SEC Form 4 · accession 0001209191-16-103365
Evercore Inc. · EVR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Roger C Altman
Officer — Executive Chairman · Director
Period of report
Feb 25, 2016
Accepted (ET)
Feb 29, 2016 · 4:21 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001360901
Table I — non-derivative securities
No Table I lines on this filing.
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 LPF2,F3,F1 | — | Feb 25, 2016 | J | 138,113 | D | — | — | Shares of Class A common stock, par value $0.01 per share | 138,113 | 362,536 | I |
| Partnership units of Evercore LPF2,F1 | — | Feb 25, 2016 | J | 138,113 | A | — | — | Shares of Class A common stock, par value $0.01 per share | 138,113 | 709,784 | D |
Explanation of responses
- F1Evercore 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 Partners Inc. Class A common stock, subject to customary conversion rate adjustments for stock splits, stock dividends and reclassifications.
- F2Represents a transfer by a trust for the benefit of Mr. Altman's family to Mr. Altman in connection with the long-term strategy for estate planning of Mr. Altman and his family. Such transfer was in satisfaction of a note payable by the trust to Mr. Altman.
- F3These Evercore LP units are held in trust for the benefit of Mr. Altman's family. Mr. Altman disclaims beneficial ownership of these partnership units and the filing of this report is not an admission that Mr. Altman is the beneficial owner of these partnership units for the purposes of Section 16 or for any other purpose.