SEC Form 4 · accession 0001179110-15-002372
Moelis & Co · MC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth Shropshire
Director
Period of report
Feb 10, 2015
Accepted (ET)
Feb 12, 2015 · 4:17 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001596967
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A common stockF1 | Feb 10, 2015 | M | 154 | — | A | 154 | D | |
| Class A common stockF2,F6 | Feb 10, 2015 | D | 0 | $12.30 | D | 154 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director Restricted Stock UnitsF5,F3,F4 | — | Feb 10, 2015 | C | 154 | D | — | — | Class A Common Stock | 154 | 155 | D |
Explanation of responses
- F1Shares of Class A Common Stock were acquired upon settlement of Restricted Stock Units (RSUs).
- F2Pursuant to the terms of the RSUs, fractional shares were settled for cash.
- F3Each RSU represents the right to receive upon settlement either, at Moelis & Company's option, a share of Class A common stock or an amount of cash equal to the fair market value of such share pursuant to the Moelis & Company 2014 Omnibus Incentive Plan.
- F4The RSUs vested on October 1, 2014 and January 1, 2015 and were settled on February 10, 2015. The RSUs which vested in 2014 were not settled earlier due to restrictions on the common stock underlying the RSUs.
- F5The remaining Director RSUs vest 50% on April 1, 2015 and July 1, 2015 if Mr. Shropshire is a Nonemployee Director on such dates.
- F6Based on the closing price per share of Class A common stock of $29.94 on February 9, 2015.