GOETZ JOHN PAUL (President & Co-CIO) 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: 1/3/2020ACC: 0001567619-20-000415
DirectorOfficer· President & Co-CIO
Since Dec 2018
+70.75K
Net shares
Net buyer
$0.00
Total acquired
0
Open market trades
0B · 0S
3
Total transactions
141.50K acquired · 70.75K disposed
Non-Derivative Transactions1
Class B common stock, par value $0.000001
Indirect
Shares
+70.75K
Price / share
—
Trade value
—
% of position
1.5%
12/31/2019
4.85M→4.92M
Total
Net shares
+70.75K
Net value
$0.00
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class B common stock, par value $0.000001 Indirect | 12/31/2019 | M · Option Exercise | +70.75K | — | — | 1.5% | 4.85M | 4.92M |
| Total | +70.75K | $0.00 | ||||||
Derivative Transactions2
Class B Units
Indirect
Converts to
Class A common stock, par value $0.01
70.75K shares
Shares
+70.75K
Strike price
Held after
4.92M
Exercisable
—
12/31/2019
Phantom Class B Units
Direct
Converts to
Class B Units
70.75K shares
Shares
−70.75K
Strike price
Held after
139.71K
Exercisable
—
12/31/2019
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Class B Units Indirect | Class A common stock, par value $0.0170.75K shares | 12/31/2019 | M · Option Exercise | +70.75K | — | 4.92M | |
| Phantom Class B Units Direct | Class B Units70.75K shares | 12/31/2019 | M · Option Exercise | −70.75K | — | 139.71K |
Non-Derivative Holdings (Post-Transaction)1
Class B common stock, par value $0.000001
IndirectShares owned708.97K
Total
708.97K indirect708.97K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Class B common stock, par value $0.000001 | 708.97K | Indirect |
| Total | 708.97K | 708.97K indirect |
Derivative Holdings (Post-Transaction)1
Class B Units
IndirectUnderlying security
Class A common stock, par value $0.01
Underlying shares
708.97K
Shares owned
708.97K
Exercise price
Expiration
—
Exercise window
—
Total
Underlying
708.97K
Owned
708.97K
| Security | Underlying | Exercise Price | Exercise Window | Expiration | Underlying Shares | Shares Owned |
|---|---|---|---|---|---|---|
| Class B Units Indirect | Class A common stock, par value $0.01 | — | — | 708.97K | 708.97K | |
| Total | 708.97K | 708.97K | ||||