SEC Form 4 · accession 0001403256-15-000155
Och-Ziff Capital Management Group LLC · OZM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James S Levin
Officer — Head of Global Credit
Period of report
Dec 26, 2015
Accepted (ET)
Dec 29, 2015 · 4:23 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001403256
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A SharesF1,F2 | Dec 26, 2015 | M | 1,654,989 | — | A | 3,361,229 | D | |
| Class A SharesF3 | Dec 26, 2015 | D | 850,152 | $6.80 | D | 2,511,077 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class A Restricted Share UnitsF2,F1 | — | Dec 26, 2015 | M | 1,654,989 | D | — | — | Class A Shares | 1,654,989 | 0 | D |
Explanation of responses
- F1The amount shown represents the vesting of the Class A Restricted Share Units granted to the Reporting Person on January 31, 2013, including any dividend equivalents accrued on such units. These Class A Restricted Share Units vested in full on December 26, 2015.
- F2Each Class A Restricted Share Unit represents, at the election of the administrator of the applicable plan (currently the Issuer's Compensation Committee), a right to receive one of the Issuer's Class A Shares or the cash value thereof, upon the vesting date.
- F3This number of Class A Restricted Share Units was settled in cash by the Issuer.