Randel Johnny D 4
4 · StepStone Group Inc. · Filed Nov 22, 2021
Insider Transaction Report
Form 4
Randel Johnny D
Chief Financial OfficerOther
Transactions
- Disposition to Issuer
Class B Common Stock
[F1]2021-11-18$0.00/sh−133,033$133→ 1,126,593 total - Conversion
Class A Common Stock
[F1][F2]2021-11-18+133,033→ 164,333 total - Sale
Class A Common Stock
[F3]2021-11-18$51.83/sh−133,033$6,895,100→ 31,300 total - Conversion
Class B Units
[F2][F1]2021-11-18−133,033→ 1,126,593 total→ Class A Common Stock (133,033 underlying)
Footnotes (3)
- [F1]On November 18, 2021, the Reporting Person exchanged 133,033 Class B Units of StepStone Group LP (the "Partnership") for 133,033 shares of Class A Common Stock. In connection with the exchange, 133,033 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.
Signature
/s/ Jennifer Ishiguro, Attorney-in-fact for Johnny D. Randel|2021-11-22