David Wyles - Nov 7, 2022 Form 4 Insider Report for GREENHILL & CO INC (GHL)

Role: President
Signature: /s/ Harold J. Rodriguez, Jr., Attorney-in-Fact for David A. Wyles
Stock symbol: GHL
Transactions as of: Nov 7, 2022
Transactions value $: $361,526
Form type: 4
Date filed: 11/9/2022, 03:35 PM
Previous filing: Aug 8, 2022
Next filing: Feb 9, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GHL	Common Stock	Options Exercise	$699K	+69.4K	+1471.58%	$10.06	74.2K	Nov 7, 2022	Direct
transaction	GHL	Common Stock	Tax liability	-$337K	-33.5K	-45.18%	$10.06	40.7K	Nov 7, 2022	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	GHL	Restricted Stock Units	Options Exercise	$0	-69.4K	-100%	$0.00^*	0	Nov 7, 2022	Common Stock	69.4K		Direct	F1

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

Explanation of Responses:

Id	Content
F1	This restricted stock unit award was granted on September 25, 2017 under the Greenhill & Co., Inc. Equity Incentive Plan. The units comprising the award vest in full on the fifth anniversary of date of grant and are subject to payment within 75 days following such vesting date. Each unit represents a right to receive one share of Common Stock or an amount equal to the market value of the Common Stock underlying the vested award on the vesting date. Payment may be made in cash, shares of Common Stock or a combination thereof. On November 7, 2022, the vesting of this restricted stock unit award was settled in shares. Shares were withheld to satisfy applicable tax withholding obligations.

Content

This restricted stock unit award was granted on September 25, 2017 under the Greenhill & Co., Inc. Equity Incentive Plan. The units comprising the award vest in full on the fifth anniversary of date of grant and are subject to payment within 75 days following such vesting date. Each unit represents a right to receive one share of Common Stock or an amount equal to the market value of the Common Stock underlying the vested award on the vesting date. Payment may be made in cash, shares of Common Stock or a combination thereof. On November 7, 2022, the vesting of this restricted stock unit award was settled in shares. Shares were withheld to satisfy applicable tax withholding obligations.