Monte M. Brem - 11 Sep 2024 Form 4 Insider Report for StepStone Group Inc. (STEP)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
13 Sep 2024, 16:12:34 UTC
Prior SEC filing
22 Nov 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jennifer Ishiguro, Attorney-in-fact for Monte M. Brem

Key filing fact

Monte M. Brem filed Form 4 for StepStone Group Inc. (STEP) on 13 Sep 2024.

Key facts

  • This page summarizes Monte M. Brem's Form 4 filing for StepStone Group Inc. (STEP).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 13 Sep 2024, 16:12.

Change

  • Previous filing in this sequence was filed on 22 Nov 2021.
  • Current net transaction value: -$31,126,765.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

STEP transaction

Class B Common Stock

Disposed to Issuer

Transaction value
$629
Shares
-629,065
Change %
-22%
Price
$0.001000
Shares after
2,276,888
Date
11 Sep 2024
Ownership
By MMAR HNL, LLC
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

STEP transaction Derivative

Class B Units

Disposed to Issuer

Transaction value
$31,126,136
Shares
-629,065
Change %
-22%
Price
$49.48
Shares after
2,276,888
Date
11 Sep 2024
Ownership
By MMAR HNL, LLC
Underlying class
Class A Common Stock
Underlying amount
629,065
Exercise price
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

On September 11, 2024, the Reporting Person exchanged 629,065 Class B Units of StepStone Group LP (the "Partnership"). The Issuer elected to settle the exchange in cash for $49.48 per unit using the proceeds of a secondary offering organized by the Issuer. In connection with the exchange, 629,065 shares of Class B Common Stock were automatically redeemed and cancelled.

Footnote F2

The Class B Units of the Partnership are exchangeable, on a one-for-one basis, for shares of Class A Common Stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock will be automatically redeemed and cancelled.

SEC remarks

Member of 13D Group that owns more than 10%

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