Richard J. Hart - Nov 11, 2024 Form 4 Insider Report for BrightSphere Investment Group Inc. (BSIG)

Role
Chief Legal Officer
Signature
/s/ Richard J. Hart
Stock symbol
BSIG
Transactions as of
Nov 11, 2024
Transactions value $
-$6,211,407
Form type
4
Date filed
11/13/2024, 04:29 PM
Previous filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSIG Common Stock Options Exercise $1.08M +90K +128.55% $12.00 160K Nov 11, 2024 Direct
transaction BSIG Common Stock Tax liability -$1.83M -62.6K -39.11% $29.25 97.4K Nov 11, 2024 Direct
transaction BSIG Common Stock Options Exercise $3.75M +375K +384.92% $10.00 472K Nov 11, 2024 Direct
transaction BSIG Common Stock Tax liability -$7.21M -247K -52.21% $29.25 226K Nov 11, 2024 Direct
transaction BSIG Common Stock Sale -$2M -70K -31% $28.52 156K Nov 11, 2024 Direct F1

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 BSIG Employee Stock Option Options Exercise $0 -90K -100% $0.00 0 Nov 11, 2024 Common Stock 90K $12.00 Direct F2
transaction BSIG Employee Stock Option Options Exercise $0 -375K -100% $0.00 0 Nov 11, 2024 Common Stock 375K $10.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.77 to $29.86, inclusive. The reporting person undertakes to provide to BrightSphere Investment Group Inc., any securityholder of BrightSphere Investment Group Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
F2 On February 14, 2020, the reporting person was granted an option to purchase 150,000 shares of common stock of BrightSphere Investment Group Inc. The option vested in five equal installments, with the first tranche vesting immediately and the following tranches vesting on each of December 31, 2020, December 31, 2021, December 31, 2022 and December 31, 2023.
F3 On April 21, 2020, the reporting person was granted an option to purchase 500,000 shares of common stock of BrightSphere Investment Group Inc. The option vested in four equal installments on each of December 31, 2020, December 31, 2021, December 31, 2022 and December 31, 2023.