Public Institution for Social Security - Jun 15, 2023 Form 4 Insider Report for BlackRock Direct Lending Corp. (NONE)

Role
10%+ Owner
Signature
THE PUBLIC INSTITUTION FOR SOCIAL SECURITY, By: /s/ Ricardo Davidovich, Name: Ricardo Davidovich, Title: Authorized Signatory
Stock symbol
NONE
Transactions as of
Jun 15, 2023
Transactions value $
$14,986,663
Form type
4
Date filed
6/20/2023, 08:00 PM
Previous filing
Apr 4, 2023
Next filing
Sep 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NONE Common Stock, $0.001 par value Exercise of in-the-money or at-the-money derivative security $15M +1.42M +7.36% $10.53* 20.8M Jun 15, 2023 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

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 -1.42M -100% 0 Jun 15, 2023 Common Stock 1.42M $10.53 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 15, 2023, BlackRock Direct Lending Corp., a Delaware corporation (the "Issuer") issued 1,423,234.8898 of its shares of common stock, $0.001 par value per share to The Public Institution for Social Security ("PIFSS") 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 PIFSS and the Issuer.
F2 The reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that the 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. The reporting person disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of the reporting person in such securities.

Remarks:

Exhibit Index Exhibit 24.1 - Power of Attorney (incorporated by reference to Exhibit 24.1 to the Form 3 filed on February 8, 2021)