Form 4 for PWP Perella Weinberg Partners

Accepted 2023-02-28 00:00:00 ET · period of report 2023-02-24 · accession 0001777835-23-000035 · 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	2023-02-28	2023-02-24	PWP	Bednar Andrew	CEO, Dir	A - Grant	$0.00	+101.8K	383.6K	+36%	$0
D	2023-02-28	2023-02-24	PWP	Bednar Andrew	CEO, Dir	A - Grant	$0.00	+1.00M	1.00M	New	$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 A Common Stock	2023-02-24	A	A	101,767	$0.00	383,645	D	—	—	(F1) Represents a grant of restricted stock units, which will vest based on the achievement of service-based vesting conditions that are satisfied in three equal installments on the first, second and third anniversaries of the grant date.
2	Derivative	Performance-Based Stock Units	2023-02-24	A	A	1,000,000	$0.00	1,000,000	D	— · — to —	1,000,000 Class A Common Stock	(F2) Each performance-based restricted stock unit ("PSU") represents a contingent right to receive one share of Class A common stock. PSUs 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.