Kevin M. Costantino - Nov 7, 2022 Form 4 Insider Report for GREENHILL & CO INC (GHL)

Role
President
Signature
/s/ Harold J. Rodriguez, Jr., Attorney-in-Fact for Kevin M. Costantino
Stock symbol
GHL
Transactions as of
Nov 7, 2022
Transactions value $
$262,928
Form type
4
Date filed
11/9/2022, 03:43 PM
Previous filing
Feb 9, 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 $349K +34.7K +42.99% $10.06 115K Nov 7, 2022 Direct
transaction GHL Common Stock Tax liability -$193K -19.2K -16.63% $10.06 96.3K Nov 7, 2022 Direct
transaction GHL Common Stock Options Exercise $239K +23.8K +24.67% $10.06 120K Nov 7, 2022 Direct
transaction GHL Common Stock Tax liability -$132K -13.1K -10.94% $10.06 107K 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 -34.7K -100% $0.00* 0 Nov 7, 2022 Common Stock 34.7K Direct F1
transaction GHL Restricted Stock Units Options Exercise $0 -23.8K -100% $0.00* 0 Nov 7, 2022 Common Stock 23.8K Direct F2
* 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.
F2 This restricted stock unit award was granted on February 6, 2018 under the Greenhill & Co., Inc. Equity Incentive Plan. The units comprising the award vest in full on September 30, 2022 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.