SEC Form 4 · accession 0001403256-18-000237
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, 2018
Accepted (ET)
Sep 17, 2018 · 4:38 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, 2018 | M | 26,186 | — | A | 26,186 | D | |
| Class A SharesF3 | Sep 14, 2018 | S | 26,186 | $1.66 | D | 0 | 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 UnitsF1,F4,F2 | — | Sep 14, 2018 | M | 26,186 | D | — | — | Class A Shares | 26,186 | 258,507 | D |
Explanation of responses
- F1The amount shown represents the 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.
- F3The Class A Shares were sold at prices ranging from $1.65 to $1.67. Upon request, the Reporting Person will provide to the U.S. Securities and Exchange Commission staff, the Issuer and any security holder of the Issuer full information regarding the number of Class A Shares sold at each separate price.
- F4The Class A Restricted Share Units vest, subject to certain limited exceptions, as follows: 78,133 on March 1, 2019; 26,187 on September 13, 2019; 78,132 on March 2, 2020; 26,186 on September 14, 2020; and 49,869 on March 1, 2021.
Remarks
All sales listed on this Form 4 were made by the Reporting Person pursuant to a pre-established plan that is intended to comply with Rule 10b5-1(c) under the Securities Exchange Act of 1934.