July 31, 2025 · Form 4 insider transaction
Lee Ji-Yeun sold 15,000 shares of PJT Partners Inc at $178.22 per share, a transaction worth $2.67M. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 1 day after the transaction.
On May 29, 2025, the Reporting Person submitted an Election to Exchange 15,000 Partnership Units of PJT Partners Holdings LP ("Partnership Units"), with such exchange to be settled for either cash or Class A Common Stock as determined by the Issuer's Board of Directors.; Subject to the terms of the Issuer's Exchange Agreement, on a quarterly basis, Partnership Units may be exchanged for cash, or at the election of the Issuer, shares of Class A Common Stock of the Issuer on a one-for-one basis.; Effective July 31, 2025, the Reporting Person's Partnership Units were exchanged for cash.; Includes Partnership Units that were acquired upon the occurrence of specified vesting events or grants and previously reported as either Performance LTIP Units or LTIP Units of PJT Partners Holdings LP. Of the 693,736 Partnership Units reported, 33,490 remain subject to previously disclosed time-based vesting conditions on various dates through March 1, 2029.