Ji-Yeun Lee - 31 Jul 2025 Form 4 Insider Report for PJT Partners Inc. (PJT)

Signature
/s/ David K.F. Gillis
Issuer symbol
PJT
Transactions as of
31 Jul 2025
Transactions value $
-$2,673,260
Form type
4
Filing time
01 Aug 2025, 17:30:07 UTC
Previous filing
20 Jun 2025
Next filing
19 Sep 2025

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 01 Aug 2025 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 -$2.67M -15K -2.12% $178.22 694K 31 Jul 2025 Class A Common Stock 15K Direct F1, F2, F3, F4
holding PJT Partnershp Units of PJT Partners Holdings LP 100K 31 Jul 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 May 29, 2025, the Reporting Person submitted an Election to Exchange 15,000 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.
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 July 31, 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 693,736 Partnership Units reported, 33,490 remain subject to previously disclosed time-based vesting conditions on various dates through March 1, 2029.