| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | NONE | Common Stock, par value $0.01 per share | Exercise of in-the-money or at-the-money derivative security | +858K | +27.93% | 3.93M | Sep 24, 2021 | By ORCC III Warehouse L.L.C. | F1, F3, F4, F5 | ||
| transaction | NONE | Common Stock, par value $0.01 per share | Exercise of in-the-money or at-the-money derivative security | +975K | +27.93% | 4.47M | Sep 24, 2021 | By ORCC III Investors L.L.C. | F2, F3, F4, F5 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | NONE | Obligation to Buy | Exercise of in-the-money or at-the-money derivative security | -858K | -100% | 0 | Sep 24, 2021 | Common Stock | 858K | $15.13 | By ORCC III Warehouse L.L.C. | F1, F3, F4, F5 | ||
| transaction | NONE | Obligation to Buy | Exercise of in-the-money or at-the-money derivative security | -975K | -100% | 0 | Sep 24, 2021 | Common Stock | 975K | $15.13 | By ORCC III Investors L.L.C. | F2, F3, F4, F5 |
| Id | Content |
|---|---|
| F1 | On September 24, 2021, Owl Rock Capital Corporation III, a Maryland corporation (the "Issuer") issued 857,721.631 of its shares of common stock, par value $0.01 per share to ORCC III Warehouse L.L.C., a Delaware limited liability company ("ORCC III Warehouse") in connection with a mandatory capital call made by the Issuer pursuant to the terms and conditions of the Subscription Agreement previously entered into between ORCC III Warehouse and the Issuer. |
| F2 | On September 24, 2021, the Issuer issued 974,809.301 of its shares of common stock, par value $0.01 per share to ORCC III Investors L.L.C., a Delaware limited liability company ("ORCC III Investors", and together with ORCC III Warehouse, the "Funds") in connection with a mandatory capital call made by the Issuer pursuant to the terms and conditions of the Subscription Agreement previously entered into between ORCC III Investors and the Issuer. |
| F3 | This Form 4 is being jointly filed by and on behalf of each of the Funds, Oak Lawn Direct Investors GP, L.L.C., a Delaware limited liability company ("Oak Lawn"), CH Investment Partners, L.L.C., a Delaware limited liability company ("CHIP"), I35 Advisors, Inc., a Texas corporation ("I35"), Kirk L. Rimer and Michael R. Silverman. The Funds are the record and direct beneficial owners of the securities covered by this statement. Oak Lawn is the managing member of, and may be deemed to beneficially own securities owned by, the Funds. |
| F4 | CHIP serves as the investment manager to the Funds and has been granted exclusive investment discretion and investment management authority with respect to the Funds and its investments, including the securities covered by this statement, but CHIP generally must seek voting instructions from the members of the Funds and vote in accordance with such instructions. I35 is the manager of, and may be deemed to beneficially own securities beneficially owned by, Oak Lawn. Michael Silverman and Kirk Rimer serve as Co-Presidents of I35, and may be deemed to beneficially own securities beneficially owned by, I35. |
| F5 | Each reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such reporting person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended or otherwise, the beneficial owner of any securities covered by this statement. Each reporting person disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such reporting person in such securities. |
Exhibit Index Exhibit 24.1 - Power of Attorney (incorporated by reference to Exhibit 24.1 to the Form 4 filed on January 4, 2021).