Form 4 for MC Moelis & Co
Accepted 2024-07-29 00:00:00 ET · period of report 2024-07-25 · accession 0000950170-24-087449 · 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 | 2024-07-29 | 2024-07-25 | MC | SIMON JOSEPH | CFO | S - Sale+OE | $64.00 | -6,723 | 0 | -100% | -$430.3K |
| D | 2024-07-29 | 2024-07-25 | MC | SIMON JOSEPH | CFO | M - OptEx | — | +6,723 | 6,723 | New | — |
| D | 2024-07-29 | 2024-07-25 | MC | SIMON JOSEPH | CFO | M - OptEx | — | -6,723 | 10.1K | -40% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2024-07-25 | S | D | 6,723 | $64.00 | 0 | D | — | — | (F2) Mr. Simon also owns 68,379 units of unvested or restricted equity granted to Mr. Simon as incentive compensation for fiscal years 2019 through 2023 |
| 2 | Common | Class A Common Stock | 2024-07-25 | M | A | 6,723 | — | 6,723 | D | — | — | (F1) On July 25, 2024 certain of the holder's LP units in Moelis & Company Group Employee Holdings LP ("MCGEH") granted in February 2022 for compensation awarded for the 2021 fiscal year (the "2021 LP Units") were exchanged for an equal number of shares of Moelis & Company Class A common stock pursuant to the terms of the Second Amended and Restated Limited Partnership Agreement of MCGEH. The exchanges were approved by the Company's Compensation Committee under Rule 16b-3. |
| 3 | Derivative | 2021 LP Units of MCGEH | 2024-07-25 | M | D | 6,723 | — | 10,085 | D | — · — to — | 6,723 Class A Common Stock | (F3) Certain of the 2021 LP Units became eligible for exchange into Class A Common Stock following vesting and Book-Up (as defined below) (F1) On July 25, 2024 certain of the holder's LP units in Moelis & Company Group Employee Holdings LP ("MCGEH") granted in February 2022 for compensation awarded for the 2021 fiscal year (the "2021 LP Units") were exchanged for an equal number of shares of Moelis & Company Class A common stock pursuant to the terms of the Second Amended and Restated Limited Partnership Agreement of MCGEH. The exchanges were approved by the Company's Compensation Committee under Rule 16b-3. (F4) The 2021 LP Units vest over four years as follows: (a) 40% vested on February 23, 2024, and (b) and 20% vests on each of February 23, 2025, February 23, 2026 and February 23, 2027. These 2021 LP Units may be redeemed by the holder for shares of Class A Common Stock on a one-for-one basis after the LP Units become vested and a sufficient amount of profits have been allocated to the holder of the LP Units (the "Book-Up"). |