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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Rojek Jeffrey M. C/O GLG PARTNERS, INC. 390 PARK AVENUE, 38TH FLOOR NEW YORK, NY 10022 |
Chief Financial Officer |
/s/ Alejandro San Miguel, as attorney-in-fact | 03/16/2009 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | On March 13, 2009, 9,668 shares of restricted stock vested pursuant to the terms of the restricted stock award made to Mr. Rojek by GLG Partners, Inc. ("GLG") under GLG's 2007 Long-Term Incentive Plan. Of the 9,668 shares, 4,235 shares were withheld by GLG to cover Mr. Rojek's tax withholding obligations with respect to the vested shares. |
(2) | The shares of restricted stock vest in four equal installments annually, subject to GLG having achieved certain minimum levels of net assets under management (AUM) as of February 28, 2009, 2010, 2011 and 2012. The shares vest on the date the Compensation Committee of the Board of Directors of GLG determines that the target levels of net AUM have been achieved as of February 28, 2009, 2010, 2011 and 2012. On March 13, 2009, the first installment of 9,668 shares vested with respect to 2008. |