Richard J. Hart - 26 Nov 2021 Form 4 Insider Report for BrightSphere Investment Group Inc. (BSIG)

Role
Chief Legal Officer
Signature
/s/ Richard J. Hart
Issuer symbol
BSIG
Transactions as of
26 Nov 2021
Net transactions value
-$1,533,113
Form type
4
Filing time
26 Nov 2021, 20:16:19 UTC
Next filing
09 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSIG Common Stock Options Exercise $720,000 +60,000 +270% $12.00 82,261 26 Nov 2021 Direct
transaction BSIG Common Stock Tax liability $1,118,857 -36,732 -45% $30.46 45,529 26 Nov 2021 Direct
transaction BSIG Common Stock Options Exercise $1,250,000 +125,000 +275% $10.00 170,529 26 Nov 2021 Direct
transaction BSIG Common Stock Tax liability $2,384,256 -78,275 -46% $30.46 92,254 26 Nov 2021 Direct

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 BSIG Employee Stock Option Options Exercise $0 -60,000 -40% $0.000000 90,000 26 Nov 2021 Common Stock 60,000 $12.00 Direct F1
transaction BSIG Employee Stock Option Options Exercise $0 -125,000 -25% $0.000000 375,000 26 Nov 2021 Common Stock 125,000 $10.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 14, 2020, the reporting person was granted an option to purchase 150,000 shares of common stock of BrightSphere Investment Group Inc. The option vests in five equal installments, with the first tranche vesting immediately and the following tranches vesting on each of December 31, 2020, December 31, 2021, December 31, 2022 and December 31, 2023.
F2 On April 21, 2020, the reporting person was granted an option to purchase 500,000 shares of common stock of BrightSphere Investment Group Inc. The option vests in four equal installments on each of December 31, 2020, December 31, 2021, December 31, 2022 and December 31, 2023.