James S. Levin - Jan 31, 2022 Form 4 Insider Report for Sculptor Capital Management, Inc. (SCU)

Role
CIO and CEO, Director
Signature
/s/ Wayne N. Cohen, power of attorney for James S. Levin
Stock symbol
SCU
Transactions as of
Jan 31, 2022
Transactions value $
-$339,642
Form type
4
Date filed
2/2/2022, 04:39 PM
Previous filing
Jan 5, 2022
Next filing
May 27, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCU Class A Shares Award $0 +1.04M +36.31% $0.00 3.91M Jan 31, 2022 Direct F1
transaction SCU Class A Shares Options Exercise $0 +30.7K +0.79% $0.00 3.94M Jan 31, 2022 Direct F2
transaction SCU Class A Shares Disposed to Issuer -$311K -16.4K -0.42% $18.93 3.92M Jan 31, 2022 Direct F3, F4
transaction SCU Class A Shares Tax liability -$28.3K -1.49K -0.04% $18.93 3.92M Jan 31, 2022 Direct F5
holding SCU Class A Shares 25.8K Jan 31, 2022 Held by Trusts

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 SCU Class A Restricted Share Units Award $0 +1.04M $0.00 1.04M Jan 31, 2022 Class A Shares 1.04M Direct F6, F7
transaction SCU Class A Restricted Share Units Options Exercise $0 -30.7K -100% $0.00* 0 Jan 31, 2022 Class A Shares 30.7K Direct F4, F8
holding SCU Class A Restricted Share Units 244K Jan 31, 2022 Class A Shares 244K Direct F4, F9
holding SCU Class A Restricted Share Units 398 Jan 31, 2022 Class A Shares 398 Held by Trusts F4, F9, F10
holding SCU Class A Restricted Share Units 63.6K Jan 31, 2022 Class A Shares 63.6K Direct F4, F11
holding SCU Class A Restricted Share Units 186K Jan 31, 2022 Class A Shares 186K Direct F4, F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of Class A Restricted Shares granted on January 31, 2022. The Class A Restricted Shares vest, subject to certain limited exceptions, in equal installments on January 1, 2023, January 1, 2024 and January 1, 2025.
F2 The amount shown represents the vesting of the Class A Restricted Share Units held by the Reporting Person.
F3 Represents Class A Restricted Share Units settled in cash by the Issuer.
F4 Each Class A Restricted Share Unit represents, at the election of the administrator of the applicable plan (currently the Issuer's Compensation Committee), a right to receive one of the Issuer's Class A Shares or the cash value thereof, upon the vesting date.
F5 Represents shares that have been withheld by the Issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of Class A Restricted Share Units.
F6 Each Class A Restricted Share Unit represents a right to receive the cash value of one of the Issuer's Class A Shares upon the vesting date.
F7 The Class A Restricted Share Units relate to Class A Restricted Share Units granted on January 31, 2022. The Class A Restricted Share Units vest, subject to certain limited exceptions, in equal installments on January 1, 2023, January 1, 2024 and January 1, 2025.
F8 The Class A Restricted Share Units relate to Class A Restricted Share Units granted on January 31, 2019.
F9 The Class A Restricted Share Units relate to Class A Restricted Share Units granted on February 16, 2018. The remaining Class A Restricted Share Units vest, subject to certain limited exceptions, on December 31, 2022.
F10 The Class A Restricted Share Units listed here are held in trusts. Pursuant to Rule 16a-1(a)(4) of the Securities Exchange Act of 1934, as amended, the Reporting Person herein states that this filing shall not be deemed an admission that he or any trust is the beneficial owner of any such interests, and disclaims beneficial ownership of such interests, except to the extent of his pecuniary interest therein.
F11 The Class A Restricted Share Units relate to Class A Restricted Share Units granted on January 31, 2020. The remaining Class A Restricted Share Units vest, subject to certain limited exceptions, on January 1, 2023.
F12 The Class A Restricted Share Units relate to Class A Restricted Share Units granted on January 31, 2021. The Class A Restricted Share Units vest, subject to certain limited exceptions, in equal installments on January 1, 2023 and January 1, 2024.