StepStone Group Inc. Files DEF 14A for FY24

TL;DR

StepStone Group Inc. DEF 14A filed: Executive comp & equity awards detailed for FY24.

AI Summary

StepStone Group Inc. filed a DEF 14A on July 29, 2024, for the fiscal year ending March 31, 2024. The filing details executive compensation, including stock awards and changes in the fair value of equity awards for individuals like Mr. Hart and other members. It also covers information related to the company's fiscal years from 2020 to 2024.

Why It Matters

This filing provides crucial details on executive compensation and equity awards, offering insights into how StepStone Group Inc. incentivizes its leadership and manages its stock-based compensation plans.

Risk Assessment

Risk Level: low — This is a routine annual filing (DEF 14A) detailing executive compensation and corporate governance, with no immediate red flags.

Key Numbers

• 2024-03-31 — Fiscal Year End (The reporting period for the DEF 14A filing.)
• 20240729 — Filing Date (The date StepStone Group Inc. submitted this DEF 14A to the SEC.)

Key Players & Entities

• StepStone Group Inc. (company) — Filer of the DEF 14A
• Mr. Hart (person) — Executive mentioned in relation to stock awards

FAQ

Key Financial Figures

• $15 billion — estment firm that oversaw approximately $15 billion of commitments from institutional clien

Filing Documents

• d852044ddef14a.htm (DEF 14A) — 836KB
• g852044dsp001a.jpg (GRAPHIC) — 8KB
• g852044dsp001b.jpg (GRAPHIC) — 98KB
• g852044dsp001c.jpg (GRAPHIC) — 3KB
• g852044dsp001d.jpg (GRAPHIC) — 2KB
• g852044dsp001e.jpg (GRAPHIC) — 3KB
• g852044dsp002a.jpg (GRAPHIC) — 1KB
• g852044dsp002c.jpg (GRAPHIC) — 1KB
• g852044g00a04.jpg (GRAPHIC) — 137KB
• g852044g03c87.jpg (GRAPHIC) — 31KB
• g852044g25s01.jpg (GRAPHIC) — 147KB
• g852044g25s03.jpg (GRAPHIC) — 168KB
• g852044g33r89.jpg (GRAPHIC) — 27KB
• 0001193125-24-186620.txt ( ) — 2929KB
• step-20240331.xsd (EX-101.SCH) — 5KB
• step-20240331_def.xml (EX-101.DEF) — 5KB
• step-20240331_lab.xml (EX-101.LAB) — 6KB
• step-20240331_pre.xml (EX-101.PRE) — 4KB
• d852044ddef14a_htm.xml (XML) — 95KB

EXECUTIVE COMPENSATION TABLES

EXECUTIVE COMPENSATION TABLES 20 CEO PAY RATIO 26 PAY VERSUS PERFORMANCE 27 INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM 31 Principal Accountant Fees and Services 31 Pre-Approval of Audit and Non-Audit Services Policy 31 AUDIT COMMITTEE REPORT 32 PROPOSAL 2—RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM 33 PROPOSAL 3—NON-BINDING AND ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION 34 PROPOSAL 4— APPROVAL OF THE ISSUANCE OF SHARES OF OUR CLASS A COMMON STOCK UPON EXCHANGE OF CERTAIN UNITS, IN ACCORDANCE WITH NASDAQ LISTING RULES 35 CERTAIN RELATIONSHIPS AND RELATED PERSON TRANSACTIONS 39 Procedures for Review, Approval, and Ratification of Related Person Transactions 39 Related Person Transactions 39 Indemnification Agreements 48 BENEFICIAL OWNERSHIP OF SECURITIES 49 QUESTIONS & ANSWERS ABOUT THE ANNUAL MEETING 53 OTHER MATTERS 58 Other Business 58 Submission of Stockholder Proposals for the 2025 Annual Meeting 58 Householding Information 58 Where You Can Find More Information 59 Appendix A—Option Agreement A-1 i Table of Contents

Forward-Looking Statements and Website References

Forward-Looking Statements and Website References This document includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, concerning expectations, beliefs, plans, objectives, goals, strategies, future events or performance and underlying assumptions and other statements that are other than statements of historical fact, including statements regarding our environmental and other sustainability plans and goals. Although we believe that the expectations and assumptions reflected in these statements are reasonable, there can be no assurance that these expectations will prove to be correct. Forward-looking statements are subject to many risks and uncertainties, including the risk factors that we identify in our SEC filings, and actual results may differ materially from the results discussed in such forward-looking statements. We undertake no duty to update publicly any forward-looking statement that we may make, whether as a result of new information, future events or otherwise, except as may be required by applicable law, regulation or other competent legal authority. Website references throughout this document are provided for convenience only, and the content on the referenced websites is not incorporated by reference into this document. ii Table of Contents BOARD OF DIRECTORS AND CORPORATE GOVERNANCE Status as a Controlled Company As of July 1, 2024, holders of our Class B common stock control approximately 77.2% of the voting power of our outstanding common stock because each share of our Class B common stock entitles its holder to five votes on all matters to be voted on by stockholders generally until a Sunset (as defined below) becomes effective. After a Sunset becomes effective, each share of our Class B common stock will entitle its holder to one vote. So long as no Sunset has occurred and the Class B stockholders who are party

View Full Filing

View this DEF 14A filing on SEC EDGAR