FRIEDMAN DARREN M. 4
4 · StepStone Group Inc. · Filed Mar 25, 2021
Insider Transaction Report
Form 4
FRIEDMAN DARREN M.
Other
Transactions
- Conversion
Class A Common Stock
2021-03-23+200,000→ 317,600 total - Sale
Class A Common Stock
2021-03-23$28.32/sh−200,000$5,664,000→ 117,600 total - Conversion
Class B Units
2021-03-23−200,000→ 1,263,022 total→ Class A Common Stock (200,000 underlying) - Disposition to Issuer
Class B Common Stock
2021-03-23$0.00/sh−200,000$200→ 1,263,022 total
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.