August Daniel Worrell - Jan 31, 2025 Form 4 Insider Report for BlackRock TCP Capital Corp. (TCPC)

Role
Co-Chief Investment Officer
Signature
/s/ Diana Huffman, as attorney-in-fact
Stock symbol
TCPC
Transactions as of
Jan 31, 2025
Transactions value $
$0
Form type
4
Date filed
2/6/2025, 08:05 PM
Previous filing
Nov 29, 2024
Next filing
Feb 21, 2025
SEC
View on sec.gov

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 TCPC Phantom Shares Options Exercise -6.78K -18.13% 30.6K Jan 31, 2025 Common Stock 6.78K Direct F1, F2
transaction TCPC Phantom Shares Options Exercise -10.2K -33.33% 20.4K Jan 31, 2025 Common Stock 10.2K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 A phantom share is the economic equivalent of one share of common stock and, subject to the applicable vesting requirements, becomes payable in cash.
F2 The Reporting Person was granted phantom shares on January 31, 2022 payable in cash upon vesting pursuant to the Issuer's Involuntary Deferred Compensation Plan, which occurred in equal installments on each of the first three anniversaries of the grant date.
F3 The Reporting Person was granted phantom shares on January 31, 2024 payable in cash upon vesting pursuant to the Issuer's Involuntary Deferred Compensation Plan, which occurs in equal installments on each of the first three anniversaries of the grant date.