MAYER MARC O (Chief Executive Officer) exercised options at MANNING & NAPIER, INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 5/7/2021ACC: 0001209191-21-030883
Officer· Chief Executive Officer
Since Jan 2019
-163.19K
Net shares
Net seller
$1.21M
Total sold
0
Open market trades
0B · 0S
3
Total transactions
250K acquired · 413.19K disposed
Non-Derivative Transactions2
Class A Common Stock, par value $0.01
Direct
Shares
+250K
Price / share
$2.01
Trade value
$502.50K
% of position
20.4%
5/5/2021
1.22M→1.47M
Class A Common Stock, par value $0.01
Direct
Shares
−163.19K
Price / share
$7.43
Trade value
$1.21M
% of position
11.1%
5/5/2021
1.47M→1.31M
Total
Net shares
+86.81K
Net value
-$710.02K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock, par value $0.01 Direct | 5/5/2021 | M · Option Exercise | +250K | $2.01 | $502.50K | 20.4% | 1.22M | 1.47M |
| Class A Common Stock, par value $0.01 Direct | 5/5/2021 | F · Tax Withholding | −163.19K | $7.43 | $1.21M | 11.1% | 1.47M | 1.31M |
| Total | +86.81K | -$710.02K | ||||||
Derivative Transactions1
Employee Stock Option (right to buy)
Direct
Converts to
Class A Common Stock, par value $0.01
250K shares
Shares
−250K
Strike price
2.01
Held after
733.33K
Exercisable
—
5/5/2021
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy) Direct | Class A Common Stock, par value $0.01250K shares | 5/5/2021 | M · Option Exercise | −250K | 2.01 | — | 733.33K |
Non-Derivative Holdings (Post-Transaction)0
No non-derivative holdings reported
Derivative Holdings (Post-Transaction)1
Employee Stock Option (right to buy)
DirectUnderlying security
Class A Common Stock, par value $0.01
Underlying shares
166.67K
Shares owned
166.67K
Exercise price
2.01
Expiration
—
Exercise window
—
Total
Underlying
166.67K
Owned
166.67K
| Security | Underlying | Exercise Price | Exercise Window | Expiration | Underlying Shares | Shares Owned |
|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy) Direct | Class A Common Stock, par value $0.01 | 2.01 | — | — | 166.67K | 166.67K |
| Total | 166.67K | 166.67K | ||||