SEC Form 4 · accession 0001209191-17-012113
PJT Partners Inc. · PJT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ji-Yeun Lee
Officer — Managing Partner
Period of report
Feb 15, 2017
Accepted (ET)
Feb 17, 2017 · 4:30 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001626115
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Feb 15, 2017 | A | 19,152 | A | — | — | Class A Common Stock | 19,152 | 19,152 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Issuer Class A common stock.
- F2Restricted stock units granted by the Issuer to the reporting person as a portion of the reporting person's 2016 annual incentive bonus mandatorily deferred by the Issuer pursuant to the PJT Partners Inc. Amended and Restated Bonus Deferral Plan. The restricted stock units vest ratably over three years and will be settled in either Class A common stock or cash (or a combination thereof) at the Issuer's discretion.