Brem Monte M 4
4 · StepStone Group Inc. · Filed Sep 13, 2024
Insider Transaction Report
Form 4
Brem Monte M
DirectorSee Remarks
Transactions
- Disposition to Issuer
Class B Units
2024-09-11$49.48/sh−629,065$31,126,136→ 2,276,888 total(indirect: By LLC)→ Class A Common Stock (629,065 underlying) - Disposition to Issuer
Class B Common Stock
2024-09-11$0.00/sh−629,065$629→ 2,276,888 total(indirect: By LLC)
Footnotes (2)
- [F1]On September 11, 2024, the Reporting Person exchanged 629,065 Class B Units of StepStone Group LP (the "Partnership"). The Issuer elected to settle the exchange in cash for $49.48 per unit using the proceeds of a secondary offering organized by the Issuer. In connection with the exchange, 629,065 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 will be automatically redeemed and cancelled.