Form 4 for STEP StepStone Group Inc.

Accepted 2024-09-13 00:00:00 ET · period of report 2024-09-11 · accession 0001796022-24-000078 · 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	2024-09-13	2024-09-11	STEP	Brem Monte M	Dir, See remarks	D - Sale to Iss	$0.00	-629.1K	2.28M	-22%	$0
DI	2024-09-13	2024-09-11	STEP	Brem Monte M	Dir, See remarks	D - Sale to Iss	$49.48	-629.1K	2.28M	-22%	-$31.13M

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class B Common Stock	2024-09-11	D	D	629,065	$0.00	2,276,888	I By MMAR HNL, LLC	—	—	(F1) On September 11, 2024, the Reporting Person exchanged 629,065 Class B Units of StepStone Group LP (the "Partnership"). The Issuer elected to settle the exchange in cash for $49.48 per unit using the proceeds of a secondary offering organized by the Issuer. In connection with the exchange, 629,065 shares of Class B Common Stock were automatically redeemed and cancelled.
2	Derivative	Class B Units	2024-09-11	D	D	629,065	$49.48	2,276,888	I By MMAR HNL, LLC	— · — to —	629,065 Class A Common Stock	(F1) On September 11, 2024, the Reporting Person exchanged 629,065 Class B Units of StepStone Group LP (the "Partnership"). The Issuer elected to settle the exchange in cash for $49.48 per unit using the proceeds of a secondary offering organized by the Issuer. In connection with the exchange, 629,065 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 will be automatically redeemed and cancelled.