Form 4 for STEP StepStone Group Inc.
Accepted 2024-12-04 00:00:00 ET · period of report 2024-12-02 · accession 0001796022-24-000094 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2024-12-04 | 2024-12-03+ | STEP | Hart Scott W | CEO, Dir, See remarks | S - Sale | $62.97 | -60.0K | 160.7K | -27% | -$3.78M |
| DI | 2024-12-04 | 2024-12-02 | STEP | Hart Scott W | CEO, Dir, See remarks | D - Sale to Iss | $0.00 | -180.0K | 3.06M | -6% | $0 |
| DI | 2024-12-04 | 2024-12-02 | STEP | Hart Scott W | CEO, Dir, See remarks | C - Cnv Deriv | — | +180.0K | 180.0K | New | — |
| DI | 2024-12-04 | 2024-12-02 | STEP | Hart Scott W | CEO, Dir, See remarks | C - Cnv Deriv | — | -180.0K | 3.06M | -6% | — |
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 A Common Stock | 2024-12-04 | S | D | 400 | $63.48 | 120,000 | I By Trust | — | — | (F5) The sales reported in this Form 4 were effected in multiple trades at prices ranging from $63.38 to $63.60. 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. |
| 2 | Common | Class A Common Stock | 2024-12-04 | S | D | 37,509 | $62.80 | 120,400 | I By Trust | — | — | (F4) The sales reported in this Form 4 were effected in multiple trades at prices ranging from $62.22 to $63.15. 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. |
| 3 | Common | Class A Common Stock | 2024-12-03 | S | D | 2,700 | $64.15 | 158,009 | I By Trust | — | — | (F3) The sales reported in this Form 4 were effected in multiple trades at prices ranging from $63.74 to $64.70. 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. |
| 4 | Common | Class A Common Stock | 2024-12-03 | S | D | 100 | $64.85 | 157,909 | I By Trust | — | — | |
| 5 | Common | Class A Common Stock | 2024-12-03 | S | D | 19,291 | $63.11 | 160,709 | I By Trust | — | — | (F2) The sales reported in this Form 4 were effected in multiple trades at prices ranging from $62.73 to $63.71. 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. |
| 6 | Common | Class B Common Stock | 2024-12-02 | D | D | 180,000 | $0.00 | 3,061,782 | I By Trust | — | — | |
| 7 | Common | Class A Common Stock | 2024-12-02 | C | A | 180,000 | — | 180,000 | I By Trust | — | — | (F1) On December 2, 2024, the Reporting Person exchanged 180,000 Class B Units of StepStone Group LP (the "Partnership") for 180,000 shares of Class A Common Stock. In connection with the exchange, 180,000 shares of Class B Common Stock were automatically redeemed and cancelled. |
| 8 | Derivative | Class B Units | 2024-12-02 | C | D | 180,000 | — | 3,061,782 | I By Trust | — · — to — | 180,000 Class A Common Stock | (F1) On December 2, 2024, the Reporting Person exchanged 180,000 Class B Units of StepStone Group LP (the "Partnership") for 180,000 shares of Class A Common Stock. In connection with the exchange, 180,000 shares of Class B Common Stock were automatically redeemed and cancelled. (F6) 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. |