This excerpt taken from the OZM DEF 14A filed Apr 9, 2009.
Grants of Och-Ziff Operating Group A Units
Pursuant to our Operating Agreement and related agreements, as a result of the departure of a partner from the Och-Ziff Operating Group in December 2008, each of our partners was allocated his pro-rata share of the departing partners unvested Och-Ziff Operating Group A Units, including each of our Named Executive Officers as noted in the table below. These units will vest annually over the remaining five-year period from the date of our initial public offering in November 2007. The amounts shown in the last column of the table do not reflect compensation actually received by the Named Executive Officers but instead represent the fair value of the award on the grant date, which will be amortized by us in our consolidated and combined financial statements pursuant to SFAS No. 123(R) over the remaining vesting period.