AI assistant
StepStone Group Inc. — Director's Dealing 2024
Jun 4, 2024
30777_dirs_2024-06-04_adfd3187-11f0-4a6b-bc0d-02624ce164d4.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: StepStone Group Inc. (STEP)
CIK: 0001796022
Period of Report: 2024-06-01
Reporting Person: Ment Jason P (See remarks, See remarks)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-06-01 | Class B Common Stock | A | 346842 | $0.001 | Acquired | 1128249 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-06-01 | Class B2 Units | $ | C | 346842 | Disposed | Class A Common Stock (346842) | Direct | |
| 2024-06-01 | Class B Units | $ | C | 346842 | Acquired | Class A Common Stock (346842) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 84271 | Direct |
Footnotes
F1: Per the Issuer's Amended and Restated Certificate of Incorporation, upon vesting of the Class B2 Units of the Partnership into Class B Units of the Partnership, the Issuer shall issue a number of shares of Class B Common Stock registered in the name of the applicable holder equal to the number of Class B Units issued upon such vesting event, in exchange for payment in cash to the Issuer of the aggregate par value of the shares of Class B Common Stock so issued.
F2: The Class B2 Units vested 30% on June 1, 2021 and 5.83% on each quarterly anniversary thereafter, contingent upon the Reporting Person's continued service to the Issuer. Upon the final vesting date of the Class B2 Units on June 1, 2024, they automatically converted into Class B Units.
F3: Pursuant to an Exchange Agreement, 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.