0001403256-23-000021.txt : 20230104 0001403256-23-000021.hdr.sgml : 20230104 20230104181101 ACCESSION NUMBER: 0001403256-23-000021 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230101 FILED AS OF DATE: 20230104 DATE AS OF CHANGE: 20230104 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Levine David Michael CENTRAL INDEX KEY: 0001691807 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33805 FILM NUMBER: 23508675 MAIL ADDRESS: STREET 1: OCH-ZIFF CAPITAL MANAGEMENT GROUP LLC STREET 2: 9 WEST 57TH STREET, 39TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Sculptor Capital Management, Inc. CENTRAL INDEX KEY: 0001403256 STANDARD INDUSTRIAL CLASSIFICATION: INVESTMENT ADVICE [6282] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 9 WEST 57TH STREET FL 39 CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: (212)790-0000 MAIL ADDRESS: STREET 1: 9 WEST 57TH STREET FL 39 CITY: NEW YORK STATE: NY ZIP: 10019 FORMER COMPANY: FORMER CONFORMED NAME: Och-Ziff Capital Management Group Inc. DATE OF NAME CHANGE: 20190508 FORMER COMPANY: FORMER CONFORMED NAME: Och-Ziff Capital Management Group LLC DATE OF NAME CHANGE: 20070614 4 1 wf-form4_167287383640498.xml FORM 4 X0306 4 2023-01-01 0 0001403256 Sculptor Capital Management, Inc. SCU 0001691807 Levine David Michael C/O SCULPTOR CAPITAL MANAGEMENT 9 WEST 57TH STREET NEW YORK NY 10019 0 1 0 0 Chief Legal Officer Class A Shares 2023-01-01 4 M 0 2353 0 A 63836 D Class A Shares 2023-01-01 4 M 0 7428 0 A 71264 D Class A Shares 2023-01-01 4 M 0 6406 0 A 77670 D Class A Shares 2023-01-01 4 D 0 2353 8.66 D 75317 D Class A Shares 2023-01-01 4 F 0 1689 8.66 D 73628 D Class A Restricted Share Units 2023-01-01 4 M 0 2353 0 D Class A Shares 2353.0 4702 D Class A Restricted Share Units 2023-01-01 4 M 0 7428 0 D Class A Shares 7428.0 7426 D Class A Restricted Share Units 2023-01-01 4 M 0 6406 0 D Class A Shares 6406.0 0 D The amount shown represents the vesting of the Class A Restricted Share Units held by the Reporting Person. Represents Class A Restricted Share Units settled in cash by the Issuer. Each Class A Restricted Share Unit represents, at the election of the administrator of the applicable plan (currently the Issuer's Compensation Committee), a right to receive one of the Issuer's Class A Shares or the cash value thereof, upon the vesting date. Represents shares that have been withheld by the Issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of Class A Restricted Share Units or Class A Restricted Shares. Includes 54,428 of Class A Restricted Shares, which is subject to both a service condition, vesting 1/3 on each of December 17, 2024, December 17, 2025 and December 17, 2026 (the "Service Condition") and a performance condition, vesting when total shareholder return (based on the closing price on the New York Stock Exchange of a Class A Share of the Issuer, and dividends paid thereon, following the grant date) equals or exceeds the Performance Thresholds, as defined below, for a period of 60 calendar days (the "Performance Condition"). The Performance Thresholds are as follows: 1/3 of Class A Restricted Shares vest if a total shareholder return of 25% is achieved; an additional 1/3 of Class A Restricted Shares vest if a total shareholder return of 39% is achieved; and the final 1/3 of Class A Restricted Shares vest if a total shareholder return of 53% is achieved, in each case based on a reference price of $24 per Class A Share. If a Class A Restricted Share described in the footnote above has not satisfied the Performance Condition by the seventh anniversary of the grant date, it will be forfeited and canceled immediately. Includes 4,702 outstanding Class A Restricted Shares granted on January 31, 2022. The remaining Class A Restricted Shares vest, subject to certain limited exceptions, in equal installments on January 1, 2024 and January 1, 2025. The Class A Restricted Share Units relate to Class A Restricted Share Units granted on January 31, 2022. The remaining Class A Restricted Share Units vest, subject to certain limited exceptions, in equal installments on January 1, 2024 and January 1, 2025. The Class A Restricted Share Units relate to Class A Restricted Share Units granted on January 31, 2021. The remaining Class A Restricted Share Units vest, subject to certain limited exceptions, on January 1, 2024. The Class A Restricted Share Units relate to Class A Restricted Share Units granted on January 31, 2020. /s/ Wayne N. Cohen, power of attorney for David Michael Levine 2023-01-04