Thomas Keck - Sep 30, 2021 Form 4 Insider Report for StepStone Group Inc. (STEP)

Role
Director, Member of 13D Group that owns more than 10%
Signature
/s/ Jennifer Ishiguro, Attorney-in-fact for Thomas Keck
Stock symbol
STEP
Transactions as of
Sep 30, 2021
Transactions value $
-$400
Form type
4
Date filed
10/4/2021, 08:30 PM
Next filing
Oct 18, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STEP Class A Common Stock Conversion of derivative security +400K 400K Sep 30, 2021 By Trust F1, F2
transaction STEP Class B Common Stock Disposed to Issuer -$400 -400K -9.53% $0.00* 3.8M Sep 30, 2021 By Trust F1
transaction STEP Class B Common Stock Gift $0 -3.15M -82.88% $0.00 650K Sep 30, 2021 By Trust
transaction STEP Class B Common Stock Gift $0 +3.15M $0.00 3.15M Sep 30, 2021 By Old Salt Capital LLC
holding STEP Class B Common Stock 1.1M Sep 30, 2021 By Cresta Capital, LLC
holding STEP Class A Common Stock 55.8K Sep 30, 2021 Direct

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 STEP Class B Units Conversion of derivative security -400K -9.53% 3.8M Sep 30, 2021 Class A Common Stock 400K By Trust F2
transaction STEP Class B Units Gift -3.15M -82.88% 650K Sep 30, 2021 Class A Common Stock 3.15M By Trust F2
transaction STEP Class B Units Gift +3.15M 3.15M Sep 30, 2021 Class A Common Stock 3.15M By Old Salt Capital LLC F2
holding STEP Class B Units 1.1M Sep 30, 2021 Class A Common Stock 1.1M By Cresta Capital, LLC F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On September 30, 2021, the Reporting Person exchanged 400,000 Class B Units of StepStone Group LP for 400,000 shares of Class A Common Stock. In connection with the exchange, 400,000 shares of Class B Common Stock were automatically redeemed and cancelled.
F2 The Class B Units of the Partnership are exchangeable, on a one-for-one basis, for shares of Class A Common Stock. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock are automatically redeemed and cancelled.

Remarks:

Member of 13D Group that owns more than 10%