James Lim - Aug 31, 2023 Form 4 Insider Report for StepStone Group Inc. (STEP)

Role
10%+ Owner
Signature
/s/Jennifer Ishiguro, Attorney-in-fact for James Lim
Stock symbol
STEP
Transactions as of
Aug 31, 2023
Transactions value $
-$540,070
Form type
4
Date filed
9/5/2023, 06:31 PM
Previous filing
Jun 15, 2023
Next filing
Sep 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STEP Class A Common Stock Sale -$19.7K -634 -0.01% $31.01 6.87M Aug 31, 2023 By Sanctuary Bay LLC F1
transaction STEP Class A Common Stock Sale -$498K -16.1K -0.23% $31.04 6.85M Sep 1, 2023 By Sanctuary Bay LLC F2
transaction STEP Class A Common Stock Sale -$22K -710 -0.01% $31.03 6.85M Sep 5, 2023 By Sanctuary Bay LLC F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was executed pursuant to a Rule 10b5-1 trading plan in multiple trades at prices ranging from $31.00 to $31.02. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
F2 This transaction was executed pursuant to a Rule 10b5-1 trading plan in multiple trades at prices ranging from $31.00 to $31.35. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 This transaction was executed pursuant to a Rule 10b5-1 trading plan in multiple trades at prices ranging from $31.00 to $31.05. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.