JASON A. GOTTLIEB - 15 Feb 2023 Form 4 Insider Report for Artisan Partners Asset Management Inc. (APAM)

Role: President
Signature: /s/Lisa A. Moran, attorney-in-fact for Mr. Gottlieb
Issuer symbol: APAM
Transactions as of: 15 Feb 2023
Transactions value $: -$511,700
Form type: 4
Filing time: 16 Feb 2023, 15:43:39 UTC
Previous filing: 01 Mar 2022
Next filing: 02 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	APAM	Class A Common Stock, par value $0.01 per share	Options Exercise	$0	+22.5K	+35.31%	$0.00	86.2K	15 Feb 2023	Direct
transaction	APAM	Class A Common Stock, par value $0.01 per share	Tax liability	-$512K	-14.2K	-16.48%	$36.02	72K	15 Feb 2023	Direct

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	APAM	Performance Share Units	Options Exercise	$0	-30K	-31.85%	$0.00	64.2K	15 Feb 2023	Class A Common Stock, par value $0.01 per share	30K		Direct	F1, F2
transaction	APAM	Restricted Share Units	Award	$0	+22.5K		$0.00	22.5K	15 Feb 2023	Class A Common Stock, par value $0.01 per share	22.5K		Direct	F3

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

Explanation of Responses:

Id	Content
F1	Each performance share unit ("PSU"), which was granted under the Artisan Partners Asset Management Inc. 2013 Omnibus Incentive Compensation Plan and previously reported, represented a contingent right to receive one share of Class A common stock, par value $0.01 per share ("Share").
F2	Performance under the PSUs was measured on 2/15/2023 based on performance over a period ending on 12/31/2022. Half of the earned PSUs were settled in Shares on 2/15/2023, and half will settle in Shares upon a qualifying retirement subject to continued service.
F3	Half of the PSUs that were earned on 2/15/2023, each of which represents a contingent right to receive one Share, will be eligible to vest based on continued service through the date of a qualified retirement.