MICHELSON LESLIE D 4
4 · Franklin BSP Lending Corp · Filed Jan 26, 2024
Insider Transaction Report
Form 4
MICHELSON LESLIE D
Director
Transactions
- Disposition to Issuer
Common Stock
2024-01-24−18,418→ 0 total
Footnotes (1)
- [F1]Disposed of upon the completion of, and pursuant to the transactions contemplated by, the Agreement and Plan of Merger, dated as of October 2, 2023, by and among Franklin BSP Capital Corporation, a Delaware corporation ("FBCC"), Franklin BSP Lending Corporation, a Maryland corporation ("FBLC"), Franklin BSP Merger Sub, Inc., a Maryland corporation, and Franklin BSP Capital Adviser L.L.C., a Delaware limited liability company (the "Merger Agreement"). Pursuant to the Merger Agreement, each share of FBLC's common stock, par value $0.001 per share, was converted into the right to receive 0.4647 shares of FBCC's common stock, par value $0.001 per share.