StepStone Group Inc. — Director's Dealing 2021

Dec 17, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: StepStone Group Inc. (STEP)
CIK: 0001796022
Period of Report: 2021-12-15

Reporting Person: Keck Thomas (Director, See Remarks)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-12-15	Class A Common Stock	C	450000	—	Acquired	450000	Indirect
2021-12-15	Class B Common Stock	D	450000	$0.001	Disposed	200000	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-12-15	Class B Units	$	C	450000	Disposed		Class A Common Stock (450000.0)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	55750	Direct
Class B Common Stock	1645374	Indirect
Class B Common Stock	2601124	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Units	$		Class A Common Stock (1645374.0)	1645374	Indirect
Class B Units	$		Class A Common Stock (2601124.0)	2601124	Indirect

Footnotes

F1: On December 15, 2021, the Reporting Person exchanged 450,000 Class B Units of StepStone Group LP (the "Partnership") for 450,000 shares of Class A Common Stock. In connection with the exchange, 450,000 shares of Class B Common Stock were automatically redeemed and cancelled.

F2: The Reporting Person entered into a lock-up agreement restricting the sale or transfer of securities of the Issuer in connection with a secondary offering of Class A Common Stock by certain selling stockholders of the Issuer. These securities remain subject to the restrictions of the lock-up agreement until the expiration of the lock-up period on February 13, 2022.

F3: The Class B Units of the Partnership are exchangeable, on a one-for-one basis, for shares of Class A Common Stock. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock will be automatically redeemed and cancelled.