CAI CHENYU CAROLINE (Executive Vice President) exercised options at PZENA INVESTMENT MANAGEMENT, INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 12/3/2019ACC: 0001567619-19-022578
Officer· Executive Vice President
Since Feb 2019
-94.70K
Net shares
Net seller
$841.9K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
100K acquired · 194.70K disposed
Non-Derivative Transactions2
Class A common stock, par value $0.01
Direct
Shares
+100K
Price / share
—
Trade value
—
% of position
46.2%
11/29/2019
216.31K→316.31K
Class A common stock, par value $0.01
Direct
Shares
−94.70K
Price / share
$8.89
Trade value
$841.88K
% of position
29.9%
11/29/2019
316.31K→221.61K
Total
Net shares
+5.30K
Net value
-$841.88K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A common stock, par value $0.01 Direct | 11/29/2019 | M · Option Exercise | +100K | — | — | 46.2% | 216.31K | 316.31K |
| Class A common stock, par value $0.01 Direct | 11/29/2019 | F · Tax Withholding | −94.70K | $8.89 | $841.88K | 29.9% | 316.31K | 221.61K |
| Total | +5.30K | -$841.88K | ||||||
Derivative Transactions1
Class A Common Stock Option
Direct
Converts to
Class A common stock, par value $0.01
100K shares
Shares
−100K
Strike price
8.00
Held after
135K
Exercisable
—
11/29/2019
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Class A Common Stock Option Direct | Class A common stock, par value $0.01100K shares | 11/29/2019 | M · Option Exercise | −100K | 8.00 | — | 135K |