Paul J. Taubman - 31 Aug 2022 Form 4 Insider Report for PJT Partners Inc. (PJT)

Role
Chairman and CEO, Director
Signature
/s/ Helen T. Meates, Attorney-in-Fact
Issuer symbol
PJT
Transactions as of
31 Aug 2022
Net transactions value
$0
Form type
4
Filing time
02 Sep 2022, 20:00:13 UTC
Previous filing
11 Feb 2022
Next filing
06 Aug 2024
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 Partnership Units of PJT Partners Holdings LP Gift $0 -250,000 -4% $0.000000 6,000,000 31 Aug 2022 Class A Common Stock 250,000 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Partnership Units of PJT Partners Holdings LP ("Partnership Units") may be exchanged for cash or, at the election of the Issuer, shares of Class A common stock of the Issuer on a one-for-one basis.
F2 Reflects a charitable gift of Partnership Units.
F3 Includes Partnership Units that were acquired upon the occurrence of specified vesting events or grants and previously reported as Earn-Out LTIP Units of PJT Partners Holdings LP and LTIP Units of PJT Partners Holdings LP. Of the 6,000,000 Partners Units reported, 1,000,000 remain subject to previously disclosed time and performance vesting conditions.