InsiderTrades

Form 4 for CCIF Carlyle Credit Income Fund

Accepted 2023-08-30 00:00:00 ET · period of report 2023-08-28 · accession 0000899243-23-018608 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X Filed Traded Ticker Insider Title Type Price Qty Owned ΔOwn Value
D 2023-08-30 2023-08-28 CCIF Carlyle Holdings I GP Sub L.L.C. 10% P - Purchase $8.30 +3.01M 3.01M New +$25.00M
DI 2023-08-30 2023-08-28 CCIF Carlyle Holdings I GP Sub L.L.C. 10% P - Purchase $8.30 +504.0K 504.0K New +$4.18M
DI 2023-08-30 2023-08-28 CCIF Carlyle Holdings I GP Sub L.L.C. 10% P - Purchase $8.30 +1.30M 1.30M New +$10.82M

Purchase Sale Sale after option exercise All abbreviations

Every reported transaction

#TableSecurityDateCodeA/DSharesPriceOwned afterOwnExercise / expiryUnderlyingFootnotes
1 Common Shares of Beneficial Interest 2023-08-28 P A 3,012,049 $8.30 3,012,049 D See footnotes — — (F1) On July 18, 2023, CG Subsidiary Holdings, L.L.C. ("CG Sub Holdings"), commenced a tender offer (as amended and supplemented from time to time, the "Tender Offer") to purchase up to $25,000,006.70 in value of outstanding shares of beneficial interest in the Issuer (the "Shares"). The Tender Offer expired at 11:59 P.M., New York City time, on August 28, 2023 (the "Expiration Date"). A total of approximately 7,477,489 Shares were validly tendered and not withdrawn in connection with the Tender Offer. CG Sub Holdings accepted for purchase 3,012,049 of such Shares. The price per Share paid by CG Sub Holdings was $8.30 (the "Offer Price"), which equaled the net asset value per Share on August 14, 2023 and calculated on the following day. (F4) The Carlyle Group Inc., which is a publicly traded entity listed on Nasdaq, is the sole shareholder of Carlyle Holdings I GP Inc., which is the sole member of Carlyle Holdings I GP Sub L.L.C., which is the general partner of Carlyle Holdings I L.P., which, with respect to the securities reported herein, is the managing member of CG Sub Holdings (each of the foregoing entities, the "Carlyle Entities"). Each of the Carlyle Entities may be deemed to share beneficial ownership of the securities beneficially owned by CG Sub Holdings. Each of them disclaims beneficial ownership of such securities, except to the extent of their pecuniary interest therein. (F2) In connection with the Tender Offer and related transactions, CG Sub Holdings will purchase an additional 504,042 Shares from existing shareholders of the Issuer for the Offer Price. Such purchase is expected to close on September 12, 2023.
2 Common Shares of Beneficial Interest 2023-08-28 P A 504,042 $8.30 504,042 I — —
3 Derivative Contract to Purchase 2023-08-28 P A 1,303,187 $8.30 1,303,187 I See footnotes $8.30 · 2023-09-12 to 2023-09-12 1,303,187 Shares of Beneficial Interest (F3) In connection with the Tender Offer and related transactions, CG Sub Holdings will purchase an additional number of newly issued Shares from the Issuer at a price equal to the greater of the Offer Price and the net asset value per Share on September 12, 2023 for a total purchase price of $10,816,451.40. The number of Shares reflected above is calculated assuming such purchase occurs at the Offer Price. To the extent the purchase price is greater than the Offer Price, a fewer number of Shares will be purchased. (F4) The Carlyle Group Inc., which is a publicly traded entity listed on Nasdaq, is the sole shareholder of Carlyle Holdings I GP Inc., which is the sole member of Carlyle Holdings I GP Sub L.L.C., which is the general partner of Carlyle Holdings I L.P., which, with respect to the securities reported herein, is the managing member of CG Sub Holdings (each of the foregoing entities, the "Carlyle Entities"). Each of the Carlyle Entities may be deemed to share beneficial ownership of the securities beneficially owned by CG Sub Holdings. Each of them disclaims beneficial ownership of such securities, except to the extent of their pecuniary interest therein.