R. Jarrett Lilien - Jan 30, 2023 Form 4 Insider Report for WisdomTree, Inc. (WT)

Role: President and COO
Signature: /s/ Marci Frankenthaler, Attorney-in-Fact
Stock symbol: WT
Transactions as of: Jan 30, 2023
Transactions value $: $0
Form type: 4
Date filed: 2/1/2023, 03:07 PM
Previous filing: Mar 3, 2023
Next filing: Jan 29, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WT	Common Stock	Options Exercise	$0	+10.8K	+1.42%	$0.00	772K	Jan 30, 2023	Direct	F1, F2, F3
transaction	WT	Common Stock	Tax liability	$0	-4.37K	-0.57%	$0.00	768K	Jan 30, 2023	Direct	F3, F4

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	WT	Performance Based Restricted Stock Units	Options Exercise	$0	-10.8K	-100%	$0.00^*	0	Jan 30, 2023	Common Stock	10.8K		Direct	F1, F2, F5

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

Explanation of Responses:

Id	Content
F1	Each performance-based restricted stock unit ("PRSU") represented the right to receive, on the vesting date, one share of common stock for each such unit that vested.
F2	Includes the reinvestment of dividend equivalents into 762 PRSUs between the grant date and vesting date. Each PRSU represented the right to receive, on the vesting date, one share of common stock for each such unit that vested.
F3	Includes restricted stock awards vesting as to (i) 117,307 shares on January 25, 2024, (ii) 94,680 shares on January 25, 2025 and (iii) 65,165 shares on January 25, 2026.
F4	Shares withheld by the Issuer upon vesting of PRSUs to cover withholding taxes.
F5	These PRSUs were granted by the Issuer on January 25, 2020 and vested on January 25, 2023. The ultimate number of shares that could have vested was between 0 and 200% of the previously reported target number of PRSUs based on the total shareholder return ("TSR") of the Issuer's common stock relative to the respective TSRs of the stocks of a peer group of companies, each measured over a 3-year period from the grant date ("Relative TSR"). Based on a report issued by an independent valuation specialist and certified by the Issuer's compensation committee on January 30, 2023, the Relative TSR measured in the 38th percentile, resulting in the vesting of 76.92% of the target number of PRSUs.