Blythe Masters - Mar 31, 2023 Form 4 Insider Report for GCM Grosvenor Inc. (GCMG)

Role: Director
Signature: /s/ Burke Montgomery, Attorney-in-Fact
Stock symbol: GCMG
Transactions as of: Mar 31, 2023
Transactions value $: $71,251
Form type: 4
Date filed: 4/4/2023, 07:06 PM
Previous filing: Jan 3, 2023
Next filing: Jun 16, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GCMG	Class A Common Stock	Options Exercise		+6.44K	+37.04%		23.8K	Mar 31, 2023	Direct	F1, 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	GCMG	Restricted Stock Units	Options Exercise	$0	-6.44K	-15.44%	$0.00	35.3K	Mar 31, 2023	Class A Common Stock	6.44K		Direct	F1, F2
transaction	GCMG	Restricted Stock Units	Award	$71.3K	+9.12K	+25.87%	$7.81	44.4K	Mar 31, 2023	Class A Common Stock	9.12K		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This award of Restricted Stock Units ("RSUs") was granted on March 31, 2022 pursuant to the Issuer's 2020 Incentive Award Plan, in lieu of quarterly cash compensation at the election of the Reporting Person, and was fully vested as of the date of grant. 6,437 shares of Class A Common Stock of the Issuer were delivered to the Reporting Person in settlement of this award on March 31, 2023.
F2	Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer.
F3	This award of RSUs was granted pursuant to the Issuer's 2020 Incentive Award Plan, in lieu of quarterly cash compensation at the election of the Reporting Person, and is fully vested as of the date of grant. For 9,123 RSUs granted on March 31, 2023, 8,213 RSUs granted on December 30, 2022, 7,922 RSUs granted on September 30, 2022 and 9,125 RSUs granted on June 30, 2022, shares of Class A Common Stock in settlement of vested RSUs will be delivered upon the earliest to occur of the anniversary of the grant, the Reporting Person's "separation from service" from the Issuer, a "change in control event" of the Issuer or the Reporting Person's death or disability. Shares of Class A Common Stock in settlement of 10,000 vested RSUs will be delivered upon the earliest to occur of the Reporting Person's "separation from service" from the Issuer, a "change in control event" of the Issuer or the Reporting Person's death or disability.