Form 4 for TCPC BlackRock TCP Capital Corp.
Accepted 2024-03-20 00:00:00 ET · period of report 2024-03-18 · accession 0000950172-24-000085 · 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 | 2024-03-20 | 2024-03-18 | TCPC | Singhal Nik | COO | A - Grant | — | +28.7K | 28.7K | New | — |
| DI | 2024-03-20 | 2024-03-18 | TCPC | Singhal Nik | COO | A - Grant | — | +2,769 | 2,769 | New | — |
| DM | 2024-03-20 | 2024-03-18 | TCPC | Singhal Nik | COO | A - Grant | — | +9,776 | 9,995 | +4,463% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-03-18 | A | A | 28,723 | — | 28,723 | D By spouse | — | — | (F2) Pursuant to the terms of the Merger Agreement, at the effective time of the Merger, each share of BCIC common stock (other than certain excluded shares) automatically converted into the right to receive 0.3834 validly issued, fully-paid and nonassessable shares of TCPC common stock. |
| 2 | Common | Common Stock | 2024-03-18 | A | A | 2,769 | — | 2,769 | I | — | — | (F2) Pursuant to the terms of the Merger Agreement, at the effective time of the Merger, each share of BCIC common stock (other than certain excluded shares) automatically converted into the right to receive 0.3834 validly issued, fully-paid and nonassessable shares of TCPC common stock. |
| 3 | Derivative | Phantom Shares | 2024-03-18 | A | A | 6,853.18 | — | 9,995 | D | — · — to — | 6,853.18 Common Stock | (F5) In connection with the Merger, each BCIC phantom share converted into 0.3651 TCPC phantom shares on substantially the same terms and conditions applicable to such BCIC awards. (F3) A phantom share is the economic equivalent of one share of common stock and, subject to the applicable vesting requirements, becomes payable in cash. (F6) These phantom shares are payable in cash on vesting, which occurs in three equal installments beginning on January 31, 2025. |
| 4 | Derivative | Phantom Shares | 2024-03-18 | A | A | 2,922.76 | — | 9,995 | D | — · — to — | 2,922.76 Common Stock | (F5) In connection with the Merger, each BCIC phantom share converted into 0.3651 TCPC phantom shares on substantially the same terms and conditions applicable to such BCIC awards. (F3) A phantom share is the economic equivalent of one share of common stock and, subject to the applicable vesting requirements, becomes payable in cash. (F4) These phantom shares are payable in cash on vesting, which occurs on January 31, 2025. |