Silvercrest Asset Management Group Inc.

05/02/2024 | Press release | Distributed by Public on 05/02/2024 17:28

Statement of Changes in Beneficial Ownership - Form 4

Ownership Submission
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 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
Long Path Smaller Companies Fund, LP
2. Issuer Name and Ticker or Trading Symbol
Silvercrest Asset Management Group Inc. [SAMG]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
1 LANDMARK SQUARE , SUITE 1920
3. Date of Earliest Transaction (Month/Day/Year)
(Street)
STAMFORD CT 06901
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Join/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code 4. Securities Acquired (A) or Disposed of (D) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) 6. Ownership Form: Direct (D) or Indirect (I) 7. Nature of Indirect Beneficial Ownership
Code V Amount (A) or (D) Price
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code 5. Number of Derivative Securities Acquired (A) or Disposed of (D) 6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security 8. Price of Derivative Security 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) 11. Nature of Indirect Beneficial Ownership
Code V (A) (D) Date Exercisable Expriation Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Long Path Smaller Companies Fund, LP
1 LANDMARK SQUARE
SUITE 1920
STAMFORD, CT06901

X
Long Path Fund GP, LLC
1 LANDMARK SQUARE
SUITE 1920
STAMFORD, CT06901

X
Long Path Partners LP
1 LANDMARK SQUARE
SUITE 1920
STAMFORD, CT06901

X

Signatures

LONG PATH SMALLER COMPANIES FUND, LP, By: LONG PATH FUND GP, LLC, By: /s/ William Thomas Brennan, William Thomas Brennan, Managing Member 2024-05-02
**Signature of Reporting Person Date
LONG PATH FUND GP, LLC, By: /s/ William Thomas Brennan, William Thomas Brennan, Managing Member 2024-05-02
**Signature of Reporting Person Date
LONG PATH PARTNERS, LP, By: LONG PATH HOLDINGS LLC, By: /s/ William Thomas Brennan, William Thomas Brennan, Managing Member 2024-05-02
**Signature of Reporting Person Date

Explanation of Responses:

(*) If the form is filed by more than one reporting person, see Instruction 5(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).
(1) The reported securities are owned directly by Long Path Smaller Companies Fund, LP (the "Fund"), a private investment fund managed by Long Path Partners, LP (the "Adviser"), and may be deemed to be indirectly beneficially owned by (i) the Adviser, (ii) Long Path Holdings LLC (the "Adviser GP"), the general partner of the Adviser, (iii) Long Path Fund GP, LLC (the "Fund GP"), the general partner of the Fund, (iv) William Thomas Brennan, the managing member of the Adviser GP and the Fund GP and co-portfolio manager of the Fund, and (v) Brian Paul Nelson, the co-portfolio manager of the Fund and a partner of the Adviser GP. Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of its or his pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
(2) The price reported in Column 4 is a weighted average price. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer 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 range set forth in this footnote.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.