Joseph Simon - Feb 18, 2025 Form 4 Insider Report for Moelis & Co (MC)

Role: Chief Financial Officer
Signature: /s/ Osamu Watanabe as attorney-in-fact for Joseph Simon
Stock symbol: MC
Transactions as of: Feb 18, 2025
Transactions value $: $0
Form type: 4
Date filed: 2/20/2025, 07:05 PM
Previous filing: Feb 6, 2025
Next filing: Feb 21, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MC	Class A Common Stock	Options Exercise		+16.8K			16.8K	Feb 18, 2025	Direct	F1

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	2021 Vested LP Units of MCGEH	Options Exercise		-5.68K	-100%		0	Feb 18, 2025	Class A Common Stock	5.68K		Direct	F1, F2, F3
transaction	MC	2021 LP Units of MCGEH	Options Exercise		-3.36K	-33.33%		6.72K	Feb 18, 2025	Class A Common Stock	3.36K		Direct	F1, F2, F4
transaction	MC	2022 Vested LP Units of MCGEH	Options Exercise		-7.72K	-40%		11.6K	Feb 18, 2025	Class A Common Stock	7.72K		Direct	F1, F2, F5

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

Explanation of Responses:

Id	Content
F1	On February 18, 2025 certain of the holder's LP units in Moelis & Company Group Employee Holdings LP ("MCGEH") granted in February 2022 and 2023 for compensation awarded for the 2021 and 2022 fiscal years (the "2021 Vested LP Units", " "2021 LP Units" and "2022 Vested LP Units") were exchanged for an equal number of shares of Moelis & Company Class A common stock pursuant to the terms of the Second Amended and Restated Limited Partnership Agreement of MCGEH. The exchanges were approved by the Company's Compensation Committee under Rule 16b-3.
F2	Certain of the 2021 Vested LP Units, 2021 LP Units and 2022 Vested LP Units became eligible for exchange into Class A Common Stock following vesting and Book-Up (as defined below).
F3	The 2021 Vested LP Units vest at grant and may be redeemed by the holder for shares of Class A Common Stock on a one-for-one basis on the third anniversary of the grant date (February 2025) and a sufficient amount of profits have been allocated to the holder of the LP Units (the "Book-Up").
F4	The 2021 LP Units vest over four years as follows: (a) 40% vests on or about February 23, 2024, and (b) and 20% vests on or about each of February 23, 2025, February 23, 2026 and February 23, 2027, These 2021 LP Units may be redeemed by the holder for shares of Class A Common Stock on a one-for-one basis after the LP Units become vested and a sufficient amount of profits have been allocated to the holder of the LP Units (the "Book-Up").
F5	The 2022 Vested LP Units vest at grant and may be redeemed as follows: (a) 40% on or about February 23, 2025, and (b) and 20% on or about each of February 23, 2026, February 23, 2027 and February 23, 2028. These 2022 Vested LP units may be redeemded by the holder for shares of Class A Common Stock on a one-for-one basis beginning on the third anniversary of the grant date (February 2025) and a sufficient amount of profits have been allocated to the holder of the LP Units (the "Book-Up"). In addition, the 2022 Vested LP Units are subject to sale and non-compete restrictions through the fifth anniversary of the grant date.