0001567619-19-000392.txt : 20190103
0001567619-19-000392.hdr.sgml : 20190103
20190103180622
ACCESSION NUMBER: 0001567619-19-000392
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190101
FILED AS OF DATE: 20190103
DATE AS OF CHANGE: 20190103
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Galbraith Steven M
CENTRAL INDEX KEY: 0001411020
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33761
FILM NUMBER: 19507465
MAIL ADDRESS:
STREET 1: C/O PZENA INVESTMENT MANAGEMENT LLC
STREET 2: 120 WEST 45TH STREET, 20TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10036
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Pzena Investment Management, Inc.
CENTRAL INDEX KEY: 0001399249
STANDARD INDUSTRIAL CLASSIFICATION: INVESTMENT ADVICE [6282]
IRS NUMBER: 208999751
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 320 PARK AVENUE
STREET 2: 8TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
BUSINESS PHONE: 212-355-1600
MAIL ADDRESS:
STREET 1: 320 PARK AVENUE
STREET 2: 8TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
4
1
doc1.xml
FORM 4
X0306
4
2019-01-01
0
0001399249
Pzena Investment Management, Inc.
PZN
0001411020
Galbraith Steven M
C/O PZENA INVESTMENT MANAGEMENT, INC.
320 PARK AVENUE, 8TH FLOOR
NEW YORK
NY
10022
1
0
0
0
Phantom Class A common stock
2019-01-01
4
A
0
10404
8.65
A
Class A common stock, par value $0.01
10404
123688
D
Issued in connection with the Reporting Person's 2019 non-employee director annual retainer in the amount of $85,000, and $5,000 annual retainer for service as Chairman of the Compensation Committee, both of which are payable at the director's option, either 100% in cash, 100% in shares of the Issuer's Class A common stock, or 50% payable in cash and 50% in shares of the Issuer's Class A common stock. All shares of the Issuer's Class A common stock were valued at the closing price on December 31, 2018.
Each share of Phantom Class A common stock ("Phantom Stock") is the economic equivalent on one share of the Issuer's Class A common stock ("Common Stock"). The shares of Phantom Stock become payable in a single distribution of shares of Common Stock, at such time as elected by the Reporting Person at the time such deferral was made pursuant to Section 3.4 of the Pzena Investment Management, Inc. Non-Employee Director Deferred Compensation Plan (previously filed as Exhibit 10.1 to the Issuer's quarterly report on Form 10-Q, filed with the Securities and Exchange Commission on November 9, 2009).
Includes an aggregate of 5,193 share of Phantom Stock issued in-kind as dividend payment.
Steven M Coffey, as attorney-in-fact for Steven Galbraith
2019-01-03