0000950170-24-072154.txt : 20240611 0000950170-24-072154.hdr.sgml : 20240611 20240611193526 ACCESSION NUMBER: 0000950170-24-072154 CONFORMED SUBMISSION TYPE: 5 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230331 FILED AS OF DATE: 20240611 DATE AS OF CHANGE: 20240611 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Schnitzer Bruce William CENTRAL INDEX KEY: 0001328993 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 5 SEC ACT: 1934 Act SEC FILE NUMBER: 001-41715 FILM NUMBER: 241037204 MAIL ADDRESS: STREET 1: 489 FIFTH AVE., 21ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Beneficient CENTRAL INDEX KEY: 0001775734 STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199] ORGANIZATION NAME: 02 Finance IRS NUMBER: 721573705 STATE OF INCORPORATION: NV FISCAL YEAR END: 0331 BUSINESS ADDRESS: STREET 1: 325 N. SAINT PAUL STREET STREET 2: SUITE 4850 CITY: DALLAS STATE: TX ZIP: 75201 BUSINESS PHONE: 2144454705 MAIL ADDRESS: STREET 1: 325 N. SAINT PAUL STREET STREET 2: SUITE 4850 CITY: DALLAS STATE: TX ZIP: 75201 FORMER COMPANY: FORMER CONFORMED NAME: Beneficient Co Group, L.P. DATE OF NAME CHANGE: 20190503 5 1 ownership.xml 5 X0508 5 2023-03-31 0 1 0001775734 Beneficient BENF 0001328993 Schnitzer Bruce William 325 N. SAINT PAUL STREET, SUITE 4850 DALLAS TX 75201 true false false false false Class A Common Stock 2023-07-15 4 A false 643 0 A 2628 D The shares shown have been retroactively adjusted to reflect Beneficient's (the "Issuer") reverse stock split of its outstanding shares of Class A common stock, par value $0.001 per share ("Class A common stock"), and Class B common stock, par value $0.001 per share, on a 1-for-80 basis effected on April 18, 2024. Includes 643 shares of Class A common stock, par value $0.001 per share ("Class A common stock"), of Beneficient (the "Issuer") issuable upon the settlement of an award of 643 restricted stock units ("RSUs") granted pursuant to Beneficient 2023 Equity Incentive Plan to Bruce W. Schnitzer (the "Reporting Person") on July 15, 2023. Such award of RSUs to the Reporting Person vested 20% on September 1, 2023, and the remaining 80% in four equal annual installments on September 1st of each subsequent calendar year. Includes 1,797 shares of Class A common stock issuable upon the settlement of an award of 1,438 restricted equity units ("REUs") granted the Reporting Person pursuant to The Beneficient Company Group, L.P. 2018 Equity Incentive Plan ("2018 Equity Incentive Plan") on January 11, 2018. 1,250 REUs vested on the date of grant, and 188 REUs vested 25% on the date of grant, and the remaining 75% in three equal annual installments on April 25th of each subsequent calendar year. Includes 188 shares of Class A common stock issuable upon settlement of an award of 150 REUs granted to the Reporting Person pursuant to the 2018 Equity Incentive Plan on April 1, 2022. Such award of REUs to the Reporting Person shall vest 40% on June 8, 2023, and the remaining 60% in three equal annual installments on April 1st of each subsequent calendar year. /s/ David B. Rost Attorney-in-fact for Bruce W. Schnitzer 2024-06-11