Sculptor Capital Management (SCU) Form 4 Och-Ziff Capital Management / Erez Elisha ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Elisha Erez

(Last) (First) (Middle)

OCH-ZIFF CAPITAL MANAGEMENT GROUP LLC

9 WEST 57TH STREET, 39TH FLOOR

(Street)

NEW YORK NY 10019

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Och-Ziff Capital Management Group LLC [ OZM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
12/26/2018

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Shares	12/26/2018		M		300,748(1)	A	(1)	300,748	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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 Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Class A Restricted Share Units	(2)	12/26/2018		M			20,730	(3)	(3)	Class A Shares	20,730	$0	0	D
Class A Restricted Share Units	(2)	12/26/2018		M			46,100	(4)	(4)	Class A Shares	46,100	$0	46,096	D
Class A Restricted Share Units	(2)	12/26/2018		M			25,999	(5)	(5)	Class A Shares	25,999	$0	51,994	D
Class A Restricted Share Units	(2)	12/26/2018		M			207,919	(6)	(6)	Class A Shares	207,919	$0	415,835	D

Explanation of Responses:

1. The transaction reported on this line represents the vesting of Class A Restricted Share Units as presented in Table II below.

2. 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.

3. The Class A Restricted Share Units relate to outstanding Class A Restricted Share Units granted on January 31, 2016.

4. The Class A Restricted Share Units relate to outstanding Class A Restricted Share Units granted on January 31, 2017. The remaining Class A Restricted Share Units vest, subject to certain limited exceptions, on December 26, 2019.

5. The Class A Restricted Share Units relate to outstanding Class A Restricted Share Units granted on January 31, 2018. The remaining Class A Restricted Share Units vest, subject to certain limited exceptions, in equal installments on December 26, 2019 and December 26, 2020.

6. The Class A Restricted Share Units relate to outstanding Class A Restricted Share Units granted on April 23, 2018. The remaining Class A Restricted Share Units vest, subject to certain limited exceptions, in equal installments on December 26, 2019 and December 26, 2020.

Remarks:

	/s/ Erez Elisha	12/28/2018
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
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