4//SEC Filing
Augustine Patsy Joseph 4
Accession 0001104659-21-128533
CIK 0001562528other
Filed
Oct 20, 8:00 PM ET
Accepted
Oct 21, 5:15 PM ET
Size
6.2 KB
Accession
0001104659-21-128533
Insider Transaction Report
Form 4
Augustine Patsy Joseph
Director
Transactions
- Award
Common Stock
2021-10-19+5,250→ 5,250 total
Footnotes (2)
- [F1]On October 19, 2021, pursuant to the certain Agreement and Plan of Merger, dated as of July 25, 2021, as amended pursuant to that certain First Amendment to Agreement and Plan of Merger, dated as of September 22, 2021 (as amended, the "Merger Agreement"), by and among the Issuer, Rodeo Sub I, LLC ("Merger Sub"), Capstead Mortgage Corporation ("Capstead") and, solely for the purposes set forth therein, Benefit Street Partners L.L.C., Capstead merged with and into Merger Sub (the "Merger"), with Merger Sub surviving the Merger as a wholly owned subsidiary of the Issuer. At the effective time of the merger, each share of Capstead common stock outstanding immediately prior to the effective time was converted into the right to receive 0.3288 shares of the Issuer's common stock as well as aggregate cash consideration of $0.94 per share.
- [F2]Received in exchange for 15,970 shares of Capstead's common stock in the Merger. The closing price of Capstead's common stock on the day before the effective date of the Merger was $6.50, and the closing price of the Issuer's common stock on the effective date of the Merger was $17.10.
Documents
Issuer
Franklin BSP Realty Trust, Inc.
CIK 0001562528
Entity typeother
Related Parties
1- filerCIK 0001821475
Filing Metadata
- Form type
- 4
- Filed
- Oct 20, 8:00 PM ET
- Accepted
- Oct 21, 5:15 PM ET
- Size
- 6.2 KB