4//SEC Filing
Levin James S 4
Accession 0001403256-23-000024
CIK 0001403256other
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 6:12 PM ET
Size
33.5 KB
Accession
0001403256-23-000024
Insider Transaction Report
Form 4
Levin James S
Head of Global Credit
Transactions
- Disposition to Issuer
Class A Shares
2022-12-31$8.66/sh−130,966$1,134,166→ 4,060,379 total - Tax Payment
Class A Shares
2023-01-01$8.66/sh−61,751$534,764→ 4,060,608 total - Exercise/Conversion
Class A Restricted Share Units
2022-12-31−245,205→ 0 total→ Class A Shares (245,205 underlying) - Exercise/Conversion
Class A Shares
2023-01-01+355,677→ 4,404,076 total - Exercise/Conversion
Class A Restricted Share Units
2023-01-01−63,894→ 0 total→ Class A Shares (63,894 underlying) - Exercise/Conversion
Class A Restricted Share Units
2023-01-01−95,537→ 95,529 total→ Class A Shares (95,537 underlying) - Exercise/Conversion
Class A Shares
2022-12-31+245,205→ 4,191,345 total - Disposition to Issuer
Class A Shares
2022-12-31$8.66/sh−212$1,836→ 25,966 total(indirect: By Trust) - Exercise/Conversion
Class A Shares
2023-01-01+63,894→ 4,467,970 total - Exercise/Conversion
Class A Shares
2023-01-01+95,537→ 4,563,507 total - Tax Payment
Class A Shares
2022-12-31$8.66/sh−11,980$103,747→ 4,048,399 total - Exercise/Conversion
Class A Restricted Share Units
2022-12-31−398→ 0 total(indirect: By Trust)→ Class A Shares (398 underlying) - Exercise/Conversion
Class A Shares
2022-12-31+398→ 26,178 total(indirect: By Trust) - Tax Payment
Class A Shares
2022-12-31$8.66/sh−16$139→ 25,950 total(indirect: By Trust) - Disposition to Issuer
Class A Shares
2023-01-01$8.66/sh−441,148$3,820,342→ 4,122,359 total - Exercise/Conversion
Class A Restricted Share Units
2023-01-01−355,677→ 711,340 total→ Class A Shares (355,677 underlying)
Footnotes (13)
- [F1]The amount shown represents the vesting of the Class A Restricted Share Units held by the Reporting Person.
- [F10]The Class A Restricted Share Units listed here are held in trusts. Pursuant to Rule 16a-1(a)(4) of the Securities Exchange Act of 1934, as amended, the Reporting Person herein states that this filing shall not be deemed an admission that he or any trust is the beneficial owner of any such interests, and disclaims beneficial ownership of such interests, except to the extent of his pecuniary interest therein.
- [F11]The Class A Restricted Share Units relate to Class A Restricted Share Units granted on January 31, 2022. The remaining Class A Restricted Share Units vest, subject to certain limited exceptions, in equal installments on January 1, 2024 and January 1, 2025.
- [F12]The Class A Restricted Share Units relate to Class A Restricted Share Units granted on January 31, 2020.
- [F13]The Class A Restricted Share Units relate to Class A Restricted Share Units granted on January 31, 2021. The remaining Class A Restricted Share Units vest, subject to certain limited exceptions, on January 1, 2024.
- [F2]Each Class A Restricted Share Unit represents, at the election of the administrator of the applicable plan (currently the Issuer's Compensation Committee), a right to receive one of the Issuer's Class A Shares or the cash value thereof, upon the vesting date.
- [F3]Represents Class A Restricted Shares Units settled in cash by the Issuer.
- [F4]Represents shares that have been withheld by the Issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of Class A Restricted Share Units or Restricted Class A Shares.
- [F5]Each Class A Restricted Share Unit represents a right to receive the cash value of one of the Issuer's Class A Shares upon the vesting date.
- [F6]Includes 2,314,286 of Class A Restricted Shares, which is subject to both a service condition, vesting 1/3 on each of December 17, 2024, December 17, 2025 and December 17, 2026 (the "Service Condition") and a performance condition, vesting when total shareholder return (based on the closing price on the New York Stock Exchange of a Class A Share of the Issuer, and dividends paid thereon, following the grant date) equals or exceeds the Performance Thresholds, as defined below, for a period of 60 calendar days (the "Performance Condition"). The Performance Thresholds are as follows: 1/3 of Class A Restricted Shares vest if a total shareholder return of 25% is achieved; an additional 1/3 of Class A Restricted Shares vest if a total shareholder return of 39% is achieved; and the final 1/3 of Class A Restricted Shares vest if a total shareholder return of 53% is achieved, in each case based on a reference price of $24 per Class A Share.
- [F7]If a Class A Restricted Share described in the footnote above has not satisfied the Performance Condition by the seventh anniversary of the grant date, it will be forfeited and canceled immediately
- [F8]Includes 711,341 of Class A Restricted Shares granted on January 31, 2022. The remaining Class A Restricted Shares vest, subject to certain limited exceptions, in equal installments on January 1, 2024 and January 1, 2025.
- [F9]The Class A Restricted Share Units relate to Class A Restricted Share Units granted on February 16, 2018.
Documents
Issuer
Sculptor Capital Management, Inc.
CIK 0001403256
Entity typeother
Related Parties
1- filerCIK 0001572628
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 6:12 PM ET
- Size
- 33.5 KB