BlackRock Capital Investment (BKCC) president Singhal returned to the company 82,143.24 shares

Insider transactions reported

Nik Singhal (President at BlackRock Capital Investment Corporation, BKCC) reported that they returned to the company 82,143.24 shares on Mar 18, 2024. After these transactions the filing shows 0 shares held directly and 0 shares held indirectly (By spouse).

Reporting person

Singhal Nik

Role

President

Options and other derivatives

Holdings before and after

• Common Stock: 74,918.452 to 0 direct
• Common Stock: 7,224.792 to 0 indirect, By spouse
• Phantom Shares: 8,005.83 to 0 direct

Footnotes from the filing

1. 1. On March 18, 2024, Blackrock TCP Capital Corp. ( TCPC ) acquired BlackRock Capital Investment Corporation (the Issuer ) pursuant to an Amended and Restated Agreement and Plan of Merger, dated as of January 10, 2024, entered into by and among the TCPC, the Issuer, 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. In accordance with the Merger Agreement, the Issuer merged with and into Merger Sub, with Merger Sub surviving such merger as an indirect wholly-owned subsidiary of TCPC (the Merger ).
2. 2. At the effective time of the Merger, each outstanding share of the Issuer 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.
3. 3. A phantom share is the economic equivalent of one share of common stock and, subject to the applicable vesting requirements, becomes payable in cash.
4. 4. As previously reported on a Form 4 dated February 2, 2022, the Reporting Person was granted phantom shares on January 31, 2022 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date.
5. 5. In connection with the Merger, each Issuer phantom share converted into 0.3651 TCPC phantom shares on substantially the same terms and conditions as the Issuer award.

Transaction codes in this filing

Sale back to the company:

Code D marks a disposition back to the company under an exempt plan, as opposed to a sale in the market.

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