Michael Jay Sacks - 19 Mar 2025 Form 4 Insider Report for GCM Grosvenor Inc. (GCMG)

SEC evidence 5 facts
Form type
4
Accepted by SEC
21 Mar 2025, 16:31:09 UTC
Previous filing
30 Jan 2025
Next filing
12 May 2025
SEC filing
View on sec.gov
Reporting owner 1 fact
Reporting owner signature
/s/ Burke Montgomery, Attorney-in-Fact for Michael J. Sacks

Key filing fact

Michael Jay Sacks filed Form 4 for GCM Grosvenor Inc. (GCMG) on 21 Mar 2025.

Key facts

  • This page summarizes Michael Jay Sacks's Form 4 filing for GCM Grosvenor Inc. (GCMG).
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 21 Mar 2025, 16:31.

Change

  • Previous filing in this sequence was filed on 30 Jan 2025.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

GCMG transaction Derivative

Management Award Interests (Obligation to transfer)

Other

Transaction value
$0
Shares
-389,415
Change %
-5.3%
Price
$0.000000
Shares after
6,969,415
Date
19 Mar 2025
Ownership
See footnotes
Underlying class
Class A Common Stock
Underlying amount
389,415
Exercise price
Footnotes
F1, F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

GCM Grosvenor Management, LLC ("GCM Grosvenor Management") awarded interests (the "Management Award Interests") in GCM Grosvenor Management that represent the contingent obligation to transfer rights to shares of the Issuer's Class A Common Stock owned by GCM Grosvenor Management on a one-for-one basis to employees of the Issuer or its affiliates beginning in 2025. The Reporting Person is the ultimate managing member GCM Grosvenor Management. The Management Award Interests represent an obligation of GCM Grosvenor Management and do not constitute any new share issuance or obligation of the Issuer. GCM Grosvenor Management is obligated to transfer Class A Common Stock it owns, and therefore the vesting of Management Award Interests will not dilute the Issuer's Class A Common Stockholders relative to noncontrolling interests in Grosvenor Capital Managment Holdings, LLLP.

Footnote F2

Represents the disposition of Management Award Interests on March 19, 2025. The Management Award Interests are scheduled to vest on May 1, 2025, and delivery of shares of Class A Common Stock owned by GCM Grosvenor Management in settlement of vested Management Award Interests will occur as set forth in the applicable award agreement in 2025, unless the applicable employee elected to defer delivery to a later date.

Footnote F3

Represents securities held directly by GCM Grosvenor Management. The Reporting Person is the ultimate managing member GCM Grosvenor Management.

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