David Adam Travin - May 24, 2023 Form 4 Insider Report for PJT Partners Inc. (PJT)

Role
General Counsel
Signature
/s/ David K.F. Gillis, as Attorney-in-Fact
Stock symbol
PJT
Transactions as of
May 24, 2023
Transactions value $
$0
Form type
4
Date filed
5/26/2023, 05:30 PM
Previous filing
Mar 24, 2023
Next filing
Jun 23, 2023

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 Restricted Stock Units Award $0 +8.01K +178.38% $0.00 12.5K May 24, 2023 Class A Common Stock 8.01K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Issuer Class A common stock.
F2 Restricted stock units granted by the Issuer to the reporting person as a long-term incentive award with respect to 2022 performance year. The restricted stock units vest ratably on each of March 1, 2025, 2026 and 2027 and will be settled in either Class A common stock or cash (or a combination thereof) at the Issuer's discretion.