James S. Levin - Dec 31, 2021 Form 4 Insider Report for Sculptor Capital Management, Inc. (SCU)

Role
CIO and CEO, Director
Signature
/s/ Wayne N. Cohen, power of attorney for James S. Levin
Stock symbol
SCU
Transactions as of
Dec 31, 2021
Transactions value $
-$4,735,713
Form type
4
Date filed
1/5/2022, 05:13 AM
Previous filing
Dec 21, 2021
Next filing
Feb 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCU Class A Shares Options Exercise $0 +244K +9.09% $0.00 2.93M Dec 31, 2021 Direct F1, F2
transaction SCU Class A Shares Options Exercise $0 +404 +1.59% $0.00 25.8K Dec 31, 2021 Held by Trusts F1, F2
transaction SCU Class A Shares Disposed to Issuer -$2.77M -131K -4.45% $21.24 2.8M Dec 31, 2021 Direct F3
transaction SCU Class A Shares Disposed to Issuer -$4.59K -216 -0.01% $21.24 2.8M Dec 31, 2021 Direct F3
transaction SCU Class A Shares Options Exercise $0 +63.6K +2.27% $0.00 2.86M Jan 1, 2022 Direct F1, F2
transaction SCU Class A Shares Options Exercise $0 +93.2K +3.25% $0.00 2.96M Jan 1, 2022 Direct F1, F2
transaction SCU Class A Shares Tax liability -$1.8M -84.1K -2.84% $21.35 2.87M Jan 1, 2022 Direct F4
transaction SCU Class A Shares Tax liability -$163K -7.64K -0.27% $21.35 2.87M Jan 1, 2022 Direct F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SCU Class A Restricted Share Units Options Exercise $0 -244K -50% $0.00 244K Dec 31, 2021 Class A Shares 244K Direct F1, F2, F5
transaction SCU Class A Restricted Share Units Options Exercise $0 -404 -50.37% $0.00 398 Dec 31, 2021 Class A Shares 404 Held by Trusts F1, F2, F5, F6
transaction SCU Class A Restricted Share Units Options Exercise $0 -63.6K -50% $0.00 63.6K Jan 1, 2022 Class A Shares 63.6K Direct F1, F2, F7
transaction SCU Class A Restricted Share Units Options Exercise $0 -93.2K -33.33% $0.00 186K Jan 1, 2022 Class A Shares 93.2K Direct F1, F2, F8
holding SCU Class A Restricted Share Units 30.7K Dec 31, 2021 Class A Shares 30.7K Direct F2, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The amount shown represents the vesting of the Class A Restricted Share Units held by the Reporting Person.
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 Share 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.
F5 The Class A Restricted Share Units relate to Class A Restricted Share Units granted on February 16, 2018. The remaining Class A Restricted Share Units vest, subject to certain limited exceptions, on December 31, 2022.
F6 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.
F7 The Class A Restricted Share Units relate to Class A Restricted Share Units granted on January 31, 2020. The remaining Class A Restricted Share Units vest, subject to certain limited exceptions, on January 1, 2023.
F8 The Class A Restricted Share Units relate to Class A Restricted Share Units granted on January 31, 2021. The Class A Restricted Share Units vest, subject to certain limited exceptions, in equal installments on January 1, 2023 and January 1, 2024.
F9 The Class A Restricted Share Units relate to Class A Restricted Share Units granted on January 31, 2019. The remaining Class A Restricted Share Units vest, subject to certain limited exceptions, on January 31, 2022.