Christopher Callesano - Feb 22, 2023 Form 4 Insider Report for Moelis & Co (MC)

Role: Principal Accounting Officer
Signature: /s/ Osamu Watanabe as attorney-in-fact for Christopher Callesano
Stock symbol: MC
Transactions as of: Feb 22, 2023
Transactions value $: -$45,728
Form type: 4
Date filed: 2/24/2023, 07:22 PM
Previous filing: Feb 21, 2023
Next filing: Mar 30, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MC	Class A Common Stock	Options Exercise		+2.13K			2.13K	Feb 23, 2023	Direct	F1
transaction	MC	Class A Common Stock	Tax liability	-$45.7K	-1.09K	-51.11%	$42.06	1.04K	Feb 23, 2023	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	MC	2018 Incentive Restricted Stock Units	Options Exercise	$0	-733	-100%	$0.00^*	0	Feb 23, 2023	Class A Common Stock	733		Direct	F2
transaction	MC	2019 Incentive Restricted Stock Units	Options Exercise	$0	-670	-33.29%	$0.00	1.34K	Feb 23, 2023	Class A Common Stock	670		Direct	F2
transaction	MC	2020 Incentive Restricted Stock Units	Options Exercise	$0	-389	-25%	$0.00	1.17K	Feb 23, 2023	Class A Common Stock	389		Direct	F2
transaction	MC	2021 Incentive Restricted Stock Units	Options Exercise	$0	-335	-19.96%	$0.00	1.34K	Feb 23, 2023	Class A Common Stock	368		Direct	F2
transaction	MC	2021 Vested LP Units of Moelis & Co Group Employee Holdings	Award	$0	+1.93K		$0.00	1.93K	Feb 22, 2023	Class A Common Stock	1.93K		Direct	F3, F4

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

Explanation of Responses:

Id	Content
F1	Shares of Class A Common Stock were acquired upon settlement of Restricted Stock Units (RSUs).
F2	The RSUs were settled for Class A common stock on February 23, 2023.
F3	Limited partnership units ("LP Units") of Moelis & Company Group Employee Holdings LP ("MCGEH") may be redeemed by the holder for shares of Class A Common Stock on a one-for-one basis pursuant to the terms of the Second Amended and Restated Limited Partnership Agreement of MCGEH.
F4	Reflects a profits interest award in the form of LP Units granted to the Reporting Person on February 17, 2022 in connection with compensation awarded for the 2021 fiscal year (the "2021 Vested LP Units"). The 2021 Vested LP Units vest at grant and may be redeemed by the holder for shares of Class A Common Stock on a one-for-one basis on the third anniversary of the grant date (February 2025) and a sufficient amount of profits have been allocated to the holder of the LP Units (the "Book-Up"). On February 22, 2023, the Issuers Compensation Committee certified the achievement of the Book-Up. In addition, the LP Units are subject to sale and non-compete restrictions through the third anniversary of the grant date. The redemption rights described herein do not expire.