Form 4 for PWP Perella Weinberg Partners
Accepted 2025-03-04 00:00:00 ET · period of report 2025-02-28 · accession 0001777835-25-000058 · 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 | 2025-03-04 | 2025-02-28 | PWP | STEEL ROBERT K | Dir | M - OptEx | $0.00 | +30.0K | 148.1K | +25% | $0 |
| D | 2025-03-04 | 2025-03-04 | PWP | STEEL ROBERT K | Dir | F - Tax | $22.24 | -21.2K | 127.0K | -14% | -$470.6K |
| D | 2025-03-04 | 2025-02-28 | PWP | STEEL ROBERT K | Dir | M - OptEx | $0.00 | -30.0K | 90.0K | -25% | $0 |
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 | 2025-02-28 | M | A | 30,000 | $0.00 | 148,148 | D | — | — | |
| 2 | Common | Class A Common Stock | 2025-03-04 | F | D | 21,162 | $22.24 | 126,986 | D | — | — | (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. |
| 3 | Derivative | Performance-Based Stock Units | 2025-02-28 | M | D | 30,000 | $0.00 | 90,000 | D | — · — to — | 30,000 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. (F3) These PSUs vested on February 28, 2025, upon the achievement of certain service-based and performance-based vesting conditions. (F4) The PSUs granted on August 31, 2021 vest based on the achievement of (i) service-based vesting conditions that are satisfied in five equal installments on the 36, 42, 48, 54 and 60 month anniversaries of the grant date and (ii) performance-based vesting conditions that are satisfied upon the achievement of closing stock price hurdles for 20 out of any 30 consecutive trading days equal to $12, $13.50, $15 and $17, in each case prior to the sixth anniversary of the grant date. |