Suren Rana - 31 Dec 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: 31 Dec 2021
Transactions value $: -$9,706,465
Form type: 4
Filing time: 03 Jan 2022, 15:24:28 UTC
Previous filing: 14 Jan 2022
Next filing: 10 Feb 2022
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	$3.75M	+375K	+137.38%	$10.00	648K	31 Dec 2021	Direct
transaction	BSIG	Common Stock	Tax liability	-$6.4M	-247K	-38.09%	$25.92	401K	31 Dec 2021	Direct
transaction	BSIG	Common Stock	Sale	-$3.31M	-128K	-31.95%	$25.81	273K	31 Dec 2021	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	BSIG	Employee Stock Option	Options Exercise	-$3.75M	-375K	-33.33%	$10.00	750K	31 Dec 2021	Common Stock	375K	$10.00	Direct	F2

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

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.56 to $25.99, inclusive. The reporting person undertakes to provide to BrightSphere Investment Group Inc., any securityholder of BrightSphere Investment Group Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
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

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.56 to $25.99, inclusive. The reporting person undertakes to provide to BrightSphere Investment Group Inc., any securityholder of BrightSphere Investment Group Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.

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.