Robert K. Steel - Feb 28, 2025 Form 4 Insider Report for Perella Weinberg Partners (PWP)

Role: Director
Signature: /s/ Mark Polemeni, as Attorney-in-Fact
Stock symbol: PWP
Transactions as of: Feb 28, 2025
Transactions value $: -$470,643
Form type: 4
Date filed: 3/4/2025, 04:58 PM
Previous filing: Feb 27, 2025
Next filing: Mar 6, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PWP	Class A Common Stock	Options Exercise	$0	+30K	+25.39%	$0.00	148K	Feb 28, 2025	Direct
transaction	PWP	Class A Common Stock	Tax liability	-$471K	-21.2K	-14.28%	$22.24	127K	Mar 4, 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	PWP	Performance-Based Stock Units	Options Exercise	$0	-30K	-25%	$0.00	90K	Feb 28, 2025	Class A Common Stock	30K		Direct	F2, F3, F4

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

Explanation of Responses:

Id	Content
F1	Represents deemed disposition of shares of Class A common stock to the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
F2	Each performance-based restricted stock unit ("PSU") represents a contingent right to receive one share of Class A common stock.
F3	These PSUs vested on February 28, 2025, upon the achievement of certain service-based and performance-based vesting conditions.
F4	The PSUs granted on August 31, 2021 vest based on the achievement of (i) service-based vesting conditions that are satisfied in five equal installments on the 36, 42, 48, 54 and 60 month anniversaries of the grant date and (ii) performance-based vesting conditions that are satisfied upon the achievement of closing stock price hurdles for 20 out of any 30 consecutive trading days equal to $12, $13.50, $15 and $17, in each case prior to the sixth anniversary of the grant date.