David Adam Travin - Feb 10, 2025 Form 4 Insider Report for PJT Partners Inc. (PJT)

Role: General Counsel
Signature: /s/ David K.F. Gillis
Stock symbol: PJT
Transactions as of: Feb 10, 2025
Transactions value $: $1,178,603
Form type: 4
Date filed: 2/12/2025, 07:02 PM
Previous filing: Feb 7, 2025
Next filing: Mar 5, 2025
SEC: View on sec.gov

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	PJT	LTIP Units of PJT Partners Holdings LP	Award	$1.18M	+6.94K		$169.95	6.94K	Feb 10, 2025	Class A Common Stock	6.94K		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents series of LTIP Units of PJT Partners Holdings LP ("LTIP Units") granted by the Issuer to the Reporting Person as long-term incentive awards with respect to 2024 performance year. Of these LTIP Units, 5,463 generally vest ratably over three years on each of March 1, 2027, March 1, 2028 and March 1, 2029, and 1,472 generally vest ratably over two years on each of March 1, 2028 and March 1, 2029. Upon the occurrence of specified events, the LTIP Units reported herein can automatically be converted into Partnership Units of PJT Partners Holdings LP ("Partnership Units") on a one-for-one basis. Subject to the terms of the Issuer's Exchange Agreement, on a quarterly basis, Partnership Units may be exchanged for cash, or at the election of the Issuer, shares of Class A Common Stock of the Issuer on a one-for-one basis.

Content

Represents series of LTIP Units of PJT Partners Holdings LP ("LTIP Units") granted by the Issuer to the Reporting Person as long-term incentive awards with respect to 2024 performance year. Of these LTIP Units, 5,463 generally vest ratably over three years on each of March 1, 2027, March 1, 2028 and March 1, 2029, and 1,472 generally vest ratably over two years on each of March 1, 2028 and March 1, 2029. Upon the occurrence of specified events, the LTIP Units reported herein can automatically be converted into Partnership Units of PJT Partners Holdings LP ("Partnership Units") on a one-for-one basis. Subject to the terms of the Issuer's Exchange Agreement, on a quarterly basis, Partnership Units may be exchanged for cash, or at the election of the Issuer, shares of Class A Common Stock of the Issuer on a one-for-one basis.