Form 4 for STEP StepStone Group Inc.
Accepted 2024-06-04 00:00:00 ET · period of report 2024-06-01 · accession 0001796022-24-000048 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2024-06-04 | 2024-06-01 | STEP | Hart Scott W | CEO, Dir, See remarks | A - Grant | $0.00 | +297.3K | 3.34M | +10% | $0 |
| D | 2024-06-04 | 2024-06-03 | STEP | Hart Scott W | CEO, Dir, See remarks | G - Gift | $0.00 | -13.4K | 42.5K | -24% | $0 |
| DMI | 2024-06-04 | 2024-06-01 | STEP | Hart Scott W | CEO, Dir, See remarks | C - Cnv Deriv | — | 0 | 3.34M | New | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class B Common Stock | 2024-06-01 | A | A | 297,270 | $0.00 | 3,338,561 | I By Trust | — | — | (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. |
| 2 | Common | Class A Common Stock | 2024-06-03 | G | D | 13,380 | $0.00 | 42,498 | D | — | — | |
| 3 | Derivative | Class B2 Units | 2024-06-01 | C | D | 297,270 | — | 0 | I By Trust | — · — to — | 297,270 Class A Common Stock | (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. |
| 4 | Derivative | Class B Units | 2024-06-01 | C | A | 297,270 | — | 3,338,561 | I By Trust | — · — to — | 297,270 Class A Common Stock | (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. |