BLYTHE MASTERS - 29 Sep 2023 Form 4 Insider Report for GCM Grosvenor Inc. (GCMG)

Role: Director
Signature: /s/ Burke Montgomery, Attorney-in-Fact
Issuer symbol: GCMG
Transactions as of: 29 Sep 2023
Net transactions value: +$71,252
Form type: 4
Filing time: 03 Oct 2023, 17:27:49 UTC
Previous filing: 03 Jul 2023
Next filing: 02 Jan 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		+7,922	+24%		40,862	30 Sep 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	Award	$71,252	+9,182	+21%	$7.76	53,890	29 Sep 2023	Class A Common Stock	9,182		Direct	F2, F3
transaction	GCMG	Restricted Stock Units	Options Exercise	$0	-7,922	-15%	$0.000000	45,968	30 Sep 2023	Class A Common Stock	7,922		Direct	F1, 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 September 30, 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. 7,922 shares of Class A Common Stock of the Issuer were delivered to the Reporting Person in settlement of this award on September 30, 2023.
F2	Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer.
F3	An award of 9,182 RSUs was granted on September 29, 2023 pursuant to the Issuer's Amended and Restated 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 9,182 RSUs granted on September 29, 2023, 9,450 RSUs granted on June 30, 2023, 9,123 RSUs granted on March 31, 2023 and 8,213 RSUs granted on December 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.