Sandra M. Buchanan - 31 May 2024 Form 4 Insider Report for GCM Grosvenor Inc. (GCMG)

Signature
/s/ Burke Montgomery, Attorney-in-Fact
Issuer symbol
GCMG
Transactions as of
31 May 2024
Net transactions value
-$62,220
Form type
4
Filing time
04 Jun 2024, 19:05:18 UTC
Previous filing
17 Apr 2024
Next filing
13 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GCMG Class A Common Stock Options Exercise +13,333 +53% 38,659 31 May 2024 Direct F1, F2
transaction GCMG Class A Common Stock Tax liability $62,220 -6,191 -16% $10.05 32,468 31 May 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 -13,333 -33% $0.000000 26,667 31 May 2024 Class A Common Stock 13,333 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. 13,333 RSUs vested on May 31, 2024, 13,333 RSUs will vest on May 31, 2025 and 13,334 RSUs will vest on May 31, 2026, subject to the Reporting Person's continued service through the applicable vesting date. 13,333 shares of Class A Common Stock of the Issuer were delivered to the Reporting Person in settlement of 13,333 vested RSUs on May 31, 2024.
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 May 31, 2024. 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