SEC Form 4 · accession 0001179110-17-010873
Moelis & Co · MC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey Raich
Officer — MD & Co-President · Director
Period of report
Jul 28, 2017
Accepted (ET)
Aug 1, 2017 · 4:15 pm EDT
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Partnership InterestsF1,F2,F4 | $41.61 | Jul 28, 2017 | M | 325,112 | A | — | — | Class A Common Stock, par value $0.01 | 325,112 | 1,111,676 | I |
| Partnership InterestsF1,F5,F4 | $41.61 | Jul 28, 2017 | M | 30,809 | A | — | — | Class A Common Stock, par value $0.01 | 30,809 | 105,346 | I |
| Partnership InterestsF1,F4 | $41.61 | Jul 28, 2017 | D | 204 | A | — | — | Class A Common Stock, par value $0.01 | 204 | 698 | D |
Explanation of responses
- F1Represents partnership interest in Moelis & Company Partner Holdings LP ("Partner Holdings") which are exchangeable for Class A partnership units in Moelis & Company Group LP ("Group LP"). Each Group LP Class A partnership unit is exchangeable for a share of Moelis & Company Class A common stock (subject to customary adjustments), or cash, at Group LP's option.
- F2Represents transaction by Raich Trust, of which Mr. Raich is a beneficiary. Mr. Raich shares voting and dispositive power over the assets of the trust.
- F3In connection with the public offering of Moelis & Company common stock closed on July 28, 2017, Moelis & Company purchased such Partnership Interests from the reporting person using the proceeds of the offering. The transaction was approved by the Company's board of directors pursuant to rule 16b-3.
- F4Pursuant to Group LP's agreement of limited partnership, Group LP Class A partnership units held by the reporting person are not exchangeable for Moelis & Company Class A common stock until the expiration or waiver of certain lock-up periods, commencing on the fourth anniversary of the closing of the initial public offering of Moelis & Company Class A common stock.
- F5Represents transaction by Raich 2010 Irrevocable Trust. Mr. Raich may have indirect voting power and dispositive power over the assets of the trust as a result of his relationship to the trustee.