Christopher Finn - Feb 6, 2024 Form 4 Insider Report for Carlyle Group Inc. (CG)

Signature
/s/ Anne K. Frederick by power of attorney for Christopher Finn
Stock symbol
CG
Transactions as of
Feb 6, 2024
Transactions value $
-$1,208,776
Form type
4
Date filed
2/8/2024, 09:17 PM
Previous filing
Feb 5, 2024
Next filing
May 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CG Common Stock Award $0 +430K +45.51% $0.00 1.37M Feb 6, 2024 Direct F1
transaction CG Common Stock Award $0 +8.96K +0.65% $0.00 1.38M Feb 6, 2024 Direct F2
transaction CG Common Stock Award $0 +501K +36.22% $0.00 1.88M Feb 6, 2024 Direct F3
transaction CG Common Stock Award $0 +59.9K +3.18% $0.00 1.94M Feb 6, 2024 Direct F4
transaction CG Common Stock Tax liability -$1.21M -30K -1.54% $40.31 1.91M Feb 6, 2024 Direct F5
holding CG Common Stock 254K Feb 6, 2024 See Footnote F6
holding CG Common Stock 13.6K Feb 6, 2024 See Footnote F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities are restricted stock unit awards and will vest 40% on August 1, 2025, an additional 30% on August 1, 2026 and the remaining 30% on August 1, 2027, subject to the reporting person's continued service at the company on the applicable vesting date.
F2 These securities are restricted stock unit awards and will vest 1/3 on each of February 6, 2025, February 6, 2026 and February 6, 2027, subject to the reporting person's continued service at the company on the applicable vesting date.
F3 These securities are a restricted stock unit award that is eligible to vest in three equal tranches, with each tranche subject to a performance-based vesting condition that requires achievement of an absolute stock price hurdle ($48.05, $56.06 and $64.06, respectively). In addition, each tranche is subject to time-based vesting conditions generally requiring minimum service periods of one year, two years and three years, respectively. The period for measuring the achievement of the stock price hurdles ends on February 6, 2027 and any restricted stock units that have not vested as of February 7, 2027 will be forfeited.
F4 These shares of common stock were acquired upon the satisfaction of certain performance-based vesting criteria and settlement of performance-based restricted stock unit awards previously granted to the reporting person.
F5 Represents shares of common stock that have been withheld by the Issuer in connection with the payment of taxes resulting from the vesting of performance-based restricted stock unit awards that vested on such date. No shares of common stock were sold by the reporting person.
F6 These shares of common stock are held in a limited liability company of which the reporting person is the manager.
F7 These shares of common stock are held by a trust for the benefit of the reporting person's family of which the reporting person is the special purpose trustee and has sole investment power over the securities.

Remarks:

Pursuant to Rule 16a-1(a)(4) of the Securities Exchange Act of 1934, as amended, the reporting person herein states that this filing shall not be deemed to be an admission that such reporting person is the beneficial owner of any of these interests, and disclaims beneficial ownership of such interests, except to the extent of such reporting person's pecuniary interest in such interests.