Steven R. Mitchell - 27 Sep 2021 Form 4/A Insider Report for StepStone Group Inc. (STEP)

Signature
/s/ Jennifer Ishiguro, Attorney-in-fact for Steven R. Mitchell
Issuer symbol
STEP
Transactions as of
27 Sep 2021
Net transactions value
-$1,527,082
Form type
4/A
Filing time
12 Jun 2024, 19:53:12 UTC
Date Of Original Report
29 Sep 2021
Previous filing
29 Jul 2021
Next filing
07 Oct 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STEP Class A Common Stock Sale $415,263 -9,290 -15% $44.70 53,210 27 Sep 2021 Direct F1
transaction STEP Class A Common Stock Sale $769,298 -17,845 -34% $43.11 35,365 28 Sep 2021 Direct F2
transaction STEP Class A Common Stock Sale $342,521 -7,865 -22% $43.55 27,500 29 Sep 2021 Direct 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 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan in multiple trades at prices ranging from $43.84 to $45.12. 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 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan in multiple trades at prices ranging from $42.59 to $44.46. 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 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan in multiple trades at prices ranging from $43.12 to $43.97. 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.

Remarks:

This amendment is filed to remove references to (a) Class B Common Stock held by ARGO Holdings, LLC and (b) the reporting person being part of a "group" with ARG Private Equity, LLC, ARO Holdings, LLC, Sanford Energy, Inc., George Kaiser, and Robert A Waldo., each of which were included in the original filing in error.