Randel Johnny D 4
4 · StepStone Group Inc. · Filed Mar 25, 2021
Insider Transaction Report
Form 4
Randel Johnny D
Chief Financial OfficerOther
Transactions
- Disposition to Issuer
Class B Common Stock
[F1]2021-03-23$0.00/sh−200,000$200→ 1,334,626 total - Conversion
Class A Common Stock
[F1][F2]2021-03-23+200,000→ 231,300 total - Sale
Class A Common Stock
[F3]2021-03-23$28.32/sh−200,000$5,664,000→ 31,300 total - Conversion
Class B Units
[F2][F1]2021-03-23−200,000→ 1,334,626 total→ Class A Common Stock (200,000 underlying)
Footnotes (3)
- [F1]On March 23, 2021, the Reporting Person exchanged 200,000 Class B Units of StepStone Group LP for 200,000 shares of Class A Common Stock. In connection with the exchange, 200,000 shares of Class B Common Stock were automatically redeemed and cancelled.
- [F2]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.
- [F3]On March 23, 2021, the Reporting Person sold shares of Class A Common Stock in a secondary offering of Class A Common Stock by certain selling stockholders of the Issuer.
Signature
/s/ Jennifer Ishiguro, Attorney-in-fact for Johnny D. Randel|2021-03-25