Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MC | 2022 Vested Incentive RSUs | Award | $0 | +38.3K | $0.00 | 38.3K | Feb 16, 2023 | Class A Common Stock | 38.3K | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Each Vested 2022 Incentive RSU represents the right to receive upon delivery either, at Moelis & Company's option, a share of Class A common stock or an amount in cash equal to the fair market value of such share. Grant of Restricted Stock Units pursuant to the Moelis & Company 2014 Omnibus Incentive Plan. |
F2 | The Vested 2022 Incentive Restricted Stock Units vest at grant and are delivered in equal installments on each of the following dates: February 23, 2024, February 23, 2025, February 23, 2026, February 23, 2027 and February 23, 2028 (each date, a "Delivery Date"). The Vested 2022 Incentive Restricted Stock Units not yet delivered are subject to sale and non-compete restrictions through the applicable Delivery Date. |