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

Role
Chief Investment Officer
Signature
/s/ Burke Montgomery, Attorney-in-Fact
Stock symbol
GCMG
Transactions as of
Aug 15, 2023
Transactions value $
-$1,227,504
Form type
4
Date filed
8/17/2023, 04:28 PM
Previous filing
Mar 3, 2023
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GCMG Class A Common Stock Options Exercise +131K +23.62% 687K Aug 15, 2023 Direct F1, F2
transaction GCMG Class A Common Stock Tax liability -$1.23M -154K -22.37% $7.99 533K Aug 15, 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 -131K -100% $0.00* 0 Aug 15, 2023 Class A Common Stock 131K 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.