GREENBLATT JOEL reported 3 transactions at PZENA INVESTMENT MANAGEMENT, INC.

Review the transaction codes below to understand the nature of each event.

GREENBLATT JOEL

Filed: 11/2/2022ACC: 0000929638-22-001644

InsiderGREENBLATT JOELCIK 1279149

→

IssuerPZENA INVESTMENT MANAGEMENT, INC.CIK 1399249

Director

Since Jan 2019

-457.35K

Net shares

Net seller

$215.6K

Total sold

Open market trades

0B · 0S

Total transactions

457.35K disposed

Non-Derivative Transactions3

Class A Common Stock, par value $0.01

Direct

U · U

−22.46K

Price / share

$9.60

Trade value

$215.62K

% of position

New position

10/31/2022

22.46K→0.00

Class B Common Stock, par value $0.000001

Direct

U · U

−165.51K

Price / share

—

Trade value

—

% of position

New position

10/31/2022

165.51K→0.00

Class B Common Stock, par value $0.000001

Indirect

U · U

−82.20K

Price / share

—

Trade value

—

% of position

New position

10/31/2022

82.20K→0.00

Total

Net shares

−270.17K

Net value

-$215.62K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock, par value $0.01 Direct	10/31/2022	U · U	−22.46K	$9.60	$215.62K	New position	22.46K	0.00
Class B Common Stock, par value $0.000001 Direct	10/31/2022	U · U	−165.51K	—	—	New position	165.51K	0.00
Class B Common Stock, par value $0.000001 Indirect	10/31/2022	U · U	−82.20K	—	—	New position	82.20K	0.00
Total			−270.17K		-$215.62K

Derivative Transactions1

Phantom A Shares

Direct

U · U

Converts to

Right to Receive $9.60

187.18K shares

−187.18K

Strike price

Held after

0.00

Exercisable

—

10/31/2022

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Phantom A Shares Direct	Right to Receive $9.60187.18K shares	10/31/2022	U · U	−187.18K	0	—	0.00

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)2

Class B Units

Direct

Underlying security

None

Underlying shares

165.51K

Shares owned

165.51K

Exercise price

Expiration

—

Exercise window

—

Class B Units

Indirect

Underlying security

None

Underlying shares

82.20K

Shares owned

82.20K

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

247.71K

Owned

247.71K

Security	Underlying	Exercise Window	Expiration	Underlying Shares	Shares Owned
Class B Units Direct	None	—	—	165.51K	165.51K
Class B Units Indirect	None	—	—	82.20K	82.20K
Total				247.71K	247.71K