Brian J. Lee - May 2, 2023 Form 4 Insider Report for GOLDMAN SACHS GROUP INC (GS)

Role
Chief Risk Officer
Signature
/s/ Beverly L. O'Toole, Attorney-in-fact
Stock symbol
GS
Transactions as of
May 2, 2023
Transactions value $
-$3,092,988
Form type
4
Date filed
5/4/2023, 04:30 PM
Previous filing
Jan 26, 2023
Next filing
Jan 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GS Common Stock, par value $0.01 per share Sale -$315K -935 -5.18% $336.88 17.1K May 2, 2023 Direct F1
transaction GS Common Stock, par value $0.01 per share Sale -$664K -1.97K -11.48% $337.98 15.2K May 2, 2023 Direct F2
transaction GS Common Stock, par value $0.01 per share Sale -$33.9K -100 -0.66% $338.60 15.1K May 2, 2023 Direct
transaction GS Common Stock, par value $0.01 per share Sale -$236K -700 -3.72% $336.62 18.1K May 2, 2023 See footnote F3, F4
transaction GS Common Stock, par value $0.01 per share Sale -$608K -1.8K -9.94% $337.81 16.3K May 2, 2023 See footnote F4, F5
transaction GS Common Stock, par value $0.01 per share Sale -$169K -500 -3.07% $338.41 15.8K May 2, 2023 See footnote F4, F6
transaction GS Common Stock, par value $0.01 per share Options Exercise +6.27K +41.66% 21.3K May 3, 2023 Direct F7
transaction GS Common Stock, par value $0.01 per share Tax liability -$1.07M -3.2K -15.01% $333.37 18.1K May 3, 2023 Direct F8

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GS Performance-based Restricted Stock Units Options Exercise -6.27K -100% 0 May 3, 2023 Common Stock, par value $0.01 per share 6.27K Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects a weighted average sale price of $336.88 per share, at prices ranging from $336.47 to $337.35 per share. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F2 Reflects a weighted average sale price of $337.98 per share, at prices ranging from $337.53 to $338.33 per share. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F3 Reflects a weighted average sale price of $336.62 per share, at prices ranging from $336.24 to $336.75 per share. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F4 Held through a trust, the sole trustee of which is the Reporting Person's spouse and the sole beneficiaries of which are immediate family members of the Reporting Person. The Reporting Person disclaims beneficial ownership of these shares.
F5 Reflects a weighted average sale price of $337.81 per share, at prices ranging from $337.29 to $338.26 per share. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F6 Reflects a weighted average sale price of $338.41 per share, at prices ranging from $338.33 to $338.65 per share. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F7 On May 3, 2023, shares of the Issuer's common stock underlying an award of Performance-based Restricted Stock Units ("PSUs") granted on January 16, 2020 in connection with 2019 year-end compensation were delivered to the Reporting Person without the payment of any consideration. These shares generally cannot be sold or transferred before January 2025.
F8 Represents shares of the Issuer's common stock withheld to satisfy withholding obligations in connection with the delivery of the common stock underlying the PSUs described in footnote 7 above.