Frederick Pollock - Aug 15, 2023 Form 4 Insider Report for GCM Grosvenor Inc. (GCMG)

Role: Chief Investment Officer
Signature: /s/ Burke Montgomery, Attorney-in-Fact
Stock symbol: GCMG
Transactions as of: Aug 15, 2023
Transactions value $: -$1,227,504
Form type: 4
Date filed: 8/17/2023, 05:28 PM
Previous filing: Mar 3, 2023
Next filing: Mar 5, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GCMG	Class A Common Stock	Options Exercise		+131K	+23.62%		687K	Aug 15, 2023	Direct	F1, F2
transaction	GCMG	Class A Common Stock	Tax liability	-$1.23M	-154K	-22.37%	$7.99	533K	Aug 15, 2023	Direct	F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	GCMG	Restricted Stock Units	Options Exercise	$0	-131K	-100%	$0.00^*	0	Aug 15, 2023	Class A Common Stock	131K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents restricted stock units ("RSUs") that were granted under the Issuer's 2020 Incentive Award Plan on March 1, 2023, and vested in full on August 15, 2023. Shares of Class A common stock of the Issuer were delivered to the Reporting Person in settlement of vested RSUs on August 15, 2023.
F2	Each RSU represents the contingent right to receive one share of Class A common stock of the Issuer.
F3	Represents shares of Class A common stock that have been withheld by the Issuer to satisfy tax withholding obligations in connection with the net settlement of RSUs that vested on March 1, 2023 and August 15, 2023. The shares withheld represent a reduction of shares issued to the Reporting Person upon settlement of vested RSUs and do not constitute any open-market sale.