James S. Levin - Nov 17, 2023 Form 4 Insider Report for Sculptor Capital Management, Inc. (SCU)

Role
CIO and CEO, Director
Signature
/s/ Wayne N. Cohen, power of attorney for James S. Levin
Stock symbol
SCU
Transactions as of
Nov 17, 2023
Transactions value $
-$40,695,016
Form type
4
Date filed
11/20/2023, 04:42 PM
Previous filing
May 25, 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCU Class A Shares Disposed to Issuer $0 -1.74M -42.52% $0.00 2.35M Nov 17, 2023 Direct F1
transaction SCU Class A Shares Disposed to Issuer -$29.8M -2.35M -100% $12.70 0 Nov 17, 2023 Direct F2
transaction SCU Class A Shares Disposed to Issuer -$330K -26K -100% $12.70 0 Nov 17, 2023 Held by Trusts F2

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 SCU Class A Restricted Share Units Disposed to Issuer -$1.25M -98.5K -100% $12.70 0 Nov 17, 2023 Class A Shares 98.5K Direct F2, F3, F4
transaction SCU Class A Restricted Share Units Disposed to Issuer -$9.31M -733K -100% $12.70 0 Nov 17, 2023 Class A Shares 733K Direct F2, F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

James S. Levin is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Forfeiture of unvested Performance Restricted Class A Shares.
F2 Disposed of as a result of the merger (the "Merger") pursuant to the previously announced Agreement and Plan of Merger, dated as of July 23, 2023, as amended, by and among the Sculptor Capital Management, Inc. (the "Company"), Sculptor Capital LP, a Delaware limited partnership and subsidiary of the Company, Sculptor Capital Advisors LP, a Delaware limited partnership and subsidiary of the Company, Sculptor Capital Advisors II LP, a Delaware limited partnership and subsidiary of the Company, Rithm Capital Corp., a Delaware corporation ("Parent"), Calder Sub, Inc., a Delaware corporation and subsidiary of Parent ("Merger Sub Inc."), Calder Sub I, LP, a Delaware limited partnership and subsidiary of Parent, Calder Sub II, LP, a Delaware limited partnership and subsidiary of Parent, and Calder Sub III, LP, a Delaware limited partnership and subsidiary of Parent.
F3 Each Class A Restricted Share Unit represented a right to receive one of the Company's Class A Shares or the cash value thereof, upon the vesting date.
F4 The Class A Restricted Share Units vest, subject to certain limited exceptions, on January 1, 2024.
F5 The Class A Restricted Share Units vest, subject to certain limited exceptions, in equal installments on January 1, 2024 and January 1, 2025.