Moelis Kenneth's Form 4 filing
Moelis & CoMC · filed Feb 23, 2024
- Accession no.
- 0000950170-24-019610
- Filed
- Feb 23, 2024
- Trade date
- Feb 21-23, 2024
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 6 non-derivative transactions and 7 derivative transactions. Open-market sales total $6.77M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Moelis KennethCIK 0001604686 | Director, Officer (Chairman, CEO) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 21, 2024 | Class A Common Stock | MOption exerciseAcquired | +87,557.94 | –F1 | – | 92,865.94 | Direct | |
| Feb 21, 2024 | Class A Common Stock | MOption exerciseAcquired | +197,222 | –F2 | – | 290,087.94 | Direct | |
| Feb 21, 2024 | Class A Common Stock | FTax withholdingDisposed | −0.94 | $52.60 | −$49.44 | 290,087 | Direct | |
| Feb 21, 2024 | Class A Common Stock | SSaleDisposed | −128,277 | $52.60 | −$6,747,370.2 | 161,810 | Direct | |
| Feb 23, 2024 | Class A Common Stock | MOption exerciseAcquired | +31 | –F4 | – | 161,841 | Direct | |
| Feb 23, 2024 | Class A Common Stock | SSaleDisposed | −400 | $55.00 | −$22,000 | 161,441 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 21, 2024 | Class A Common Stock | MOption exerciseDisposed | −30,917.41 | $0.00 | $0 | 0 | Direct | |
| Feb 21, 2024 | Class A Common Stock | MOption exerciseDisposed | −56,640.53 | $0.00 | $0 | 56,658.56 | Direct | |
| Feb 21, 2024 | Class A Common Stock | MOption exerciseDisposed | −96,759 | –F2 | – | 64,507 | Direct | |
| Feb 21, 2024 | Class A Common Stock | MOption exerciseDisposed | −100,463 | –F2 | – | 150,696 | Direct | |
| Feb 21, 2024 | Class A Common Stock | AGrant or awardAcquired | +130,720 | $0.00 | $0 | 130,720 | Direct | |
| Feb 21, 2024 | Class A Common Stock | AGrant or awardAcquired | +87,992.19 | $0.00 | $0 | 87,992.19 | Direct | |
| Feb 23, 2024 | Class A Common Stock | MOption exerciseDisposed | −31 | –F4 | – | 4,432,288 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Shares of Class A Common Stock were acquired upon settlement of Restricted Stock Units (RSUs).
Referenced by the price of 1 transaction in Table I.
- F2
On February 21, 2024 certain of the holder's LP units in Moelis & Company Group Employee Holdings LP ("MCGEH") granted in February 2021 and 2022 for compensation awarded for the 2020 and 2021 fiscal years (the "2020 LP Units" and "2021 LP Units") were exchanged for an equal number of shares of Moelis & Company Class A common stock pursuant to the terms of the Second Amended and Restated Limited Partnership Agreement of MCGEH. The exchanges were approved by the Company's Compensation Committee under Rule 16b-3.
Referenced by the price of 1 transaction in Table I and 2 transactions in Table II.
- F4
The conversion covered by this footnote automatically occurred pursuant to the terms of the Company's Amended and Restated Certificate of Incorporation when certain Moelis & Company Group LP Units ("Group Units") were exchanged for Class A common stock by certain selling stockholders in connection with the Company's public offering closed on April 21, 2014.
Referenced by the price of 1 transaction in Table I and 1 transaction in Table II.