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StepStone Group Inc. — Director's Dealing 2024
Dec 5, 2024
30777_dirs_2024-12-04_538ab0bd-a0f3-4160-a01b-8b0fe7110481.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: StepStone Group Inc. (STEP)
CIK: 0001796022
Period of Report: 2024-12-02
Reporting Person: McCabe Michael I (Director, Head of Strategy, See remarks)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-12-02 | Class A Common Stock | C | 500000 | — | Acquired | 690516 | Direct |
| 2024-12-02 | Class B Common Stock | D | 500000 | $0.001 | Disposed | 1906142 | Direct |
| 2024-12-02 | Class A Common Stock | C | 250000 | — | Acquired | 250000 | Indirect |
| 2024-12-02 | Class B Common Stock | D | 250000 | $0.001 | Disposed | 937416 | Indirect |
| 2024-12-03 | Class A Common Stock | S | 2200 | $64.34 | Disposed | 247800 | Indirect |
| 2024-12-03 | Class A Common Stock | S | 4000 | $64.25 | Disposed | 686516 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-12-02 | Class B Units | $ | C | 500000 | Disposed | Class A Common Stock (500000) | Direct | |
| 2024-12-02 | Class B Units | $ | C | 250000 | Disposed | Class A Common Stock (250000) | Indirect |
Footnotes
F1: On December 2, 2024, the Reporting Person exchanged 500,000 Class B Units of StepStone Group LP (the "Partnership") he owned directly for 500,000 shares of Class A Common Stock. In connection with the exchange, 500,000 shares of Class B Common Stock were automatically redeemed and cancelled.
F2: The Class B Units of the Partnership are exchangeable, on a one-for-one basis, for shares of Class A Common Stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock of the Issuer are automatically redeemed and cancelled.
F3: On December 2, 2024, the Reporting Person exchanged 250,000 Class B Units of the Partnership owned through a family trust for 250,000 shares of Class A Common Stock. In connection with the exchange, 250,000 shares of Class B Common Stock were automatically redeemed and cancelled.
F4: The sales reported in this Form 4 were effected in multiple trades at prices ranging from $64.06 to $64.68. The price reported above reflects the weighted average sales price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
F5: The sales reported in this Form 4 were effected in multiple trades at prices ranging from $64.00 to $64.85. The price reported above reflects the weighted average sales price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.