V. Prem Watsa - Jan 3, 2022 Form 4 Insider Report for Crescent Capital BDC, Inc. (CCAP)

Role
10%+ Owner
Signature
/s/ V. Prem Watsa
Stock symbol
CCAP
Transactions as of
Jan 3, 2022
Transactions value $
-$2,130,068
Form type
4
Date filed
1/5/2022, 05:48 PM
Previous filing
Dec 29, 2021
Next filing
Jan 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCAP Common Stock Sale -$116K -6.47K -0.19% $18.00 3.33M Jan 3, 2022 See footnote F1, F4
transaction CCAP Common Stock Sale -$356K -19.8K -0.59% $18.00 3.31M Jan 4, 2022 See footnote F2, F4
transaction CCAP Common Stock Sale -$1.66M -92K -2.78% $18.01 3.22M Jan 5, 2022 See footnote F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares were sold by Allied World Assurance Company, Ltd., GmbH ("Allied World"), which is a wholly-owned subsidiary of Fairfax Financial Holdings Limited.
F2 The shares sold include 14,301 shares sold by Allied World and 5,494 shares sold by Brit Reinsurance (Bermuda) Limited - FAL ("Brit"), which is also a wholly-owned subsidiary of Fairfax Financial Holdings Limited.
F3 The shares sold include 66,482 shares sold by Allied World and 25,538 shares sold by Brit. This transaction was executed in multiple trades at prices ranging from $18.00 to $18.14. The price reported reflects the weighted average sale price. The reporting persons hereby undertake to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4 These securities are held by wholly-owned subsidiaries of Fairfax Financial Holdings Limited. Mr. Watsa is the CEO and controlling person of Fairfax Financial Holdings Limited through the other reporting persons. Each of the reporting persons disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), except to the extent of its or his pecuniary interest therein, if any. This report shall not be deemed an admission that any of the reporting persons is a beneficial owner for the purpose of Section 16 of the Exchange Act, or for any other purpose.