Sandra M. Buchanan - 31 Mar 2023 Form 4 Insider Report for GCM Grosvenor Inc. (GCMG)

Role
Chief HR Officer
Signature
/s/ Burke Montgomery, Attorney-in-Fact
Issuer symbol
GCMG
Transactions as of
31 Mar 2023
Net transactions value
-$542,795
Form type
4
Filing time
04 Apr 2023, 19:04:43 UTC
Previous filing
03 Mar 2023
Next filing
21 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GCMG Class A Common Stock Options Exercise +69,500 +68% 171,267 31 Mar 2023 Direct F1, F2
transaction GCMG Class A Common Stock Disposed to Issuer $542,795 -69,500 -41% $7.81 101,767 31 Mar 2023 Direct F1

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 GCMG Restricted Stock Units Options Exercise $0 -69,500 -100% $0.000000* 0 31 Mar 2023 Class A Common Stock 69,500 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Restricted Stock Units ("RSUs") that were granted under the Issuer's 2020 Incentive Award Plan on December 15, 2022, and vested in full on March 31, 2023. 28,206 shares of Class A Common Stock were withheld by the Issuer to satisfy tax withholding obligations in connection with the net settlement of vested RSUs, and 41,294 RSUs were settled in cash at the option of the Issuer in an amount equal to the fair market value of the shares of Class A Common Stock underlying the RSUs on March 31, 2023. The shares withheld for tax withholding obligations and the cash settlement of RSUs do not constitute any open-market sale.
F2 Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer.