Peter A. Weinberg - Nov 30, 2024 Form 4 Insider Report for Perella Weinberg Partners (PWP)

Role
Chairman, Director
Signature
/s/ Mark Polemeni, as Attorney-in-Fact
Stock symbol
PWP
Transactions as of
Nov 30, 2024
Transactions value $
$0
Form type
4
Date filed
12/3/2024, 06:40 PM
Previous filing
Nov 4, 2024
Next filing
Dec 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PWP Class A Common Stock Options Exercise $0 +51.7K +2.63% $0.00 2.02M Nov 30, 2024 Direct
holding PWP Class A Common Stock 843K Nov 30, 2024 Red Hook Capital LLC F1

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 PWP Performance-Based Stock Units Options Exercise $0 -51.7K -4.62% $0.00 1.07M Nov 30, 2024 Class A Common Stock 51.7K Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects securities held directly by Red Hook Capital LLC. The Reporting Person has shared voting and dispositive power over Red Hook Capital LLC through his shared control of Rosedale Partners LLC, the sole member of Red Hook. Each of the Reporting Person and Rosedale Partners LLC disclaims beneficial ownership of the securities held by Red Hook Capital LLC, except to the extent of their respective pecuniary interest therein.
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 November 30, 2024, upon the achievement of certain service-based and performance-based vesting conditions.