John S. Weinberg - Mar 1, 2022 Form 4 Insider Report for Evercore Inc. (EVR)

Signature
/s/ Jason Klurfeld, as Attorney-in-Fact
Stock symbol
EVR
Transactions as of
Mar 1, 2022
Transactions value $
$14,933,320
Form type
4
Date filed
3/3/2022, 04:00 PM
Previous filing
Feb 17, 2022
Next filing
May 20, 2022

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 Tax liability $14.9M +119K +24.64% $125.01 604K Mar 1, 2022 Direct F1

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 I-P Units of Evercore LP Conversion of derivative security -400K -100% 0 Mar 1, 2022 Shares of Class A common stock, par value $0.01 per share 400K Direct F2, F3
transaction EVR Class I Units of Evercore LP Conversion of derivative security +400K 400K Mar 1, 2022 Shares of Class A common stock, par value $0.01 per share 400K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were surrendered to Evercore Inc. for the payment of taxes in connection with the vesting of previously granted restricted stock unit awards.
F2 Pursuant to the Restated Certificate of Incorporation of Evercore Inc., Evercore LP partnership units are, subject to certain restrictions in the Evercore LP partnership agreement, exchangeable on a one-to-one basis for shares of Evercore Inc. Class A common stock, subject to customary conversion rate adjustments for stock splits, stock dividends and reclassifications.
F3 On March 1, 2022, in accordance with their terms, the 400,000 Class I-P Units of Evercore LP owned by Mr. Weinberg automatically vested and converted into 400,000 Class I Units of Evercore LP.