4//SEC Filing
Maruszewski Mark 4
Accession 0001209191-20-051536
CIK 0001796022other
Filed
Sep 21, 8:00 PM ET
Accepted
Sep 22, 5:50 PM ET
Size
14.0 KB
Accession
0001209191-20-051536
Insider Transaction Report
Form 4
Maruszewski Mark
DirectorOther
Transactions
- Other
Class B Units
2020-09-18+577,125→ 577,125 total(indirect: By LLC)→ Class A Common Stock (577,125 underlying) - Purchase
Class A Common Stock
2020-09-18$18.00/sh+41,667$750,006→ 41,667 total - Award
Class B Common Stock
2020-09-18+3,881,601→ 3,881,601 total - Award
Class B Common Stock
2020-09-18+577,125→ 577,125 total(indirect: By LLC) - Other
Class B Units
2020-09-18+3,881,601→ 3,881,601 total→ Class A Common Stock (3,881,601 underlying)
Footnotes (4)
- [F1]Represents the purchase of shares of Class A Common Stock in the Issuer's directed share program in connection with its initial public offering ("IPO").
- [F2]In the reorganization (the "Reorganization") of StepStone Group LP (the "Partnership") in connection with the closing of the IPO, shares of Class B Common Stock of the Issuer, par value $0.001 per share, were issued without additional consideration in exchange for interests in the general partner of the Partnership. The Class B Common Stock does not carry economic value beyond the right to receive the par value of such stock upon liquidation, dissolution, winding up or an exchange of those shares. However, the Class B Common Stock entitles its holder to five votes per share on every matter submitted to the Issuer's stockholders for a vote until the occurrence of a sunset, as described in the Issuer's Amended and Restated Certificate of Incorporation.
- [F3]Pursuant to an Exchange Agreement entered into in connection with the Reorganization, the Class B Units of the Partnership are exchangeable, on a one-for-one basis, for shares of Class A Common Stock. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock will be automatically redeemed and cancelled.
- [F4]In the Reorganization, Class A Units in the Partnership held prior to the IPO were converted into Class B Units.
Documents
Issuer
StepStone Group Inc.
CIK 0001796022
Entity typeother
Related Parties
1- filerCIK 0001822575
Filing Metadata
- Form type
- 4
- Filed
- Sep 21, 8:00 PM ET
- Accepted
- Sep 22, 5:50 PM ET
- Size
- 14.0 KB