SEC Form 4 · accession 0001403256-17-000056
Och-Ziff Capital Management Group LLC · OZM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Michael Levine
Officer — Chief Legal Officer
Period of report
Mar 6, 2017
Accepted (ET)
Mar 8, 2017 · 7:24 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 | Mar 8, 2017 | M | 99 | — | A | 72,895 | 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,F3 | — | Mar 6, 2017 | A | 1,621 | A | — | — | Class A Shares | 1,621 | 424,397 | D |
| Class A Restricted Share UnitsF2,F4,F1 | — | Mar 8, 2017 | M | 99 | D | — | — | Class A Shares | 99 | 424,298 | D |
Explanation of responses
- F1The amount shown represents vesting of the Class A Restricted Share Units granted to the Reporting Person on January 23, 2017, including any dividend equivalents accrued on such units.
- 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.
- F3The Class A Restricted Share Units are dividend equivalents accrued on the outstanding Class A Restricted Share Units granted on January 23, 2017. Of the 1,621 Class A Restricted Share Units, 99 are fully vested and the remaining vest, subject to certain limited exceptions, as follows: 71 on August 14, 2017; 88 on September 14, 2017; 98 on February 1, 2018; 262 on March 1, 2018; 48 on August 14, 2018; 88 on September 14, 2018; 262 on March 1, 2019; 88 on September 13, 2019; 262 on March 2, 2020; 88 on September 14, 2020; and 167 on March 1, 2021.
- F4The Class A Restricted Share Units vest, subject to certain limited exceptions, as follows: 20,010 on August 14, 2017; 24,473 on September 14, 2017; 27,379 on February 1, 2018; 73,018 on March 1, 2018; 13,356 on August 14, 2018; 24,473 on September 14, 2018; 73,018 on March 1, 2019; 24,473 on September 13, 2019; 73,018 on March 2, 2020; 24,473 on September 14, 2020; and 46,607 on March 1, 2021.