Form 4 for SAMG Silvercrest Asset Management Group Inc.

Accepted 2023-04-04 00:00:00 ET · period of report 2023-04-03 · accession 0000899243-23-010575 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
D	2023-04-04	2023-04-03	SAMG	HOUGH RICHARD R III	COB, CEO, Dir	A - Grant	$0.00	+82.5K	586.1K	+16%	$0
D	2023-04-04	2023-04-03	SAMG	HOUGH RICHARD R III	COB, CEO, Dir	A - Grant	$0.00	+82.5K	586.1K	+16%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class B Common Stock, par value $0.01	2023-04-03	A	A	82,508	$0.00	586,098	D	—	—
2	Derivative	Class B Units	2023-04-03	A	A	82,508	$0.00	586,098	D	— · — to —	82,508 Class A Common Stock, par value $0.01	(F4) Pursuant to the Exchange Agreement, so long as the holder is employed by Silvercrest L.P., each year in the period beginning on January 2, 2014, the holder and his permitted transferees may collectively exchange for shares of Class A common stock up to the number of vested Class B units that equals 20% of all Class B units such holder and his or her permitted transferees collectively hold as of the first day of that year, in accordance with the timing restrictions described in footnote 5 below. The holder must retain at least 25% of the number of Class B units held by the holder on July 2, 2013. (F5) Holders of Class B units are permitted to sell shares of Class A common stock issued upon exchange of Class B units during the first 10-day period of the open trading window of each quarter. (F3) Each Class B Unit is exchangeable for a share of Class A common stock of the Company, subject to the timing and volume limitations set forth in the Amended LPA.