Suren Rana - 29 Nov 2021 Form 4 Insider Report for BrightSphere Investment Group Inc. (BSIG)

Role: President and CEO, Director
Signature: /s/ Richard J. Hart, Attorney-in-fact
Issuer symbol: BSIG
Transactions as of: 29 Nov 2021
Net transactions value: -$31,852,993
Form type: 4
Filing time: 30 Nov 2021, 15:25:42 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
transaction	BSIG	Common Stock	Options Exercise	$14,904,000	+1,242,000		$12.00	1,242,000	29 Nov 2021	Direct
transaction	BSIG	Common Stock	Tax liability	$24,751,793	-820,955	-66%	$30.15	421,045	29 Nov 2021	Direct
transaction	BSIG	Common Stock	Options Exercise	$3,750,000	+375,000	+89%	$10.00	796,045	29 Nov 2021	Direct
transaction	BSIG	Common Stock	Tax liability	$7,101,199	-235,529	-30%	$30.15	560,516	29 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	$14,904,000	-1,242,000	-60%	$12.00	828,000	29 Nov 2021	Common Stock	1,242,000	$12.00	Direct	F1
transaction	BSIG	Employee Stock Option	Options Exercise	$3,750,000	-375,000	-25%	$10.00	1,125,000	29 Nov 2021	Common Stock	375,000	$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 January 20, 2019, the reporting person was granted an option to purchase 2,070,000 ordinary shares of BrightSphere Investment Group plc. The option vests in five equal annual installments of 414,000 ordinary shares over a four-year period with the first tranche vesting immediately, and the following tranches vesting on each of January 20, 2020, January 20, 2021, January 20, 2022 and January 20, 2023, subject to the reporting person's continued employment with the Company. Upon a change of control of BrightSphere (as defined in the award agreement), the vesting of one tranche equal to 20% of the option shall accelerate pursuant to the terms of the award agreement.
F2	On April 21, 2020, the reporting person was granted an option to purchase 1,500,000 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.

Content

On January 20, 2019, the reporting person was granted an option to purchase 2,070,000 ordinary shares of BrightSphere Investment Group plc. The option vests in five equal annual installments of 414,000 ordinary shares over a four-year period with the first tranche vesting immediately, and the following tranches vesting on each of January 20, 2020, January 20, 2021, January 20, 2022 and January 20, 2023, subject to the reporting person's continued employment with the Company. Upon a change of control of BrightSphere (as defined in the award agreement), the vesting of one tranche equal to 20% of the option shall accelerate pursuant to the terms of the award agreement.

On April 21, 2020, the reporting person was granted an option to purchase 1,500,000 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.