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SAMG

Silvercrest Asset Management Group Inc.

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6931
SEC CIK
0001549966
Parsed reports
87

Last 12 months

Inside the activity.

3 purchase rows · 0 sale rows

Disclosed non-derivative P/S rows, by transaction month. Includes amendments and private transactions.
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Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”

The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.

Transaction dateOwner / reported roleActivity / securityShares / unitsReported priceReported valueDetails
October 12, 2017 Filed Oct 12, 2017 20:47 UTC SaleClass A common stock, par value $0.01 3,700 $14.53 $53,757.67
Disclosure

SEC source: 0001012975-17-000745 · edgar.xml · nonDerivative · entry 3

Marital Trust Under Article 7th of the Will of G. Moffett Cochran · CIK 0001704515 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 953,303

F3 · price: The transaction was executed in multiple trades at prices ranging from $14.50 to $14.55. The price above reflects the weighted average price. Detailed information regarding the number of shares transacted at each separate price will be provided upon request by the Commission staff, the Issuer or a security holder of the Issuer.

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October 11, 2017 Filed Oct 12, 2017 20:47 UTC SaleClass A common stock, par value $0.01 5,600 $14.64 $81,990.72
Disclosure

SEC source: 0001012975-17-000745 · edgar.xml · nonDerivative · entry 2

Marital Trust Under Article 7th of the Will of G. Moffett Cochran · CIK 0001704515 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 957,003

F2 · price: The transaction was executed in multiple trades at prices ranging from $14.50 to $14.75. The price above reflects the weighted average price. Detailed information regarding the number of shares transacted at each separate price will be provided upon request by the Commission staff, the Issuer or a security holder of the Issuer.

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October 10, 2017 Filed Oct 12, 2017 20:47 UTC SaleClass A common stock, par value $0.01 22,500 $14.90 $335,178.00
Disclosure

SEC source: 0001012975-17-000745 · edgar.xml · nonDerivative · entry 1

Marital Trust Under Article 7th of the Will of G. Moffett Cochran · CIK 0001704515 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 962,603

F1 · price: The transaction was executed in multiple trades at prices ranging from $14.75 to $15.25. The price above reflects the weighted average price. Detailed information regarding the number of shares transacted at each separate price will be provided upon request by the Commission staff, the Issuer or a security holder of the Issuer.

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September 11, 2017 Filed Sep 14, 2017 20:33 UTC
Dunn Brian DDirector
PurchaseClass A common stock, par value $0.01 5,000 $13.28 $66,377.50
Disclosure

SEC source: 0001012975-17-000708 · edgar.xml · nonDerivative · entry 1

Dunn Brian D · CIK 0001704382 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,000

F1 · kind: This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.

F2 · price: The transaction was executed in multiple trades at prices ranging from $13.05 to $13.45. The price above reflects the weighted average price. Detailed information regarding the number of shares transacted at each separate price will be provided upon request by the Commission staff, the Issuer or a security holder of the Issuer.

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April 18, 2017 Filed Apr 20, 2017 21:51 UTC OtherClass A common stock, par value $0.01 1,005,103 Not disclosed Not disclosed
Disclosure

SEC source: 0001012975-17-000340 · edgar.xml · nonDerivative · entry 1

ESTATE OF G. MOFFETT COCHRAN · CIK 0001596479 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F1 · kind: The Estate of G. Moffett Cochran (the "Estate") distributed the shares without consideration to two trusts for the benefit of the family of G. Moffett Cochran.

F1 · price: The Estate of G. Moffett Cochran (the "Estate") distributed the shares without consideration to two trusts for the benefit of the family of G. Moffett Cochran.

F2 · balance_after: Due to a clerical error, the Form 4 filed on March 2, 2015 incorrectly reflected the total number of shares of Class A common stock beneficially owned by the Estate. The Estate beneficially owned 1,005,103 shares of Class A common stock following the transaction reported by the March 2, 2015 Form 4.

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August 06, 2015 Filed Aug 9, 2018 17:26 UTC Amendment
GERARD SCOTT AChief Financial Officer
GrantClass B units · Derivative 48,669 $0.00 $0.00
Disclosure

SEC source: 0001012975-18-000974 · edgar.xml · derivative · entry 2

GERARD SCOTT A · CIK 0001266132 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 115,299

Underlying: Class A Common Stock, par value $0.01 · 48,669 shares

Expires not disclosed

F4 · security: Each Class B Unit is exchangeable for a share of Class A common stock of the Company, subject to the timing and volume limitations set forth in the Amended LPA.

F5 · security: Pursuant to the Exchange Agreement, so long as the holder is employed by Silvercrest L.P., each year in the period beginning on January 2, 2014, the holder and his permitted transferees may collectively exchange for shares of Class A common stock up to the number of vested Class B units that equals 20% of all Class B units such holder and his or her permitted transferees collectively hold as of the first day of that year, in accordance with the timing restrictions described in footnote 6 below. The holder must retain at least 25% of the number of Class B units held by the holder on July 2, 2013.

F6 · security: Holders of Class B units are permitted to sell shares of Class A common stock issued upon exchange of Class B units during the first 10-day period of the open trading window of each quarter.

F4 · derivative.exercise_price: Each Class B Unit is exchangeable for a share of Class A common stock of the Company, subject to the timing and volume limitations set forth in the Amended LPA.

F1 · kind: Represents a grant of restricted stock units ("RSUs"). Each RSU represents the right to receive a Class B Unit in Silvercrest L.P., each of which is paired with a share of Class B common stock of Silvercrest Asset Management Group Inc. (the "Company"). The Class B Units are exchangeable on a one-for-one basis for Class A common stock of the Company upon the terms and subject to the conditions set forth in the Exchange Agreement (the "Exchange Agreement"), dated as of June 26, 2014. Class B common stock corresponding to the Class B Units are automatically cancelled upon such conversion. Twenty-five percent of the restricted stock units granted vest and settle on each of the first, second, third and fourth anniversaries of August 6, 2015, the grant date.

F5 · derivative.exercise_date: Pursuant to the Exchange Agreement, so long as the holder is employed by Silvercrest L.P., each year in the period beginning on January 2, 2014, the holder and his permitted transferees may collectively exchange for shares of Class A common stock up to the number of vested Class B units that equals 20% of all Class B units such holder and his or her permitted transferees collectively hold as of the first day of that year, in accordance with the timing restrictions described in footnote 6 below. The holder must retain at least 25% of the number of Class B units held by the holder on July 2, 2013.

F6 · derivative.exercise_date: Holders of Class B units are permitted to sell shares of Class A common stock issued upon exchange of Class B units during the first 10-day period of the open trading window of each quarter.

F5 · derivative.expiration_date: Pursuant to the Exchange Agreement, so long as the holder is employed by Silvercrest L.P., each year in the period beginning on January 2, 2014, the holder and his permitted transferees may collectively exchange for shares of Class A common stock up to the number of vested Class B units that equals 20% of all Class B units such holder and his or her permitted transferees collectively hold as of the first day of that year, in accordance with the timing restrictions described in footnote 6 below. The holder must retain at least 25% of the number of Class B units held by the holder on July 2, 2013.

F6 · derivative.expiration_date: Holders of Class B units are permitted to sell shares of Class A common stock issued upon exchange of Class B units during the first 10-day period of the open trading window of each quarter.

F3 · balance_after: Holdings reflect not only the grant of the RSUs, including unvested units, but transactions subsequent to such grant and prior to the filing of this amendment, each of which has been previously reported on Form 4.

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August 06, 2015 Filed Aug 9, 2018 17:26 UTC Amendment
GERARD SCOTT AChief Financial Officer
GrantClass B Common Stock, par value $0.01 48,669 $0.00 $0.00
Disclosure

SEC source: 0001012975-18-000974 · edgar.xml · nonDerivative · entry 1

GERARD SCOTT A · CIK 0001266132 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 115,299

F1 · kind: Represents a grant of restricted stock units ("RSUs"). Each RSU represents the right to receive a Class B Unit in Silvercrest L.P., each of which is paired with a share of Class B common stock of Silvercrest Asset Management Group Inc. (the "Company"). The Class B Units are exchangeable on a one-for-one basis for Class A common stock of the Company upon the terms and subject to the conditions set forth in the Exchange Agreement (the "Exchange Agreement"), dated as of June 26, 2014. Class B common stock corresponding to the Class B Units are automatically cancelled upon such conversion. Twenty-five percent of the restricted stock units granted vest and settle on each of the first, second, third and fourth anniversaries of August 6, 2015, the grant date.

F2 · kind: When the holder of a Class B Unit exchanges or forfeits such Class B Unit pursuant to the terms of the amended and restated certificate of incorporation of the Company and the second amended and restated limited partnership agreement of Silvercrest L.P. (the "Amended LPA"), each corresponding share of Class B common stock is redeemed for its par value and cancelled by the Company.

F3 · balance_after: Holdings reflect not only the grant of the RSUs, including unvested units, but transactions subsequent to such grant and prior to the filing of this amendment, each of which has been previously reported on Form 4.

Read SEC document
August 06, 2015 Filed Aug 9, 2018 21:30 UTC Amendment
MESSINA ALDirector
GrantClass B units · Derivative 38,023 $0.00 $0.00
Disclosure

SEC source: 0001012975-18-000980 · edgar.xml · derivative · entry 2

MESSINA AL · CIK 0001579162 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 202,318

Underlying: Class A Common Stock, par value $0.01 · 38,023 shares

Expires not disclosed

F4 · security: Each Class B Unit is exchangeable for a share of Class A common stock of the Company, subject to the timing and volume limitations set forth in the Amended LPA.

F5 · security: Pursuant to the Exchange Agreement, so long as the holder is employed by Silvercrest L.P., each year in the period beginning on January 2, 2014, the holder and his permitted transferees may collectively exchange for shares of Class A common stock up to the number of vested Class B units that equals 20% of all Class B units such holder and his or her permitted transferees collectively hold as of the first day of that year, in accordance with the timing restrictions described in footnote 6 below. The holder must retain at least 25% of the number of Class B units held by the holder on July 2, 2013.

F6 · security: Holders of Class B units are permitted to sell shares of Class A common stock issued upon exchange of Class B units during the first 10-day period of the open trading window of each quarter.

F4 · derivative.exercise_price: Each Class B Unit is exchangeable for a share of Class A common stock of the Company, subject to the timing and volume limitations set forth in the Amended LPA.

F1 · kind: Represents a grant of restricted stock units ("RSUs"). Each RSU represents the right to receive a Class B Unit in Silvercrest L.P., each of which is paired with a share of Class B common stock of Silvercrest Asset Management Group Inc. (the "Company"). The Class B Units are exchangeable on a one-for-one basis for Class A common stock of the Company upon the terms and subject to the conditions set forth in the Exchange Agreement (the "Exchange Agreement"), dated as of June 26, 2014. Class B common stock corresponding to the Class B Units are automatically cancelled upon such conversion. Twenty-five percent of the restricted stock units granted vest and settle on each of the first, second, third and fourth anniversaries of August 6, 2015, the grant date.

F5 · derivative.exercise_date: Pursuant to the Exchange Agreement, so long as the holder is employed by Silvercrest L.P., each year in the period beginning on January 2, 2014, the holder and his permitted transferees may collectively exchange for shares of Class A common stock up to the number of vested Class B units that equals 20% of all Class B units such holder and his or her permitted transferees collectively hold as of the first day of that year, in accordance with the timing restrictions described in footnote 6 below. The holder must retain at least 25% of the number of Class B units held by the holder on July 2, 2013.

F6 · derivative.exercise_date: Holders of Class B units are permitted to sell shares of Class A common stock issued upon exchange of Class B units during the first 10-day period of the open trading window of each quarter.

F5 · derivative.expiration_date: Pursuant to the Exchange Agreement, so long as the holder is employed by Silvercrest L.P., each year in the period beginning on January 2, 2014, the holder and his permitted transferees may collectively exchange for shares of Class A common stock up to the number of vested Class B units that equals 20% of all Class B units such holder and his or her permitted transferees collectively hold as of the first day of that year, in accordance with the timing restrictions described in footnote 6 below. The holder must retain at least 25% of the number of Class B units held by the holder on July 2, 2013.

F6 · derivative.expiration_date: Holders of Class B units are permitted to sell shares of Class A common stock issued upon exchange of Class B units during the first 10-day period of the open trading window of each quarter.

F3 · balance_after: Holdings reflect not only the grant of the RSUs, including unvested units, but transactions subsequent to such grant and prior to the filing of this amendment, each of which has been previously reported on Form 4.

Read SEC document
August 06, 2015 Filed Aug 9, 2018 21:30 UTC Amendment
MESSINA ALDirector
GrantClass B Common Stock, par value $0.01 38,023 $0.00 $0.00
Disclosure

SEC source: 0001012975-18-000980 · edgar.xml · nonDerivative · entry 1

MESSINA AL · CIK 0001579162 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 202,318

F1 · kind: Represents a grant of restricted stock units ("RSUs"). Each RSU represents the right to receive a Class B Unit in Silvercrest L.P., each of which is paired with a share of Class B common stock of Silvercrest Asset Management Group Inc. (the "Company"). The Class B Units are exchangeable on a one-for-one basis for Class A common stock of the Company upon the terms and subject to the conditions set forth in the Exchange Agreement (the "Exchange Agreement"), dated as of June 26, 2014. Class B common stock corresponding to the Class B Units are automatically cancelled upon such conversion. Twenty-five percent of the restricted stock units granted vest and settle on each of the first, second, third and fourth anniversaries of August 6, 2015, the grant date.

F2 · kind: When the holder of a Class B Unit exchanges or forfeits such Class B Unit pursuant to the terms of the amended and restated certificate of incorporation of the Company and the second amended and restated limited partnership agreement of Silvercrest L.P. (the "Amended LPA"), each corresponding share of Class B common stock is redeemed for its par value and cancelled by the Company.

F3 · balance_after: Holdings reflect not only the grant of the RSUs, including unvested units, but transactions subsequent to such grant and prior to the filing of this amendment, each of which has been previously reported on Form 4.

Read SEC document
August 06, 2015 Filed Aug 9, 2018 21:28 UTC Amendment
HOUGH RICHARD R IIIDirector · Chairman and CEO
GrantClass B units · Derivative 72,243 $0.00 $0.00
Disclosure

SEC source: 0001012975-18-000978 · edgar.xml · derivative · entry 2

HOUGH RICHARD R III · CIK 0001560880 · Director · Chairman and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 254,888

Underlying: Class A Common Stock, par value $0.01 · 72,243 shares

Expires not disclosed

F4 · security: Each Class B Unit is exchangeable for a share of Class A common stock of the Company, subject to the timing and volume limitations set forth in the Amended LPA.

F5 · security: Pursuant to the Exchange Agreement, so long as the holder is employed by Silvercrest L.P., each year in the period beginning on January 2, 2014, the holder and his permitted transferees may collectively exchange for shares of Class A common stock up to the number of vested Class B units that equals 20% of all Class B units such holder and his or her permitted transferees collectively hold as of the first day of that year, in accordance with the timing restrictions described in footnote 6 below. The holder must retain at least 25% of the number of Class B units held by the holder on July 2, 2013.

F6 · security: Holders of Class B units are permitted to sell shares of Class A common stock issued upon exchange of Class B units during the first 10-day period of the open trading window of each quarter.

F4 · derivative.exercise_price: Each Class B Unit is exchangeable for a share of Class A common stock of the Company, subject to the timing and volume limitations set forth in the Amended LPA.

F1 · kind: Represents a grant of restricted stock units ("RSUs"). Each RSU represents the right to receive a Class B Unit in Silvercrest L.P., each of which is paired with a share of Class B common stock of Silvercrest Asset Management Group Inc. (the "Company"). The Class B Units are exchangeable on a one-for-one basis for Class A common stock of the Company upon the terms and subject to the conditions set forth in the Exchange Agreement (the "Exchange Agreement"), dated as of June 26, 2014. Class B common stock corresponding to the Class B Units are automatically cancelled upon such conversion. Twenty-five percent of the restricted stock units granted vest and settle on each of the first, second, third and fourth anniversaries of August 6, 2015, the grant date.

F5 · derivative.exercise_date: Pursuant to the Exchange Agreement, so long as the holder is employed by Silvercrest L.P., each year in the period beginning on January 2, 2014, the holder and his permitted transferees may collectively exchange for shares of Class A common stock up to the number of vested Class B units that equals 20% of all Class B units such holder and his or her permitted transferees collectively hold as of the first day of that year, in accordance with the timing restrictions described in footnote 6 below. The holder must retain at least 25% of the number of Class B units held by the holder on July 2, 2013.

F6 · derivative.exercise_date: Holders of Class B units are permitted to sell shares of Class A common stock issued upon exchange of Class B units during the first 10-day period of the open trading window of each quarter.

F5 · derivative.expiration_date: Pursuant to the Exchange Agreement, so long as the holder is employed by Silvercrest L.P., each year in the period beginning on January 2, 2014, the holder and his permitted transferees may collectively exchange for shares of Class A common stock up to the number of vested Class B units that equals 20% of all Class B units such holder and his or her permitted transferees collectively hold as of the first day of that year, in accordance with the timing restrictions described in footnote 6 below. The holder must retain at least 25% of the number of Class B units held by the holder on July 2, 2013.

F6 · derivative.expiration_date: Holders of Class B units are permitted to sell shares of Class A common stock issued upon exchange of Class B units during the first 10-day period of the open trading window of each quarter.

F3 · balance_after: Holdings reflect not only the grant of the RSUs, including unvested units, but transactions subsequent to such grant and prior to the filing of this amendment, each of which has been previously reported on Form 4.

Read SEC document
August 06, 2015 Filed Aug 9, 2018 21:28 UTC Amendment
HOUGH RICHARD R IIIDirector · Chairman and CEO
GrantClass B Common Stock, par value $0.01 72,243 $0.00 $0.00
Disclosure

SEC source: 0001012975-18-000978 · edgar.xml · nonDerivative · entry 1

HOUGH RICHARD R III · CIK 0001560880 · Director · Chairman and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 254,888

F1 · kind: Represents a grant of restricted stock units ("RSUs"). Each RSU represents the right to receive a Class B Unit in Silvercrest L.P., each of which is paired with a share of Class B common stock of Silvercrest Asset Management Group Inc. (the "Company"). The Class B Units are exchangeable on a one-for-one basis for Class A common stock of the Company upon the terms and subject to the conditions set forth in the Exchange Agreement (the "Exchange Agreement"), dated as of June 26, 2014. Class B common stock corresponding to the Class B Units are automatically cancelled upon such conversion. Twenty-five percent of the restricted stock units granted vest and settle on each of the first, second, third and fourth anniversaries of August 6, 2015, the grant date.

F2 · kind: When the holder of a Class B Unit exchanges or forfeits such Class B Unit pursuant to the terms of the amended and restated certificate of incorporation of the Company and the second amended and restated limited partnership agreement of Silvercrest L.P. (the "Amended LPA"), each corresponding share of Class B common stock is redeemed for its par value and cancelled by the Company.

F3 · balance_after: Holdings reflect not only the grant of the RSUs, including unvested units, but transactions subsequent to such grant and prior to the filing of this amendment, each of which has been previously reported on Form 4.

Read SEC document
August 06, 2015 Filed Aug 9, 2018 21:27 UTC Amendment
CAMPBELL DAVID JGeneral Counsel and Secretary
GrantClass B units · Derivative 41,825 $0.00 $0.00
Disclosure

SEC source: 0001012975-18-000976 · edgar.xml · derivative · entry 2

CAMPBELL DAVID J · CIK 0001560899 · General Counsel and Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 141,594

Underlying: Class A Common Stock, par value $0.01 · 41,825 shares

Expires not disclosed

F4 · security: Each Class B Unit is exchangeable for a share of Class A common stock of the Company, subject to the timing and volume limitations set forth in the Amended LPA.

F5 · security: Pursuant to the Exchange Agreement, so long as the holder is employed by Silvercrest L.P., each year in the period beginning on January 2, 2014, the holder and his permitted transferees may collectively exchange for shares of Class A common stock up to the number of vested Class B units that equals 20% of all Class B units such holder and his or her permitted transferees collectively hold as of the first day of that year, in accordance with the timing restrictions described in footnote 6 below. The holder must retain at least 25% of the number of Class B units held by the holder on July 2, 2013.

F6 · security: Holders of Class B units are permitted to sell shares of Class A common stock issued upon exchange of Class B units during the first 10-day period of the open trading window of each quarter.

F4 · derivative.exercise_price: Each Class B Unit is exchangeable for a share of Class A common stock of the Company, subject to the timing and volume limitations set forth in the Amended LPA.

F1 · kind: Represents a grant of restricted stock units ("RSUs"). Each RSU represents the right to receive a Class B Unit in Silvercrest L.P., each of which is paired with a share of Class B common stock of Silvercrest Asset Management Group Inc. (the "Company"). The Class B Units are exchangeable on a one-for-one basis for Class A common stock of the Company upon the terms and subject to the conditions set forth in the Exchange Agreement (the "Exchange Agreement"), dated as of June 26, 2014. Class B common stock corresponding to the Class B Units are automatically cancelled upon such conversion. Twenty-five percent of the restricted stock units granted vest and settle on each of the first, second, third and fourth anniversaries of August 6, 2015, the grant date.

F6 · derivative.exercise_date: Holders of Class B units are permitted to sell shares of Class A common stock issued upon exchange of Class B units during the first 10-day period of the open trading window of each quarter.

F5 · derivative.exercise_date: Pursuant to the Exchange Agreement, so long as the holder is employed by Silvercrest L.P., each year in the period beginning on January 2, 2014, the holder and his permitted transferees may collectively exchange for shares of Class A common stock up to the number of vested Class B units that equals 20% of all Class B units such holder and his or her permitted transferees collectively hold as of the first day of that year, in accordance with the timing restrictions described in footnote 6 below. The holder must retain at least 25% of the number of Class B units held by the holder on July 2, 2013.

F6 · derivative.expiration_date: Holders of Class B units are permitted to sell shares of Class A common stock issued upon exchange of Class B units during the first 10-day period of the open trading window of each quarter.

F5 · derivative.expiration_date: Pursuant to the Exchange Agreement, so long as the holder is employed by Silvercrest L.P., each year in the period beginning on January 2, 2014, the holder and his permitted transferees may collectively exchange for shares of Class A common stock up to the number of vested Class B units that equals 20% of all Class B units such holder and his or her permitted transferees collectively hold as of the first day of that year, in accordance with the timing restrictions described in footnote 6 below. The holder must retain at least 25% of the number of Class B units held by the holder on July 2, 2013.

F3 · balance_after: Holdings reflect not only the grant of the RSUs, including unvested units, but transactions subsequent to such grant and prior to the filing of this amendment, each of which has been previously reported on Form 4.

Read SEC document
August 06, 2015 Filed Aug 9, 2018 21:27 UTC Amendment
CAMPBELL DAVID JGeneral Counsel and Secretary
GrantClass B Common Stock, par value $0.01 41,825 $0.00 $0.00
Disclosure

SEC source: 0001012975-18-000976 · edgar.xml · nonDerivative · entry 1

CAMPBELL DAVID J · CIK 0001560899 · General Counsel and Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 141,594

F1 · kind: Represents a grant of restricted stock units ("RSUs"). Each RSU represents the right to receive a Class B Unit in Silvercrest L.P., each of which is paired with a share of Class B common stock of Silvercrest Asset Management Group Inc. (the "Company"). The Class B Units are exchangeable on a one-for-one basis for Class A common stock of the Company upon the terms and subject to the conditions set forth in the Exchange Agreement (the "Exchange Agreement"), dated as of June 26, 2014. Class B common stock corresponding to the Class B Units are automatically cancelled upon such conversion. Twenty-five percent of the restricted stock units granted vest and settle on each of the first, second, third and fourth anniversaries of August 6, 2015, the grant date.

F2 · kind: When the holder of a Class B Unit exchanges or forfeits such Class B Unit pursuant to the terms of the amended and restated certificate of incorporation of the Company and the second amended and restated limited partnership agreement of Silvercrest L.P. (the "Amended LPA"), each corresponding share of Class B common stock is redeemed for its par value and cancelled by the Company.

F3 · balance_after: Holdings reflect not only the grant of the RSUs, including unvested units, but transactions subsequent to such grant and prior to the filing of this amendment, each of which has been previously reported on Form 4.

Read SEC document

Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.