SEC Form 4 · accession 0001403256-18-000159
Och-Ziff Capital Management Group LLC · OZM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James S Levin
Officer — Co-CIO and Head of Glbl Credit
Period of report
May 21, 2018
Accepted (ET)
May 22, 2018 · 5:02 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001403256
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class A Restricted Share UnitsF1,F2 | — | May 21, 2018 | A | 105,368 | A | — | — | Class A Shares | 105,368 | 10,853,178 | D |
| Class A Restricted Share UnitsF4,F1,F3 | — | May 21, 2018 | A | 29,470 | A | — | — | Class A Shares | 29,470 | 3,035,619 | I |
Explanation of responses
- F1Each 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.
- F2The Class A Restricted Share Units are dividend equivalents accrued on the outstanding Class A Restricted Share Units granted on February 16, 2018. The Class A Restricted Share Units vest, subject to certain limited exceptions, as follows: 52,470 on December 31, 2018; 13,224 on December 31, 2019; 13,226 on December 31, 2020; 13,224 on December 31, 2021; and 13,224 on December 31, 2022.
- F3The Class A Restricted Share Units are dividend equivalents accrued on the outstanding Class A Restricted Share Units granted on February 16, 2018. The Class A Restricted Share Units vest, subject to certain limited exceptions, in five equal installments on December 31st of each year, with the final tranche vesting on December 31, 2022.
- F4The Class A Restricted Share Units listed here are held in trusts. Pursuant to Rule 16a-1(a)(4) of the Securities Exchange Act of 1934, as amended, the Reporting Person herein states that this filing shall not be deemed an admission that he or any trust is the beneficial owner of any such interests, and disclaims beneficial ownership of such interests, except to the extent of his pecuniary interest therein.