SEC Form 4 · accession 0000899243-17-027305
Evercore Inc. · EVR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Adam B Frankel
Officer — General Counsel
Period of report
Nov 21, 2017
Accepted (ET)
Nov 22, 2017 · 4:30 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001360901
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Shares of Class A common stock, par value $0.01 per shareF1 | Nov 21, 2017 | C | 2,000 | — | A | 63,401 | D | |
| Shares of Class A common stock, par value $0.01 per shareF2 | Nov 21, 2017 | S | 2,000 | $87.3818 | D | 61,401 | D | |
| Shares of Class B common stock, par value $0.01 per share | holding | — | — | — | 1 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Partnership units of Evercore LPF1,F3 | — | Nov 21, 2017 | C | 2,000 | D | — | — | Shares of Class A common stock, par value $0.01 per share | 2,000 | 75,758 | D |
Explanation of responses
- F1Shares of Class A common stock were acquired upon exchange of Evercore LP partnership units, in accordance with the Evercore LP partnership agreement.
- F2This price represents the approximate weighted average price per share of Class A common stock of sales that were executed at prices ranging from approximately $87.35 to $87.40 per share. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares of Class A common stock sold at each price.
- F3Pursuant to the Restated Certificate of Incorporation of Evercore Inc., Evercore LP partnership units are, subject to certain restrictions in the Evercore LP partnership agreement, exchangeable on a one-to-one basis for shares of Evercore Inc. Class A common stock, subject to customary conversion rate adjustments for stock splits, stock dividends and reclassifications.