Kathleen Patricia Sullivan - Apr 15, 2024 Form 4 Insider Report for GCM Grosvenor Inc. (GCMG)

Role
Principal Accounting Officer
Signature
/s/ Burke Montgomery, Attorney-in-Fact
Stock symbol
GCMG
Transactions as of
Apr 15, 2024
Transactions value $
-$253,158
Form type
4
Date filed
4/17/2024, 08:57 PM
Previous filing
Mar 5, 2024
Next filing
Jun 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GCMG Class A Common Stock Options Exercise +10.9K +17.65% 72.7K Apr 15, 2024 Direct F1, F2
transaction GCMG Class A Common Stock Disposed to Issuer -$82.4K -8.88K -12.22% $9.28 63.8K Apr 15, 2024 Direct F1
transaction GCMG Class A Common Stock Disposed to Issuer -$171K -18.4K -28.84% $9.28 45.4K Apr 15, 2024 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 -10.9K -100% $0.00* 0 Apr 15, 2024 Class A Common Stock 10.9K 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 Amended and Restated 2020 Incentive Award Plan on January 15, 2024, vested in full on April 15, 2024 and were settled in full on April 15, 2024. 1,611 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 7,270 RSUs were settled in cash at the option of the Issuer in an amount of equal to fair market value of the shares of Class A Common Stock underlying the RSUs on April 15, 2024. 2,023 shares of Class A Common Stock were issued in settlement of 2,023 RSUs. 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.
F3 Represents RSUs that were granted under the Issuer's Amended and Restated 2020 Incentive Award Plan on October 2, 2023, vested in full on March 1, 2024 and were settled in full on April 15, 2024. 3,343 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 15,056 RSUs were settled in cash at the option of the Issuer in an amount of equal to fair market value of the shares of Class A Common Stock underlying the RSUs on April 15, 2024. 4,182 shares of Class A Common Stock were issued in settlement of 4,182 RSUs. The shares withheld for tax withholding obligations and the cash settlement of RSUs do not constitute any open-market sale.