Natalie Grace Wolfsen - Jun 8, 2023 Form 4 Insider Report for AssetMark Financial Holdings, Inc. (AMK)

Role
EVP, Chief Executive Officer, Director
Signature
/s/ Celeste Angelich, as Attorney-in-Fact, for Natalie Grace Wolfsen
Stock symbol
AMK
Transactions as of
Jun 8, 2023
Transactions value $
-$255,782
Form type
4
Date filed
6/12/2023, 07:41 PM
Previous filing
Mar 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMK Common Stock Award $0 +26.7K +6.47% $0.00 439K Jun 8, 2023 Direct F1
transaction AMK Common Stock Sale -$216K -7.19K -1.64% $30.04 432K Jun 8, 2023 Direct F2
transaction AMK Common Stock Sale -$39.9K -1.35K -0.31% $29.61 431K Jun 9, 2023 Direct F2

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 AMK Stock Appreciation Right Award $0 +173K $0.00 173K Jun 8, 2023 Common Stock 0 $30.30 Direct F3, F4
transaction AMK Stock Appreciation Right Award $0 +56K $0.00 56K Jun 8, 2023 Common Stock 56K $30.30 Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of restricted stock units that vest in four equal annual installments on the first four anniversaries of the date of grant and settle in shares of common stock of the Issuer.
F2 Reflects the number of shares of Common Stock that were sold to satisfy tax withholding requirements on vesting of restricted stock units pursuant to mandatory "sell to cover" provisions contained in the Reporting Person's RSU Agreement, and does not represent a discretionary sale by the Reporting Person. The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes and fees.
F3 The Stock Appreciation Right vests in four equal annual installments on the first four anniversaries of the date of grant.
F4 Upon exercise, the Stock Appreciation Right will be settled in cash.
F5 Upon exercise, the Stock Appreciation Right will be settled, in the Issuer?s discretion, in Common Stock, cash or such other form permitted by the AssetMark Financial Holdings, Inc. 2019 Equity Incentive Plan.

Remarks:

The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes and fees.