PJT Partners grants CEO Paul Taubman 1M performance-based LTIP units with stock-price hurdles

PJT Partners Inc.

CEO Paul Taubman receives 1,000,000 performance-based LTIP units; no further equity grants planned through 2026.
Performance condition: 50% earned at $100 20-day VWAP, 100% at $130 VWAP, linear interpolation between.
Five-year time vesting (20% per year starting March 1, 2023); limited exceptions for change in control, death, disability.
Other executives: Ji-Yeun Lee (50,410), Helen Meates (41,146), David Travin (16,212) receive similar LTIPs as part of 2021 annual incentive.

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