Frederick Pollock - 15 Aug 2023 Form 4 Insider Report for GCM Grosvenor Inc. (GCMG)

Role
Chief Investment Officer
Signature
/s/ Burke Montgomery, Attorney-in-Fact
Issuer symbol
GCMG
Transactions as of
15 Aug 2023
Net transactions value
-$1,227,504
Form type
4
Filing time
17 Aug 2023, 16:28:47 UTC
Previous filing
03 Mar 2023
Next filing
05 Mar 2024
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 +131,250 +24% 686,851 15 Aug 2023 Direct F1, F2
transaction GCMG Class A Common Stock Tax liability $1,227,504 -153,630 -22% $7.99 533,221 15 Aug 2023 Direct F3

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 -131,250 -100% $0.000000* 0 15 Aug 2023 Class A Common Stock 131,250 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 March 1, 2023, and vested in full on August 15, 2023. Shares of Class A common stock of the Issuer were delivered to the Reporting Person in settlement of vested RSUs on August 15, 2023.
F2 Each RSU represents the contingent right to receive one share of Class A common stock of the Issuer.
F3 Represents shares of Class A common stock that have been withheld by the Issuer to satisfy tax withholding obligations in connection with the net settlement of RSUs that vested on March 1, 2023 and August 15, 2023. The shares withheld represent a reduction of shares issued to the Reporting Person upon settlement of vested RSUs and do not constitute any open-market sale.