James Lim - Feb 13, 2024 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
Feb 13, 2024
Transactions value $
-$2,470,918
Form type
4
Date filed
2/15/2024, 07:09 PM
Previous filing
Dec 18, 2023
Next filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STEP Class A Common Stock Sale -$316K -9.01K -0.14% $35.06 6.39M Feb 13, 2024 By Sanctuary Bay LLC F1
transaction STEP Class A Common Stock Sale -$2.16M -61.3K -0.96% $35.16 6.33M Feb 14, 2024 By Sanctuary Bay LLC F2
* 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 $35.00 to $35.27. 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 $34.80 to $35.40. 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.