SEC Form 4 · accession 0001209191-18-010462
PJT Partners Inc. · PJT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James W Cuminale
Officer — General Counsel
Period of report
Feb 13, 2018
Accepted (ET)
Feb 15, 2018 · 5:23 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 13, 2018 | A | 18,217 | A | — | — | Class A Common Stock | 18,217 | 26,672 | 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 long-term incentive award with respect to 2017 performance year. 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.