McCabe Michael I 4
4 · StepStone Group Inc. · Filed Dec 4, 2024
Insider Transaction Report
Form 4
McCabe Michael I
DirectorHead of StrategyOther
Transactions
- Conversion
Class A Common Stock
2024-12-02+250,000→ 250,000 total(indirect: By Trust) - Sale
Class A Common Stock
2024-12-03$64.25/sh−4,000$257,000→ 686,516 total - Conversion
Class B Units
2024-12-02−500,000→ 1,906,142 total→ Class A Common Stock (500,000 underlying) - Conversion
Class A Common Stock
2024-12-02+500,000→ 690,516 total - Disposition to Issuer
Class B Common Stock
2024-12-02$0.00/sh−500,000$500→ 1,906,142 total - Sale
Class A Common Stock
2024-12-03$64.34/sh−2,200$141,548→ 247,800 total(indirect: By Trust) - Conversion
Class B Units
2024-12-02−250,000→ 937,416 total(indirect: By Trust)→ Class A Common Stock (250,000 underlying) - Disposition to Issuer
Class B Common Stock
2024-12-02$0.00/sh−250,000$250→ 937,416 total(indirect: By Trust)
Footnotes (5)
- [F1]On December 2, 2024, the Reporting Person exchanged 500,000 Class B Units of StepStone Group LP (the "Partnership") he owned directly for 500,000 shares of Class A Common Stock. In connection with the exchange, 500,000 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 December 2, 2024, the Reporting Person exchanged 250,000 Class B Units of the Partnership owned through a family trust for 250,000 shares of Class A Common Stock. In connection with the exchange, 250,000 shares of Class B Common Stock were automatically redeemed and cancelled.
- [F4]The sales reported in this Form 4 were effected in multiple trades at prices ranging from $64.06 to $64.68. The price reported above reflects the weighted average sales price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F5]The sales reported in this Form 4 were effected in multiple trades at prices ranging from $64.00 to $64.85. The price reported above reflects the weighted average sales price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.