SEC Form 4 · accession 0001403256-17-000111
Och-Ziff Capital Management Group LLC · OZM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Windreich
Officer — Co-Chief Investment Officer · Director
Period of report
May 9, 2017
Accepted (ET)
May 11, 2017 · 4:29 pm EDT
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 B SharesF1,F2 | May 9, 2017 | A | 2,000,000 | — | A | 38,353,888 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Class B Shares of Och-Ziff Capital Management Group LLC (the "Company") entitle the holder to one vote per share and generally vote together with the Class A Shares of the Company as a single class on matters submitted to a vote of security holders. The Class B Shares do not represent any economic interest in the Company or the cash value thereof (or any of its affiliates). Upon the exchange of one Och-Ziff Operating Group P Unit for one Class A Share (as described in footnote 2 below), one Class B Share will be canceled for no consideration.
- F2These Class B Shares were issued in connection with the grant of Och-Ziff Operating Group P Units that contingently entitle the recipient to an equal number of Class A Shares of the Company (or the cash value thereof), subject to the recipient's satisfaction of applicable service- and performance-based vesting conditions.