Mukesh Mehta - 03 Sep 2024 Form 4 Insider Report for AssetMark Financial Holdings, Inc.

Role
EVP, Chief Information Officer
Signature
/s/ Celeste Angelich, as Attorney-in-Fact, for Mukesh Mehta
Issuer symbol
N/A
Transactions as of
03 Sep 2024
Net transactions value
-$10,743,883
Form type
4
Filing time
06 Sep 2024, 16:06:26 UTC
Previous filing
15 Aug 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMK Common Stock Gift $0 -182,165 -69% $0.000000 80,286 03 Sep 2024 By Mehta Living Trust F1, F2
transaction AMK Common Stock Gift $0 +182,165 +430% $0.000000 224,505 03 Sep 2024 Direct F3
transaction AMK Common Stock Disposed to Issuer $7,913,801 -224,505 -100% $35.25 0 05 Sep 2024 Direct F4, F5
transaction AMK Common Stock Disposed to Issuer $2,830,082 -80,286 -100% $35.25 0 05 Sep 2024 By Mehta Living Trust F2, F4

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 Employee Stock Option (right to buy) Disposed to Issuer -62,095 -100% 0 05 Sep 2024 Common Stock 62,095 Direct F6
transaction AMK Stock Appreciation Right Disposed to Issuer -80,377 -100% 0 05 Sep 2024 Common Stock 80,377 Direct F7
transaction AMK Stock Appreciation Right Disposed to Issuer -73,171 -100% 0 05 Sep 2024 Common Stock 73,171 Direct F7
transaction AMK Stock Appreciation Right Disposed to Issuer -82,703 -100% 0 05 Sep 2024 Common Stock 82,703 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Mukesh Mehta is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Shares transferred from the Mehta Living Trust, dated March 4, 2022 to the Reporting Person.
F2 Shares held by the Mehta Living Trust dated March 4, 2022, of which both the Reporting Person and his spouse are co-trustees.
F3 Represents shares acquired by the Reporting Person.
F4 Represents shares disposed of as a result of the merger pursuant to the previously announced Agreement and Plan of Merger, dated as of April 25, 2024, by and among AssetMark Financial Holdings, Inc., GTCR Everest Borrower, LLC and GTCR Everest Merger Sub, Inc. (the "Merger Agreement"). Pursuant to the Merger Agreement, at the effective time of the merger contemplated thereby (the "Effective Time"), each share of common stock held by the reporting person was converted automatically into the right to receive $35.25 per share in cash (the "Merger Consideration").
F5 Includes shares of common stock underlying restricted stock units. Pursuant to the Merger Agreement, at the Effective Time, each restricted stock unit held by the reporting person was canceled and converted automatically into the right to receive the Merger Consideration.
F6 Pursuant to the Merger Agreement, at the Effective Time, each stock option with respect to shares of common stock held by the reporting person was canceled and converted automatically into the right to receive an amount in cash equal to, with respect to each share of common stock underlying such stock option, the excess (if any) of the Merger Consideration over the applicable exercise price.
F7 Pursuant to the Merger Agreement, at the Effective Time, each stock appreciation right with respect to shares of common stock held by the reporting person was canceled and converted automatically into the right to receive an amount in cash equal to, with respect to each stock appreciation right, the excess (if any) of the Merger Consideration over the applicable exercise price.