Wayne Cohen - Jan 1, 2022 Form 4 Insider Report for Sculptor Capital Management, Inc. (SCU)

Role
President and COO, Director
Signature
/s/ Wayne Cohen
Stock symbol
SCU
Transactions as of
Jan 1, 2022
Transactions value $
-$42,871
Form type
4
Date filed
1/5/2022, 05:15 AM
Previous filing
Dec 21, 2021
Next filing
Jan 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCU Class A Shares Options Exercise $0 +10.2K +2.48% $0.00 424K Jan 1, 2022 Direct F1, F2
transaction SCU Class A Shares Options Exercise $0 +6.01K +1.42% $0.00 430K Jan 1, 2022 Direct F1, F2
transaction SCU Class A Shares Options Exercise $0 +2.98K +0.69% $0.00 433K Jan 1, 2022 Direct F1, F2
transaction SCU Class A Shares Tax liability -$42.9K -2.01K -0.46% $21.35 431K Jan 1, 2022 Direct F3

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 -10.2K -33.33% $0.00 20.5K Jan 1, 2022 Class A Shares 10.2K Direct F1, F2, F4
transaction SCU Class A Restricted Share Units Options Exercise $0 -6.01K -50.01% $0.00 6K Jan 1, 2022 Class A Shares 6.01K Direct F1, F2, F5
transaction SCU Class A Restricted Share Units Options Exercise $0 -2.98K -100% $0.00* 0 Jan 1, 2022 Class A Shares 2.98K Direct F1, F2, F6
* 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 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.
F4 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.
F5 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.
F6 The Class A Restricted Share Units relate to Class A Restricted Share Units granted on February 20, 2019.