PZENA RICHARD STANTON (Chairman, CEO and Co-CIO) reported 5 transactions at PZENA INVESTMENT MANAGEMENT, INC.

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

PZENA RICHARD STANTON

Filed: 11/2/2022ACC: 0000929638-22-001648

InsiderPZENA RICHARD STANTONCIK 1408706

→

IssuerPZENA INVESTMENT MANAGEMENT, INC.CIK 1399249

DirectorOfficer· Chairman, CEO and Co-CIO

Since Jan 2019

-24.79M

Net shares

Net seller

$40.4K

Total sold

Open market trades

0B · 0S

Total transactions

24.79M disposed

Non-Derivative Transactions5

Class A Common Stock, par value $0.01

Direct

U · U

−106.00

Price / share

$9.60

Trade value

$1.02K

% of position

New position

10/31/2022

106.00→0.00

Class A Common Stock, par value $0.01

Indirect

U · U

−4.10K

Price / share

$9.60

Trade value

$39.36K

% of position

New position

10/31/2022

4.10K→0.00

Class B Common Stock, par value $0.000001

Indirect

U · U

−17.55M

Price / share

—

Trade value

—

% of position

New position

10/31/2022

17.55M→0.00

Class B Common Stock, par value $0.000001

Indirect

U · U

−42.40K

Price / share

—

Trade value

—

% of position

New position

10/31/2022

42.40K→0.00

Class B Common Stock, par value $0.000001

Indirect

U · U

−7.19M

Price / share

—

Trade value

—

% of position

New position

10/31/2022

7.19M→0.00

Total

Net shares

−24.79M

Net value

-$40.38K

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	−106.00	$9.60	$1.02K	New position	106.00	0.00
Class A Common Stock, par value $0.01 Indirect	10/31/2022	U · U	−4.10K	$9.60	$39.36K	New position	4.10K	0.00
Class B Common Stock, par value $0.000001 Indirect	10/31/2022	U · U	−17.55M	—	—	New position	17.55M	0.00
Class B Common Stock, par value $0.000001 Indirect	10/31/2022	U · U	−42.40K	—	—	New position	42.40K	0.00
Class B Common Stock, par value $0.000001 Indirect	10/31/2022	U · U	−7.19M	—	—	New position	7.19M	0.00
Total			−24.79M		-$40.38K

Derivative Transactions0

No derivative transactions reported

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)3

Class B Units

Indirect

Underlying security

None

Underlying shares

42.40K

Shares owned

42.40K

Exercise price

Expiration

—

Exercise window

—

Class B Units

Indirect

Underlying security

None

Underlying shares

17.55M

Shares owned

17.55M

Exercise price

Expiration

—

Exercise window

—

Class B Units

Indirect

Underlying security

None

Underlying shares

7.19M

Shares owned

7.19M

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

24.78M

Owned

24.78M

Security	Underlying	Exercise Window	Expiration	Underlying Shares	Shares Owned
Class B Units Indirect	None	—	—	42.40K	42.40K
Class B Units Indirect	None	—	—	17.55M	17.55M
Class B Units Indirect	None	—	—	7.19M	7.19M
Total				24.78M	24.78M