Jason A. Gottlieb - Feb 18, 2025 Form 4 Insider Report for Artisan Partners Asset Management Inc. (APAM)

Role
President
Signature
/s/Lisa A. Moran, attorney-in-fact for Mr. Gottlieb
Stock symbol
APAM
Transactions as of
Feb 18, 2025
Transactions value $
-$730,251
Form type
4
Date filed
2/19/2025, 07:50 PM
Previous filing
Mar 1, 2024
Next filing
Mar 3, 2025
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 +27K +17.86% $0.00 178K Feb 18, 2025 Direct
transaction APAM Class A Common Stock, par value $0.01 per share Tax liability -$730K -16.4K -9.23% $44.43 162K 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 APAM Performance Share Units Options Exercise $0 -36K -100% $0.00 0 Feb 18, 2025 Class A Common Stock, par value $0.01 per share 36K Direct F2, F3
transaction APAM Restricted Share Units Award $0 +27K +73.71% $0.00 63.6K Feb 18, 2025 Class A Common Stock, par value $0.01 per share 27K Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The number of Shares (as defined below) held by the Reporting person was also adjusted downward to account for an inadvertent underreporting of Shares withheld in connection with the February 2024 vesting event.
F2 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 a share of Class A common stock, par value $0.01 per share ("Share"). Each grant of PSUs was eligible to vest at up to 150%, subject to meeting the relevant performance conditions.
F3 Performance under the PSUs was measured on 2/18/2025, based on performance over a period ending on 12/31/2024. Half of the earned PSUs were settled in Shares on 2/18/2025, and half will settle in Shares upon a qualifying retirement subject to continued service.
F4 Half of the PSUs that were earned on 2/18/2025, 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.