SEC Form 4 · accession 0001179110-15-007139
Moelis & Co · MC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth Shropshire
Director
Period of report
May 4, 2015
Accepted (ET)
May 5, 2015 · 5:01 pm EDT
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 | May 4, 2015 | M | 78 | — | A | 232 | D | |
| Class A Common StockF2,F6 | May 4, 2015 | D | 1 | $19.17 | D | 231 | 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 | — | May 4, 2015 | C | 78 | D | — | — | Class A Common Stock | 78 | 79 | 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 April 1, 2015 and were settled on May 4, 2015.
- F5The remaining Director RSUs vest on July 1, 2015 if Mr. Shropshire is a Nonemployee Director on such date.
- F6Based on the closing price per share of Class A common stock of $27.15 on May 1, 2015.