4//SEC Filing
Rees Michael Douglass 4
Accession 0001193125-25-202357
CIK 0001823945other
Filed
Sep 11, 8:00 PM ET
Accepted
Sep 12, 5:11 PM ET
Size
9.0 KB
Accession
0001193125-25-202357
Insider Transaction Report
Form 4
Rees Michael Douglass
DirectorCo-President
Transactions
- Gift
Class D Shares
2025-09-12−1,500,000→ 76,972,092 total(indirect: See Footnotes) - Gift
Blue Owl Operating Group Units
2025-09-12−1,500,000→ 76,972,092 total(indirect: See Footnotes)→ Class B Shares (1,500,000 underlying)
Footnotes (3)
- [F1]The reported transaction represents a gift/charitable donation of securities indirectly owned through Dyal Capital SLP LP ("Dyal SLP") 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 76,972,092 shares of Class D common stock ("Class D Shares") and an equal number of common units ("Blue Owl Operating Group Units") of Blue Owl Capital Holdings LP, a Delaware limited partnership ("Blue Owl Holdings"), associated with such Class D Shares, held directly by Dyal SLP, on behalf of Mr. Rees, his spouse and one or more entities controlled by him. Mr. Rees expressly disclaims beneficial ownership of the securities held by Dyal SLP 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 Third Amended and Restated Exchange Agreement, dated as of April 1, 2025, or (at the election of an exchange committee of the general partner of Blue Owl Holdings) 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 0001861792
Filing Metadata
- Form type
- 4
- Filed
- Sep 11, 8:00 PM ET
- Accepted
- Sep 12, 5:11 PM ET
- Size
- 9.0 KB