SEC Form 4 · accession 0001179110-16-019106
Moelis & Co · MC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth Moelis
Officer — Chairman and CEO · Director · 10% Owner
Period of report
Feb 13, 2015
Accepted (ET)
Feb 12, 2016 · 5:23 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001596967
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MAM Employee Stock Options (Right to Buy)F1,F3 | $24.00 | Feb 13, 2015 | J | 11,552 | A | — | Apr 22, 2020 | Class A Common Stock | 11,552 | 0 | I |
| Stock Options (Right to Buy)F4,F5 | $24.00 | May 15, 2015 | D | 11,552 | A | — | Apr 22, 2020 | Class A Common Stock | 11,552 | 55,793 | I |
| MAM Employee Stock Options (Right to Buy)F1,F3 | $24.00 | Oct 30, 2015 | J | 525 | A | — | Apr 22, 2020 | Class A Common Stock | 525 | 0 | I |
| Stock Options (Right to Buy)F4,F5 | $24.00 | Nov 4, 2015 | D | 525 | A | — | Apr 22, 2020 | Class A Common Stock | 525 | 55,268 | I |
Explanation of responses
- F1At the time of the IPO, Moelis Asset Management ("MAM") purchased options (the "Options") to purchase shares of the Company's Class A common stock (the "Common Stock") from the Company in order for MAM to grant stock options (the "MAM Employee Options") to purchase Common Stock to certain MAM employees. Certain MAM employees who were granted MAM Employee Options have terminated their employment and in accordance with the terms of the MAM Employee Options, MAM employees forfeited the MAM Employee Options to MAM. The MAM Employee Options vest in installments of 25% on April 22, 2017, 25% on April 22, 2018 and 50% on April 22, 2019. The MAM Employee Options expire on April 22, 2020.
- F2Certain MAM employees who were granted MAM Employee Options have terminated their employment and in accordance with the terms of the MAM Employee Options, MAM employees forfeited the MAM Employee Options to MAM.
- F3Represents MAM Employee Options forfeited to MAM by MAM employees, which were cancelled. Mr. Moelis has a controlling interest in MAM.
- F4At the time of the IPO, MAM purchased Options from the Company in order for MAM to grant MAM Employee Options to certain MAM employees. After forfeiture of the MAM Employee Options to MAM, MAM sold the Options to Moelis & Company. These Options are exercisable at any time and expire on April 22, 2020.
- F5At the time of the IPO, MAM purchased Options from the Company in order for MAM to grant MAM Employee Options to certain MAM employees. After forfeiture of the MAM Employee Options to MAM, MAM sold the Options to Moelis & Company. Mr. Moelis has dispositive power over the Options as a result of his controlling interest in MAM.