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: 5/26/2021ACC: 0001209191-21-035914
Officer· Chief Executive Officer
Since Jan 2019
-96.61K
Net shares
Net seller
$770.0K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
150K acquired · 246.61K disposed
Non-Derivative Transactions2
Class A Common Stock, par value $0.01
Direct
Shares
+150K
Price / share
$2.01
Trade value
$301.50K
% of position
11.4%
5/24/2021
1.31M→1.46M
Class A Common Stock, par value $0.01
Direct
Shares
−96.61K
Price / share
$7.97
Trade value
$769.96K
% of position
6.6%
5/24/2021
1.46M→1.36M
Total
Net shares
+53.39K
Net value
-$468.46K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock, par value $0.01 Direct | 5/24/2021 | M · Option Exercise | +150K | $2.01 | $301.50K | 11.4% | 1.31M | 1.46M |
| Class A Common Stock, par value $0.01 Direct | 5/24/2021 | F · Tax Withholding | −96.61K | $7.97 | $769.96K | 6.6% | 1.46M | 1.36M |
| Total | +53.39K | -$468.46K | ||||||
Derivative Transactions1
Employee Stock Option (right to buy)
Direct
Converts to
Class A Common Stock, par value $0.01
150K shares
Shares
−150K
Strike price
2.01
Held after
583.33K
Exercisable
—
5/24/2021
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy) Direct | Class A Common Stock, par value $0.01150K shares | 5/24/2021 | M · Option Exercise | −150K | 2.01 | — | 583.33K |
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 | ||||