Hart Scott W's Form 4 filing
StepStone Group Inc. (STEP) · filed Dec 4, 2024
- Accession no.
- 0001796022-24-000094
- Filed
- Dec 4, 2024
- Trade date
- Dec 2-4, 2024
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 7 non-derivative transactions and 1 derivative transaction. Open-market sales total $3.78M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Hart Scott WCIK 0001821974 | Director, Officer (Chief Executive Officer), Other: See remarks |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Dec 2, 2024 | Class A Common Stock | CConversionAcquired | +180,000 | –F1 | – | 180,000 | Indirect | |
| Dec 2, 2024 | Class B Common Stock | DReturned to the companyDisposed | −180,000 | $0.00 | $0 | 3,061,782 | Indirect | |
| Dec 3, 2024 | Class A Common Stock | SSaleDisposed | −19,291 | $63.11F2 | −$1,217,455.01 | 160,709 | Indirect | |
| Dec 3, 2024 | Class A Common Stock | SSaleDisposed | −2,700 | $64.15F3 | −$173,205 | 158,009 | Indirect | |
| Dec 3, 2024 | Class A Common Stock | SSaleDisposed | −100 | $64.85 | −$6,485 | 157,909 | Indirect | |
| Dec 4, 2024 | Class A Common Stock | SSaleDisposed | −37,509 | $62.80F4 | −$2,355,565.2 | 120,400 | Indirect | |
| Dec 4, 2024 | Class A Common Stock | SSaleDisposed | −400 | $63.48F5 | −$25,392 | 120,000 | Indirect |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Dec 2, 2024 | Class A Common Stock | CConversionDisposed | −180,000 | –F6 | – | 3,061,782 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
On December 2, 2024, the Reporting Person exchanged 180,000 Class B Units of StepStone Group LP (the "Partnership") for 180,000 shares of Class A Common Stock. In connection with the exchange, 180,000 shares of Class B Common Stock were automatically redeemed and cancelled.
Referenced by the price of 1 transaction in Table I.
- F2
The sales reported in this Form 4 were effected in multiple trades at prices ranging from $62.73 to $63.71. 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.
Referenced by the price of 1 transaction in Table I.
- F3
The sales reported in this Form 4 were effected in multiple trades at prices ranging from $63.74 to $64.70. 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.
Referenced by the price of 1 transaction in Table I.
- F4
The sales reported in this Form 4 were effected in multiple trades at prices ranging from $62.22 to $63.15. 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.
Referenced by the price of 1 transaction in Table I.
- F5
The sales reported in this Form 4 were effected in multiple trades at prices ranging from $63.38 to $63.60. 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.
Referenced by the price of 1 transaction in Table I.
- F6
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 of the Issuer are automatically redeemed and cancelled.
Referenced by the price of 1 transaction in Table II.
Remarks
Member of 13D Group that owns more than 10%