Peter M. Ziemba - Jan 30, 2023 Form 4 Insider Report for WisdomTree, Inc. (WT)

Role
Chief Administrative Officer
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, 03:09 PM
Previous filing
Mar 3, 2023
Next filing
Jun 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WT Common Stock Options Exercise $0 +8.23K +0.76% $0.00 1.1M Jan 30, 2023 Direct F1, F2, F3
transaction WT Common Stock Tax liability $0 -2.97K -0.27% $0.00 1.1M 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 -8.23K -100% $0.00* 0 Jan 30, 2023 Common Stock 8.23K 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 580 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) 68,889 shares on January 25, 2024, (ii) 53,805 shares on January 25, 2025 and (iii) 34,040 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.