Form 4 for STEP StepStone Group Inc.
Accepted 2024-12-04 00:00:00 ET · period of report 2024-12-02 · accession 0001821971-24-000001 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-12-04 | 2024-12-02 | STEP | Sanford Energy, Inc. | Former 10% Owner | C - Cnv Deriv | — | +500.0K | 500.0K | New | — |
| D | 2024-12-04 | 2024-12-02 | STEP | Sanford Energy, Inc. | Former 10% Owner | D - Sale to Iss | $0.00 | -500.0K | 3.33M | -13% | $0 |
| D | 2024-12-04 | 2024-12-02 | STEP | Sanford Energy, Inc. | Former 10% Owner | C - Cnv Deriv | — | -500.0K | 3.33M | -13% | — |
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 | 2024-12-02 | C | A | 500,000 | — | 500,000 | D | — | — | (F5) The Class B Units 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 will be automatically redeemed and cancelled. (F6) Sanford directly holds of record 500,000 shares of Class A Common Stock. Sanford beneficially owns an additional 3,330,328 shares of Class A Common Stock as the direct holder of a corresponding number of Class B Units. ARG PE holds a minority interest in Sanford, and Mr. Waldo serves as an advisor to Sanford. Each of Mr. Waldo and Mr. Kaiser disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) under the Exchange Act, except to the extent of his pecuniary interest therein, if any. |
| 2 | Common | Class B Common Stock | 2024-12-02 | D | D | 500,000 | $0.00 | 3,330,328 | D | — | — | (F6) Sanford directly holds of record 500,000 shares of Class A Common Stock. Sanford beneficially owns an additional 3,330,328 shares of Class A Common Stock as the direct holder of a corresponding number of Class B Units. ARG PE holds a minority interest in Sanford, and Mr. Waldo serves as an advisor to Sanford. Each of Mr. Waldo and Mr. Kaiser disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) under the Exchange Act, except to the extent of his pecuniary interest therein, if any. |
| 3 | Derivative | Class B Units | 2024-12-02 | C | D | 500,000 | — | 3,330,328 | D | — · — to — | 500,000 Class A Common Stock | (F5) The Class B Units 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 will be automatically redeemed and cancelled. (F6) Sanford directly holds of record 500,000 shares of Class A Common Stock. Sanford beneficially owns an additional 3,330,328 shares of Class A Common Stock as the direct holder of a corresponding number of Class B Units. ARG PE holds a minority interest in Sanford, and Mr. Waldo serves as an advisor to Sanford. Each of Mr. Waldo and Mr. Kaiser disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) under the Exchange Act, except to the extent of his pecuniary interest therein, if any. |