4//SEC Filing
LIPSCHULTZ MARC S 4
Accession 0000950170-24-106573
CIK 0001823945other
Filed
Sep 12, 8:00 PM ET
Accepted
Sep 13, 8:30 PM ET
Size
9.2 KB
Accession
0000950170-24-106573
Insider Transaction Report
Form 4
LIPSCHULTZ MARC S
DirectorCo-Chief Executive Officer
Transactions
- Gift
Class D Shares
2024-09-13−400,000→ 57,695,038 total(indirect: See Footnotes) - Gift
Blue Owl Operating Group Units
2024-09-13−400,000→ 57,695,038 total(indirect: See Footnotes)→ Class B Shares (400,000 underlying)
Footnotes (3)
- [F1]The reported transaction represents a gift/charitable donation of securities indirectly owned through Owl Rock Capital Feeder LLC ("Owl Rock Feeder") that were distributed to the reporting person and donated to National Philanthropic Trust, a Pennsylvania non-profit corporation, to be held in a donor-advised fund.
- [F2]Consists of an aggregate of 57,695,038 shares of Class D common stock ("Class D Shares") and an equal number of Blue Owl Operating Group Units (which consists of one common unit of Blue Owl Capital Carry LP and one common unit of Blue Owl Capital Holdings LP) associated with such Class D Shares, held directly by Owl Rock Feeder, 37.98% of which is held on behalf of Mr. Lipschultz; 42.00% of which are held on behalf of Lipschultz Family OR Trust over which Mr. Lipschultz has sole investment and voting power; and 20.02% of which are held on behalf of Mr. Lipschultz's spouse, Jennifer Lipschultz. Mr. Lipschultz expressly disclaims beneficial ownership of the securities held by Owl Rock Feeder except to the extent of his pecuniary interest therein.
- [F3]Each Blue Owl Operating Group Unit, upon the cancellation of an equal number of Class D Shares, may be exchanged from time to time for an equal number of newly issued shares of Class B common stock ("Class B Shares"), subject to any applicable transfer restrictions and the terms of the Second Amended and Restated Exchange Agreement, dated as of February 21, 2024, 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 0001081717
Filing Metadata
- Form type
- 4
- Filed
- Sep 12, 8:00 PM ET
- Accepted
- Sep 13, 8:30 PM ET
- Size
- 9.2 KB