Ji-Yeun Lee - May 1, 2025 Form 4 Insider Report for PJT Partners Inc. (PJT)

Role
Managing Partner
Signature
/s/ David K.F. Gillis
Stock symbol
PJT
Transactions as of
May 1, 2025
Transactions value $
-$4,208,205
Form type
4
Date filed
5/2/2025, 05:00 PM
Previous filing
Mar 21, 2025
Next filing
Jun 20, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Lee Ji-Yeun Managing Partner 280 PARK AVENUE, NEW YORK /s/ David K.F. Gillis 2025-05-02 0001653457

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 Partnership Units of PJT Partners Holdings LP Options Exercise -$4.21M -30K -4.06% $140.27 709K May 1, 2025 Class A Common Stock 30K Direct F1, F2, F3, F4
holding PJT Partnership Units of PJT Partners Holdings LP 100K May 1, 2025 Class A Common Stock 100K By family trust F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 25, 2025, the Reporting Person submitted an Election to Exchange 30,000 Partnership Units of PJT Partners Holdings LP ("Partnership Units"), with such exchange to be settled for either cash or Class A Common Stock as determined by the Issuer's Board of Directors prior to the Issuer's quarterly earnings results.
F2 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.
F3 Effective May 1, 2025, the Reporting Person's Partnership Units were exchanged for cash.
F4 Includes Partnership Units that were acquired upon the occurrence of specified vesting events or grants and previously reported as either Performance LTIP Units or LTIP Units of PJT Partners Holdings LP. Of the 708,736 Partnership Units reported, 33,490 remain subject to previously disclosed time-based vesting conditions on various dates through March 1, 2029.