| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PWP | Class A Common Stock | Options Exercise | $0 | +48.5K | +6.09% | $0.00 | 845K | Sep 30, 2024 | Direct | |
| transaction | PWP | Class A Common Stock | Tax liability | -$478K | -24.8K | -2.93% | $19.31 | 820K | Sep 30, 2024 | Direct | F1 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PWP | Performance-Based Stock Units | Options Exercise | $0 | -48.5K | -2.8% | $0.00 | 1.69M | Sep 30, 2024 | Class A Common Stock | 48.5K | Direct | F2, F3, F4 |
| Id | Content |
|---|---|
| F1 | Represents deemed disposition of shares of Class A common stock to the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units. |
| F2 | Each performance-based restricted stock unit ("PSU") represents a contingent right to receive one share of Class A common stock. |
| F3 | The PSUs granted on August 31, 2021 vest based on the achievement of (i) service-based vesting conditions that are satisfied in two equal installments on the third and fifth anniversaries of the grant date, subject to a 50% holdback after the first vesting date, and (ii) performance-based vesting conditions that are satisfied upon the achievement, as measured on the last calendar day of each month, of closing stock prices equal to $15, $20, $25 and $30 (subject to linear interpolation) for 20 out of any 30 consecutive trading days, in each case prior to the fifth anniversary of the grant date. |
| F4 | These PSUs vested on September 30, 2024, upon the achievement of certain service-based and performance-based vesting conditions. |