis, without the payment of any consideration, into shares of Class A common stock.
F3	Includes Shares of Class A Common Stock and unvested restricted stock units.
F4	The Reporting Person held the shares and/or LP Units (as applicable) through ISI Holding Inc., which was a corporation controlled by the Reporting Person.