4//SEC Filing
PWP Professional Partners LP 4
Accession 0000899243-22-003090
CIK 0001777835other
Filed
Jan 24, 7:00 PM ET
Accepted
Jan 25, 8:40 AM ET
Size
9.2 KB
Accession
0000899243-22-003090
Insider Transaction Report
Form 4
PWP Professional Partners LP
Director
Transactions
- Other
PWP Holdings LP Common Units
2022-01-21−1,253,931→ 44,354,909 total→ Class A Common Stock (1,253,931 underlying) - Other
Class B-1 Common Stock
2022-01-21−1,253,931→ 44,354,909 total→ Class A Common Stock (1,253.931 underlying)
Footnotes (3)
- [F1]Concurrently with an exchange of PWP Holdings LP Common Units (which represent Class A partnership units of PWP Holdings LP) ("PWP OpCo Units") for shares of Class A common stock ("Class A Shares") or cash by a PWP Holdings LP unitholder ("Unitholder") who also holds shares of Class B-1 common stock ("Class B-1 Shares"), such Unitholder will be required to surrender to the Issuer a number of Class B-1 Shares equal to the number of PWP OpCo Units exchanged, and such Class B-1 Shares will be converted into Class A Shares or, at the option of the Issuer, for an equivalent amount of cash, which will be delivered to such Unitholder at a conversion rate of 0.001 Class A Share for one Class B-1 Share.
- [F2]Reflects a distribution of PWP OpCo Units and an equivalent number of Class B-1 Shares by the Reporting Person to one or more of its limited partners.
- [F3]Subject to certain lock-up periods, PWP OpCo Units, upon the surrender of an equal number of Class B-1 Shares, may be exchanged for Class A Shares on a one-for-one basis or, at the option of the Issuer, for an equivalent amount of cash. PWP OpCo Units do not expire.
Documents
Issuer
Perella Weinberg Partners
CIK 0001777835
Entity typeother
Related Parties
1- filerCIK 0001867861
Filing Metadata
- Form type
- 4
- Filed
- Jan 24, 7:00 PM ET
- Accepted
- Jan 25, 8:40 AM ET
- Size
- 9.2 KB