David Michael Levine, Och-Ziff Capital Management Group LLC's Chief Legal Officer, just received 3,035 restricted shares from the company. The restricted shares don't become available to Levine until such time as they become vested. Levine now owns at least 284,838 restricted shares of the company.
Some additional info was provided as follows:
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.
The Class A Restricted Share Units vest, subject to certain limited exceptions, as follows: 26,186 on September 14, 2018; 78,133 on March 1, 2019; 26,187 on September
13, 2019; 78,132 on March 2, 2020; 26,186 on September 14, 2020; and 49,869 on March 1, 2021.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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