Evercore Inc. Files Proxy Statement Update

TL;DR

Evercore filed proxy docs, check for updates before voting.

AI Summary

Evercore Inc. filed a Definitive Additional Materials proxy statement on May 13, 2024, related to its annual shareholder meeting. The filing is a supplement to the previously distributed proxy materials and does not introduce new proposals but provides additional information for shareholders.

Why It Matters

This filing ensures shareholders have the most up-to-date information before voting on matters presented at the company's annual meeting, impacting corporate governance and shareholder rights.

Risk Assessment

Risk Level: low — This is a routine proxy filing providing additional information to shareholders and does not indicate any unusual risks or events.

Key Players & Entities

• Evercore Inc. (company) — Registrant
• 55 EAST 52ND STREET (company) — Business Address
• NEW YORK (company) — Business Address City
• 212-857-3100 (company) — Business Phone

FAQ

Key Financial Figures

• $523 million — e incentives of our broad Returned over $523 million to base of employees with our Equity-ba
• $264,690 — 5.2% Evercore ......................... $264,690 9.37% $126,747 Moelis .................
• $126,747 M — ........................ $264,690 9.37% $126,747 Moelis ..................................
• $241,723 — 5% Lazard ............................. $241,723 8.55% $73,457 PJT Partners.............
• $73,457 — ........................ $241,723 8.55% $73,457 PJT Partners....................... 5.0
• $151,688 — % Moelis .............................. $151,688 13.46% $139,676 Greenhill .............
• $139,676 — ....................... $151,688 13.46% $139,676 Greenhill .............................
• $150,992 — .. 9.8% PJT Partners .................. $150,992 14.29% $164,599 Houlihan Lokey ........
• $164,599 — ners .................. $150,992 14.29% $164,599 Houlihan Lokey .................. 3.0%
• $30,850 — .0% Greenhill ......................... $30,850 10.71% $82,708 Perella Weinberg Partner
• $82,708 — ........................ $30,850 10.71% $82,708 Perella Weinberg Partners 5.9% Perella
• $144,287 — Partners 5.9% Perella Weinberg Partners $144,287 20.79% $224,049 6 * See pg. 76 of our 2
• $224,049 — rella Weinberg Partners $144,287 20.79% $224,049 6 * See pg. 76 of our 2024 Proxy Statem

Filing Documents

• d807595ddefa14a.htm (DEFA14A) — 26KB
• g807595txp1g1.jpg (GRAPHIC) — 51KB
• g807595txp2g1.jpg (GRAPHIC) — 463KB
• g807595txp3g1.jpg (GRAPHIC) — 510KB
• g807595txp4g1.jpg (GRAPHIC) — 466KB
• g807595txp5g1.jpg (GRAPHIC) — 484KB
• g807595txp6g1.jpg (GRAPHIC) — 425KB
• g807595txp7g1.jpg (GRAPHIC) — 454KB
• 0001193125-24-137320.txt ( ) — 3956KB

From the Filing

DEFA14A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material under 240.14a-12 EVERCORE INC. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply): No fee required Fee paid previously with preliminary materials Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 Dear Shareholder, I hope that this finds you well. We recently filed our proxy and, as we did two years ago, we are requesting additional shares under our equity plan, which are critical to managing and growing our business. As the equity plan is critical to our growth strategy, we want to highlight the following points: We grant equity broadlymore than 90% of our equity awards over the last 3 years went to non-executive officers and were issued to people with direct, client-facing and revenue generating responsibilities. As our business continues to grow, the additional shares we are requesting are critical to our ability to maintain our compensation structure and align the interests of our employees and shareholders. We have offset the dilutive effect of our equity grants through our stock repurchases and, taking these into account, have had a negative net burn rate of -3.5% over the last 3 years. We are requesting 6.0 million additional shares to cover roughly the next two to three years. We know this is peak proxy season, but we would be happy to discuss this plan further on a call if that would be helpful. Details regarding each of the points made above, as well as additional information regarding our equity plan and compensation model, can be found in the attached deck. Evercore 2024 Equity Plan Proposal May 2024 This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which reflect our current views with respect to, among other things, our operations and financial performance. In some cases, you can identify these forward-looking statements by the use of words such as "outlook", "backlog" "believes", "expects", "potential", "probable", "continues", "may", "will", "should", "seeks", "approximately", "predicts", "intends", "plans", "estimates", "anticipates" or the negative versions of these words or other comparable words. All statements other than statements of historical fact included in this presentation are forward- looking statements and are based on various underlying assumptions and expectations and are subject to known and unknown risks, uncertainties and assumptions, and may include projections of our future financial performance based on our growth strategies and anticipated trends in our business. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. We believe these factors include, but are not limited to, those described under "Risk Factors" discussed in our Annual Report on Form 10-K for the year ended December 31, 2023 and subsequent Quarterly Reports on Form 10-Q and current reports filed under Form 8-K. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this discussion. In addition, new risks and uncertainties emerge from time to time, and it is not possible for us to predict all risks and uncertainties, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Accordingly, you should not rely upon forward-looking statements as a prediction of actual results and we do not assume any responsibility for the accuracy or completeness of any of these forward-looking statements. We undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise. Please note this presentation is available at www.evercore.com. 1 We are Requesting Additional Shares to Support our Broad-Based Equity Program A broad-based equity program is critical to our business model and growth strategy, and a core part of our compensation program. While we have prudently managed the shares authorize

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View this DEFA14A filing on SEC EDGAR