4//SEC Filing
Singhal Nik 4
Accession 0000950172-24-000085
CIK 0001370755other
Filed
Mar 19, 8:00 PM ET
Accepted
Mar 20, 6:41 PM ET
Size
12.2 KB
Accession
0000950172-24-000085
Insider Transaction Report
Form 4
Singhal Nik
Chief Operating Officer
Transactions
- Award
Common Stock
2024-03-18+28,723→ 28,723 total - Award
Common Stock
2024-03-18+2,769→ 2,769 total(indirect: By Spouse) - Award
Phantom Shares
2024-03-18+2,922.76→ 9,995 total→ Common Stock (2,922.76 underlying) - Award
Phantom Shares
2024-03-18+6,853.18→ 9,995 total→ Common Stock (6,853.18 underlying)
Footnotes (6)
- [F1]Reflects securities acquired pursuant to the terms of a certain Amended and Restated Agreement and Plan of Merger, dated as of January 10, 2024 ("Merger Agreement"), entered into by and among Blackrock TCP Capital Corp. ("TCPC"), BlackRock Capital Investment Corporation (the "BCIC"), BCIC Merger Sub, LLC, an indirect wholly-owned subsidiary of TCPC ("Merger Sub"), and, solely for limited purposes, BlackRock Capital Investment Advisors, LLC ("BCIA") and Tennenbaum Capital Partners, LLC, a wholly-owned subsidiary of BCIA. On March 18, 2024, in accordance with the Merger Agreement, BCIC merged with and into Merger Sub, with Merger Sub surviving as an indirect wholly-owned subsidiary of TCPC (the "Merger").
- [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.
- [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.
- [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.
- [F6]These phantom shares are payable in cash on vesting, which occurs in three equal installments beginning on January 31, 2025.
Documents
Issuer
BlackRock TCP Capital Corp.
CIK 0001370755
Entity typeother
Related Parties
1- filerCIK 0001831302
Filing Metadata
- Form type
- 4
- Filed
- Mar 19, 8:00 PM ET
- Accepted
- Mar 20, 6:41 PM ET
- Size
- 12.2 KB