SEC Form 4 · accession 0001403256-17-000173
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
Sep 14, 2017
Accepted (ET)
Sep 14, 2017 · 5:03 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 A SharesF1,F2 | Sep 14, 2017 | M | 24,852 | — | A | 97,747 | D | |
| Class A SharesF3 | Sep 14, 2017 | D | 24,852 | $2.87 | D | 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 UnitsF4,F2,F1 | — | Sep 14, 2017 | M | 24,852 | D | — | — | Class A Shares | 24,852 | 385,670 | D |
Explanation of responses
- F1The amount shown represents the September 14, 2017 vesting of the Class A Restricted Share Units held by the Reporting Person.
- 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.
- F4The Class A Restricted Share Units vest, subject to certain limited exceptions, as follows: 27,803 on February 1, 2018; 74,145 on March 1, 2018; 13,561 on August 14, 2018; 24,850 on September 14, 2018; 74,143 on March 1, 2019; 24,850 on September 13, 2019; 74,143 on March 2, 2020; 24,850 on September 14, 2020; and 47,325 on March 1, 2021.