Richard J. Byrne - 24 Jan 2024 Form 4 Insider Report for Franklin BSP Capital Corp (NONE)

Role
Chief Executive Officer, President and Chairman of the Board, Director
Signature
/s/ Richard J. Byrne
Issuer symbol
NONE
Transactions as of
24 Jan 2024
Net transactions value
$0
Form type
4
Filing time
26 Jan 2024, 14:07:05 UTC
Previous filing
05 May 2023
Next filing
30 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NONE Common Stock Award +126,354 +156% 207,357 24 Jan 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Acquired upon the completion of, and pursuant to the transactions contemplated by, the Agreement and Plan of Merger, dated as of October 2, 2023, by and among Franklin BSP Capital Corporation, a Delaware corporation ("FBCC"), Franklin BSP Lending Corporation, a Maryland corporation ("FBLC"), Franklin BSP Merger Sub, Inc., a Maryland corporation, and Franklin BSP Capital Adviser L.L.C., a Delaware limited liability company (the "Merger Agreement"), in respect of shares of FBLC's common stock, par value $0.001 per share, previously held by the Reporting Person. Pursuant to the Merger Agreement, each share of FBLC's common stock was converted into the right to receive 0.4647 shares of FBCC's common stock, par value $0.001 per share. The acquisition reported in this Form 4 is an exempt transaction.

Remarks:

Chief Executive Officer, President and Chairman of the Board