JOSEPH SIMON - 28 Mar 2024 Form 4 Insider Report for Moelis & Co (MC)

Signature
/s/ Osamu Watanabe as attorney-in-fact for Joseph Simon
Issuer symbol
MC
Transactions as of
28 Mar 2024
Transactions value $
$0
Form type
4
Filing time
02 Apr 2024, 20:29:14 UTC
Previous filing
01 Mar 2024
Next filing
24 Jun 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MC 2019 Incentive RSUs Award $0 +76 +1.06% $0.00 7.26K 28 Mar 2024 Class A Common Stock 76 $0.00 Direct F1, F2
transaction MC 2020 Incentive RSUs Award $0 +88.7 +1.06% $0.00 8.48K 28 Mar 2024 Class A Common Stock 88.7 $0.00 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit (RSU) represents the right to receive upon settlement either, at Moelis & Company's option, a share of Class A common stock or an amount of cash equal to the fair market value of such share.
F2 Incentive RSUs were issued as dividend equivalents on holder's unvested underlying Incentive RSUs issued on February 13, 2020 (and dividend equivalents subsequently issued thereon). The dividend equivalent Incentive RSUs will vest concurrently with the vesting of the unvested underlying Incentive RSUs.
F3 Incentive RSUs were issued as dividend equivalents on holder's unvested underlying Incentive RSUs issued on February 19, 2021 (and dividend equivalents subsequently issued thereon). The dividend equivalent Incentive RSUs will vest concurrently with the vesting of the unvested underlying Incentive RSUs.