4//SEC Filing
Sacks Michael Jay 4
Accession 0001628280-25-014335
CIK 0001819796other
Filed
Mar 20, 8:00 PM ET
Accepted
Mar 21, 4:31 PM ET
Size
8.8 KB
Accession
0001628280-25-014335
Insider Transaction Report
Form 4
Sacks Michael Jay
DirectorChief Executive Officer
Transactions
- Other
Management Award Interests (Obligation to transfer)
2025-03-19−389,415→ 6,969,415 total(indirect: See footnotes)→ Class A Common Stock (389,415 underlying)
Grosvenor Holdings, L.L.C.
DirectorChief Executive Officer10% Owner
Transactions
- Other
Management Award Interests (Obligation to transfer)
2025-03-19−389,415→ 6,969,415 total(indirect: See footnotes)→ Class A Common Stock (389,415 underlying)
Footnotes (3)
- [F1]GCM Grosvenor Management, LLC ("GCM Grosvenor Management") awarded interests (the "Management Award Interests") in GCM Grosvenor Management that represent the contingent obligation to transfer rights to shares of the Issuer's Class A Common Stock owned by GCM Grosvenor Management on a one-for-one basis to employees of the Issuer or its affiliates beginning in 2025. The Reporting Person is the ultimate managing member GCM Grosvenor Management. The Management Award Interests represent an obligation of GCM Grosvenor Management and do not constitute any new share issuance or obligation of the Issuer. GCM Grosvenor Management is obligated to transfer Class A Common Stock it owns, and therefore the vesting of Management Award Interests will not dilute the Issuer's Class A Common Stockholders relative to noncontrolling interests in Grosvenor Capital Managment Holdings, LLLP.
- [F2]Represents the disposition of Management Award Interests on March 19, 2025. The Management Award Interests are scheduled to vest on May 1, 2025, and delivery of shares of Class A Common Stock owned by GCM Grosvenor Management in settlement of vested Management Award Interests will occur as set forth in the applicable award agreement in 2025, unless the applicable employee elected to defer delivery to a later date.
- [F3]Represents securities held directly by GCM Grosvenor Management. The Reporting Person is the ultimate managing member GCM Grosvenor Management.
Documents
Issuer
GCM Grosvenor Inc.
CIK 0001819796
Entity typeother
Related Parties
1- filerCIK 0001509764
Filing Metadata
- Form type
- 4
- Filed
- Mar 20, 8:00 PM ET
- Accepted
- Mar 21, 4:31 PM ET
- Size
- 8.8 KB