SCULPTOR CAPITAL MANAGEMENT, INC. : Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K)

Written by on November 21, 2020


Merchandise 5.02. Departure of Administrators or Sure Officers; Election of Administrators;
Appointment of Sure Officers; Compensatory Preparations of Sure Officers.
Appointment of Chief Monetary Officer
On November 19, 2020, Sculptor Capital Administration, Inc. (the "Firm" or
"Sculptor") appointed Dava Ritchea to function the Firm's Chief Monetary
Officer (the "CFO"), efficient January 11, 2021 (the "Efficient Date").
Ms. Ritchea, 36, joins Sculptor from Assured Funding Administration (previously
often called BlueMountain Capital Administration), the place she served as Chief Monetary
Officer since January 2017 and vp, enterprise administration and technique,
from October 2013 to January 2017. Previous to becoming a member of Assured Funding
Administration in 2013, Ms. Ritchea labored at Barclays Capital, Credit score Suisse and
Lehman Brothers in a number of finance and technique roles. Ms. Ritchea obtained a
B.S in Enterprise Administration with a minor in Arithmetic from Carnegie Mellon
College.
New CFO Accomplice Settlement
In reference to Ms. Ritchea's appointment as CFO, she entered into accomplice
agreements (the "Accomplice Agreements") with every of Sculptor Capital LP ("SCM") ,
Sculptor Capital Advisors LP ("Advisors") and Sculptor Capital Advisors II LP
("Advisors II" and, along with Advisors and SCM, the "Working
Partnerships") offering that she can be admitted as a restricted accomplice of every
of the Working Partnerships. The Accomplice Agreements present that Ms. Ritchea
will obtain annual base compensation of $500,000, payable in equal quarterly
installments, and can be eligible to obtain an annual discretionary incentive
bonus (the "Annual Bonus") payable in respect of every 12 months that can be
decided within the discretion of, and primarily based on efficiency standards established
by, the Compensation Committee of the Board of Administrators of the Firm and the
Firm's Chief Government Officer, topic to a minimal whole annual
compensation quantity for every of 2021 and 2022 of $1.5 million, inclusive of her
annual base compensation, and additional supplied that the goal minimal whole
annual compensation quantity in 2021 and 2022 shall be between $1.5 million and $2
million. Ms. Ritchea's Annual Bonus could also be paid in money, deferred money, fairness
or a mixture thereof in step with the remedy of different government
managing administrators. Ms. Ritchea can even be entitled to sure extra
compensation in reference to commencing her employment, topic to the phrases
of the Accomplice Agreements.
The Accomplice Agreements additionally present that Ms. Ritchea will obtain a grant of
200,000 Class E working group items within the Working Partnerships (the "Class
E Items") beneath the Firm's 2013 Incentive Plan on the Efficient Date. These
Class E Items will vest in three equal installments on every of December 31,
2023, 2024 and 2025, topic to Ms. Ritchea's steady service with the
Firm via every vesting date and the phrases of the restricted partnership
agreements of the Working Partnerships.
The Accomplice Agreements additional present that Ms. Ritchea can be eligible to
take part within the Firm's 2018 Accomplice Incentive Pool for the fiscal 12 months
ending December 31, 2022, and are topic to the usual non-competition,
non-solicitation and confidentiality restrictions which are usually constant
with these relevant to our different government managing administrators.
Merchandise 7.01 Regulation FD Disclosure.
On November 20, 2020, the Firm issued a press launch saying the
appointment of Ms. Ritchea because the Firm's new Chief Monetary Officer. A duplicate
of the press launch is connected to this Present Report on Kind 8-Ok as Exhibit
99.1 and is included herein by reference.
The data contained in Merchandise 7.01 of this Present Report on Kind 8-Ok,
together with Exhibit 99.1 connected hereto, is being furnished and shall not be
deemed "filed" for any function, and shall not be deemed included by
reference in any submitting beneath the Securities Act of 1933, as amended, or the
Securities Change Act of 1934, as amended, besides as expressly set forth by
particular reference in such submitting.


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Merchandise 9.01. Monetary Statements and Reveals.

  Exhibit
    No.            Description

    99.1             Press Launch issued by Sculptor Capital Administration, Inc. on November 20,
                   2020.
    104            Cowl Web page Interactive Knowledge File (embedded inside the Inline XBRL doc).



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