Frederick Pollock - Mar 1, 2024 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
Mar 1, 2024
Transactions value $
$0
Form type
4
Date filed
3/5/2024, 05:01 PM
Previous filing
Aug 17, 2023
Next filing
Jun 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GCMG Class A Common Stock Options Exercise +9.17K +1.72% 542K Mar 1, 2024 Direct F1

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 -9.17K -100% $0.00* 0 Mar 1, 2024 Class A Common Stock 9.17K Direct F1, F2
transaction GCMG Restricted Stock Units Award $0 +103K $0.00 103K Mar 1, 2024 Class A Common Stock 103K Direct F1, F3
transaction GCMG Restricted Stock Units Award $0 +150K $0.00 150K Mar 1, 2024 Class A Common Stock 150K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents the contingent right to receive one share of Class A Common Stock of the Issuer.
F2 Represents a grant of RSUs under the Issuer's 2020 Incentive Award Plan that was made on March 1, 2022. 9,166.67 RSUs vested on each of March 1, 2022 and March 1, 2023, and 9,166.66 RSUs vested on March 1, 2024. Delivery of shares of Class A Common Stock in settlement of vested RSUs for this grant generally occurs in August of the year in which the RSUs vest.
F3 Represents a grant of RSUs under the Issuer's Amended and Restated 2020 Incentive Award Plan on March 1, 2024 made in accordance with the Reporting Person's employment agreement. The RSUs will vest in full on August 15, 2024, subject to the Reporting Person's continued service through the vesting date. Delivery of Class A Common Stock in settlement of vested RSUs will occur on the delivery date set forth in the applicable award agreement unless the Issuer elects to settle the RSUs in cash, or a combination of Class A Common Stock and cash, in the Issuer's sole discretion.
F4 Represents a grant of RSUs under the Issuer's Amended and Restated 2020 Incentive Award Plan on March 1, 2024 made in accordance with the Reporting Person's employment agreement. The RSUs will vest in three equal installments on March 1, 2025, March 1, 2026 and March 1, 2027, subject to the Reporting Person's continued service through the applicable vesting date. Delivery of Class A Common Stock in settlement of vested RSUs will occur on the delivery date set forth in the applicable award agreement.