FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

SULLIVAN KATHLEEN PATRICIA
2. Issuer Name and Ticker or Trading Symbol

GCM Grosvenor Inc. [ GCMG ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Principal Accounting Officer
(Last)          (First)          (Middle)

C/O GCM GROSVENOR INC., 900 NORTH MICHIGAN AVENUE, SUITE 1100
3. Date of Earliest Transaction (MM/DD/YYYY)

3/1/2023
(Street)

CHICAGO, IL 60611
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 3/1/2023  M  31666.66 A (1)68335 D  
Class A Common Stock 3/1/2023  M  2500 A (1)70835 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units  (1)3/1/2023  M     31666.66   (2) (2)Class A Common Stock 31666.66 $0 0 D  
Restricted Stock Units  (1)3/1/2023  M     2500   (3) (3)Class A Common Stock 2500.0 $0 2500 D  
Restricted Stock Units  (1)3/1/2023  A   37500     (4) (4)Class A Common Stock 37500.0 $0 37500 D  

Explanation of Responses:
(1) Each Restricted Stock Unit ("RSU") represents the contingent right to receive one share of Class A Common Stock of the Issuer.
(2) Represents a grant of RSUs under the Issuer's 2020 Incentive Award Plan on March 1, 2021. 31,666.67 RSUs vested on each of March 1, 2021 and March 1, 2022, and 31,666.66 RSUs vested on March 1, 2023. Delivery of shares of Class A Common Stock in settlement of vested RSUs generally occurs in August of the year in which the RSUs vest.
(3) Represents a grant of RSUs under the Issuer's 2020 Incentive Award Plan on March 1, 2022. 2,500 RSUs vested on each of March 1, 2022 and March 1, 2023, and 2,500 RSUs will vest on March 1, 2024. Delivery of shares of Class A Common Stock in settlement of vested RSUs generally occurs in August of the year in which the RSUs vest.
(4) Represents a grant of RSUs under the Issuer's 2020 Incentive Award Plan on March 1, 2023. The RSUs will vest in three equal installments on May 31, 2024, May 31, 2025 and May 31, 2026, 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.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
SULLIVAN KATHLEEN PATRICIA
C/O GCM GROSVENOR INC.
900 NORTH MICHIGAN AVENUE, SUITE 1100
CHICAGO, IL 60611


Principal Accounting Officer

Signatures
/s/ Burke Montgomery, Attorney-in-Fact3/3/2023
**Signature of Reporting PersonDate


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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