4//SEC Filing
Laurino Andrew Charles 4
Accession 0000899243-21-029685
CIK 0001823945other
Filed
Jul 22, 8:00 PM ET
Accepted
Jul 23, 4:30 PM ET
Size
12.5 KB
Accession
0000899243-21-029685
Insider Transaction Report
Form 4
Laurino Andrew Charles
Senior Managing Director
Transactions
- Conversion
CLASS D COMMON STOCK
2021-07-21+420,397→ 10,636,040 total(indirect: See Footnotes) - Conversion
BLUE OWL OPERATING GROUP UNITS
2021-07-21+420,397→ 10,636,040 total(indirect: See Footnotes)→ Class B common stock (420,397 underlying) - Conversion
SERIES E-1 SELLER EARNOUT UNITS
2021-07-21−420,397→ 0 total(indirect: See Footnotes)From: 2021-07-21Exp: 2021-07-21→ Class B common stock (420,397 underlying)
Footnotes (4)
- [F1]Pursuant to the terms of that certain Business Combination Agreement, dated as of December 23, 2020 (as the same has been amended, modified, supplemented or waived from time to time, the "Business Combination Agreement" or "BCA"), by and among Altimar Acquisition Corporation, Owl Rock Capital Group LLC, Owl Rock Capital Feeder LLC, Owl Rock Capital Partners LP and Neuberger Berman Group LLC, the reporting person became entitled to receive shares of Blue Owl Capital Inc.'s (the "Issuer") Class D common stock and an equal number of Blue Owl Operating Group Units issuable in respect of his Seller Earnout Units following the occurrence of a Triggering Event (as defined in the BCA).
- [F2]The first "Triggering Event" occurred when the volume weighted average share price equals or exceeds $12.50 per share for any 20 consecutive trading days following the Closing (as defined in the BCA).
- [F3]Consists of 10,636,040 shares of Class D common stock, and an equal number of Blue Owl Operating Group Units (as described in footnote (4)) held directly by Dyal Capital SLP LP ("Dyal SLP") on behalf of Mr. Laurino, his spouse or one or more entities controlled by him. Mr. Laurino expressly disclaims beneficial ownership of the securities held by Dyal SLP except to the extent of his pecuniary interest therein.
- [F4]Each Blue Owl Operating Group Unit (which consists of one common unit of Blue Owl Capital Carry LP and one common unit of Blue Owl Capital Holdings LP), upon the cancellation of an equal number of shares of Class D common stock, may be exchanged from time to time for an equal number of newly issued shares of Class B common stock, subject to any applicable transfer restrictions and the terms of the Exchange Agreement, dated as of May 19, 2021, or (at the election of an exchange committee of the general partner of the Blue Owl Operating Group) a cash payment equal to the five-day volume weighted average price of shares of Class A common stock immediately prior to the applicable exchange date. Blue Owl Operating Group Units do not expire.
Documents
Issuer
BLUE OWL CAPITAL INC.
CIK 0001823945
Entity typeother
Related Parties
1- filerCIK 0001861447
Filing Metadata
- Form type
- 4
- Filed
- Jul 22, 8:00 PM ET
- Accepted
- Jul 23, 4:30 PM ET
- Size
- 12.5 KB