Brem Monte M 4
4 · StepStone Group Inc. · Filed Nov 22, 2021
Insider Transaction Report
Form 4
Brem Monte M
DirectorSee Remarks
Transactions
- Disposition to Issuer
Class B Common Stock
2021-11-18$0.00/sh−863,616$864→ 2,905,953 total(indirect: By LLC) - Sale
Class A Common Stock
2021-11-18$51.83/sh−863,616$44,761,217→ 0 total(indirect: By LLC) - Conversion
Class A Common Stock
2021-11-18+863,616→ 863,616 total(indirect: By LLC) - Conversion
Class B Units
2021-11-18−863,616→ 2,905,953 total(indirect: By LLC)→ Class A Common Stock (863,616 underlying)
Footnotes (3)
- [F1]On November 18, 2021, the Reporting Person exchanged 863,616 Class B Units of StepStone Group LP (the "Partnership") for 863,616 shares of Class A Common Stock. In connection with the exchange, 863,616 shares of Class B Common Stock were automatically redeemed and cancelled.
- [F2]The Class B Units of the Partnership 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 are automatically redeemed and cancelled.
- [F3]On November 18, 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.