4//SEC Filing
Brem Monte M 4
Accession 0001209191-20-051485
CIK 0001796022other
Filed
Sep 21, 8:00 PM ET
Accepted
Sep 22, 4:50 PM ET
Size
12.6 KB
Accession
0001209191-20-051485
Insider Transaction Report
Form 4
Brem Monte M
DirectorSee Remarks
Transactions
- Disposition to Issuer
Class B Common Stock
2020-09-18−3,578,426→ 7,413,679 total - Award
Class B Common Stock
2020-09-18+10,992,105→ 10,992,105 total - Other
Class B Units
2020-09-18+10,992,105→ 10,992,105 total→ Class A Common Stock (10,992,105 underlying) - Other
Class B Units
2020-09-18−3,578,426→ 7,413,679 total→ Class A Common Stock (3,578,426 underlying)
Footnotes (4)
- [F1]In the reorganization (the "Reorganization") of StepStone Group LP (the "Partnership") in connection with the closing of the Issuer's initial public offering (the "IPO"), shares of Class B Common Stock of the Issuer, par value $0.001 per share, were issued without additional consideration in exchange for interests in the general partner of the Partnership. The Class B Common Stock does not carry economic value beyond the right to receive the par value of such stock upon liquidation, dissolution, winding up or an exchange of those shares. However, the Class B Common Stock entitles its holder to five votes per share on every matter submitted to the Issuer's stockholders for a vote until the occurrence of a sunset, as described in the Issuer's Amended and Restated Certificate of Incorporation.
- [F2]Represents 3,578,426 Class B Units of the Partnership and a corresponding number of shares of Class B Common Stock transferred by the Reporting Person to the Issuer in connection with the closing of the IPO at a price of $16.785 (the per-share price paid by the underwriters for shares of the Class A Common Stock in the IPO) for one Class B Unit and one share of Class B Common Stock.
- [F3]Pursuant to an Exchange Agreement entered into in connection with the Reorganization, 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.
- [F4]In the Reorganization, Class A Units in the Partnership held prior to the IPO were converted into Class B Units.
Documents
Issuer
StepStone Group Inc.
CIK 0001796022
Entity typeother
Related Parties
1- filerCIK 0001822443
Filing Metadata
- Form type
- 4
- Filed
- Sep 21, 8:00 PM ET
- Accepted
- Sep 22, 4:50 PM ET
- Size
- 12.6 KB