James Lim - Sep 11, 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
Sep 11, 2023
Transactions value $
-$4,083,853
Form type
4
Date filed
9/13/2023, 06:27 PM
Previous filing
Sep 8, 2023
Next filing
Sep 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STEP Class A Common Stock Sale -$994K -31.6K -0.46% $31.42 6.78M Sep 11, 2023 By Sanctuary Bay LLC F1
transaction STEP Class A Common Stock Sale -$1.38M -43.5K -0.64% $31.64 6.74M Sep 12, 2023 By Sanctuary Bay LLC F2
transaction STEP Class A Common Stock Sale -$1.71M -53.9K -0.8% $31.76 6.68M Sep 13, 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 $31.62. 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 $31.12 to $31.81. 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 $31.46 to $32.04. 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.