Thomas Keck - 30 Sep 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
Issuer symbol
STEP
Transactions as of
30 Sep 2021
Net transactions value
-$400
Form type
4
Filing time
04 Oct 2021, 20:30:47 UTC
Next filing
18 Oct 2021
SEC
View on sec.gov

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 +400,000 400,000 30 Sep 2021 By Trust F1, F2
transaction STEP Class B Common Stock Disposed to Issuer $400 -400,000 -9.5% $0.001000* 3,797,166 30 Sep 2021 By Trust F1
transaction STEP Class B Common Stock Gift $0 -3,147,166 -83% $0.000000 650,000 30 Sep 2021 By Trust
transaction STEP Class B Common Stock Gift $0 +3,147,166 $0.000000 3,147,166 30 Sep 2021 By Old Salt Capital LLC
holding STEP Class B Common Stock 1,099,332 30 Sep 2021 By Cresta Capital, LLC
holding STEP Class A Common Stock 55,750 30 Sep 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 -400,000 -9.5% 3,797,166 30 Sep 2021 Class A Common Stock 400,000 By Trust F2
transaction STEP Class B Units Gift -3,147,166 -83% 650,000 30 Sep 2021 Class A Common Stock 3,147,166 By Trust F2
transaction STEP Class B Units Gift +3,147,166 3,147,166 30 Sep 2021 Class A Common Stock 3,147,166 By Old Salt Capital LLC F2
holding STEP Class B Units 1,099,332 30 Sep 2021 Class A Common Stock 1,099,332 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%