SEC Form 4 · accession 0001403256-19-000037
Och-Ziff Capital Management Group LLC · OZM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Erez Elisha
Officer — Chief Accounting Officer
Period of report
Jan 22, 2019
Accepted (ET)
Jan 24, 2019 · 6:11 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 | Jan 22, 2019 | S | 1,758 | $12.1473 | D | 3,516 | 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 | — | Jan 22, 2019 | A | 16,540 | A | — | — | Class A Shares | 16,540 | 16,540 | D |
| Class A Restricted Share UnitsF2,F4 | — | holding | — | — | — | — | — | Class A Shares | 41,584 | 41,584 | D |
| Class A Restricted Share UnitsF2,F5 | — | holding | — | — | — | — | — | Class A Shares | 5,199 | 5,199 | D |
| Class A Restricted Share UnitsF2,F6 | — | holding | — | — | — | — | — | Class A Shares | 4,610 | 4,610 | D |
Explanation of responses
- F1The price reported in column 4 is a weighted average price. The Class A Shares were sold in multiple transactions at prices ranging from $11.76 to $12.32. Upon request the Reporting Person will provide to the Securities and Exchange Commission staff, the Issuer and any security holder of the Issuer the full information regarding the number of Class A Shares sold at each separate price within the range set forth in this footnote.
- 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 relate to Class A Restricted Share Units approved by the Issuer's Compensation Committee on January 22, 2019, which will be granted effective January 31, 2019. The Class A Restricted Share Units vest, subject to certain limited exceptions, in equal installments on January 31, 2020, January 31, 2021 and January 31, 2022.
- F4The Class A Restricted Share Units relate to Class A Restricted Share Units granted on April 23, 2018. The Class A Restricted Share Units vest, subject to certain limited exceptions, in equal installments on December 26, 2019 and December 26, 2020.
- F5The Class A Restricted Share Units relate to Class A Restricted Share Units granted on January 31, 2018. The Class A Restricted Share Units vest, subject to certain limited exceptions, in equal installments on December 26, 2019 and December 26, 2020.
- F6The Class A Restricted Share Units relate to Class A Restricted Share Units granted on January 31, 2017. The Class A Restricted Share Units vest, subject to certain limited exceptions, on December 26, 2019.
Remarks
Share amounts presented throughout this form have been adjusted to give effect to the Issuer's 1-for-10 reverse stock split that was effective following the close of trading on the New York Stock Exchange on January 3, 2019. 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.