4//SEC Filing
Sacks Michael Jay 4
Accession 0001628280-25-024862
CIK 0001819796other
Filed
May 11, 8:00 PM ET
Accepted
May 12, 8:57 PM ET
Size
17.9 KB
Accession
0001628280-25-024862
Insider Transaction Report
Form 4
Sacks Michael Jay
DirectorChief Executive Officer
Transactions
- Other
Class C Common Stock
2025-05-12−2,569,415→ 141,665,831 total(indirect: See footnotes) - Other
Class A Common Stock
2025-05-12−2,569,415→ 0 total(indirect: See footnotes) - Conversion
Class A Common Stock
2025-05-12+2,569,415→ 2,569,415 total(indirect: See footnotes) - Conversion
Common Units
2025-05-12−2,569,415→ 141,665,831 total(indirect: See footnotes)→ Class A Common Stock (2,569,415 underlying) - Conversion
Management Award Interests (Obligation to transfer)
2025-05-12−2,569,415→ 4,400,000 total(indirect: See footnotes)→ Class A Common Stock (2,569,415 underlying)
Grosvenor Holdings, L.L.C.
DirectorChief Executive Officer10% Owner
Transactions
- Other
Class A Common Stock
2025-05-12−2,569,415→ 0 total(indirect: See footnotes) - Conversion
Management Award Interests (Obligation to transfer)
2025-05-12−2,569,415→ 4,400,000 total(indirect: See footnotes)→ Class A Common Stock (2,569,415 underlying) - Other
Class C Common Stock
2025-05-12−2,569,415→ 141,665,831 total(indirect: See footnotes) - Conversion
Class A Common Stock
2025-05-12+2,569,415→ 2,569,415 total(indirect: See footnotes) - Conversion
Common Units
2025-05-12−2,569,415→ 141,665,831 total(indirect: See footnotes)→ Class A Common Stock (2,569,415 underlying)
GCM V, LLC
10% Owner
Transactions
- Conversion
Common Units
2025-05-12−2,569,415→ 141,665,831 total(indirect: See footnotes)→ Class A Common Stock (2,569,415 underlying) - Conversion
Class A Common Stock
2025-05-12+2,569,415→ 2,569,415 total(indirect: See footnotes) - Other
Class A Common Stock
2025-05-12−2,569,415→ 0 total(indirect: See footnotes) - Other
Class C Common Stock
2025-05-12−2,569,415→ 141,665,831 total(indirect: See footnotes) - Conversion
Management Award Interests (Obligation to transfer)
2025-05-12−2,569,415→ 4,400,000 total(indirect: See footnotes)→ Class A Common Stock (2,569,415 underlying)
Footnotes (7)
- [F1]The Common Units of Grosvenor Capital Management Holdings, LLLP ("GCMH") may be redeemed by the Reporting Person at any time for shares of the Issuer's Class A Common Stock on a one-to-one basis or cash. The Common Units do not expire.
- [F2]Represents securities held directly by GCM Grosvenor Management, LLC ("GCM Grosvenor Management"). The Reporting Person is the ultimate managing member GCM Grosvenor Management.
- [F3]On May 1, 2025, the Management Award Interests originally granted by GCM Grosvenor Management on December 15, 2022 and March 19, 2025 vested in full, resulting in the obligation to transfer of shares of Class A Common Stock and Common Units to certain employees of the Issuer or its affiliates.
- [F4]Represents the transfer of shares of Class A Common Stock and Common Units owned by GCM Grosvenor Management in settlement of vested Management Award Interests to certain employees of the Issuer or its affiliates on May 12, 2025.
- [F5]The Issuer's Class C Common Stock is automatically cancelled for no consideration upon any sale or other transfer of a share of the Issuer's Class A Common Stock issued as a result of any redemption or direct exchange of the Common Units of GCMH.
- [F6]Represents securities held directly by GCM V, LLC ("GCM V"). The Reporting Person is the ultimate managing member of GCM V.
- [F7]Represents securities held directly by Grosvenor Holdings, L.L.C. ("Grosvenor Holdings"), Grosvenor Holdings II, L.L.C. ("Grosvenor Holdings II"), GCM Progress Subsidiary LLC ("GCM Progress") and GCM Grosvenor Management. The Reporting Person is the ultimate managing member of each of Grosvenor Holdings, Grosvenor Holdings II, GCM Progress and GCM Grosvenor Management.
Documents
Issuer
GCM Grosvenor Inc.
CIK 0001819796
Entity typeother
Related Parties
1- filerCIK 0001509764
Filing Metadata
- Form type
- 4
- Filed
- May 11, 8:00 PM ET
- Accepted
- May 12, 8:57 PM ET
- Size
- 17.9 KB