Watsa V Prem Et al - 11 Jan 2022 Form 4 Insider Report for Crescent Capital BDC, Inc. (CCAP)

Role
10%+ Owner
Signature
/s/ V. Prem Watsa
Issuer symbol
CCAP
Transactions as of
11 Jan 2022
Net transactions value
-$1,546,099
Form type
4
Filing time
12 Jan 2022, 20:12:22 UTC
Previous filing
10 Jan 2022
Next filing
01 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCAP Common Stock Sale $588,468 -32,548 -1% $18.08 3,113,354 11 Jan 2022 See footnote F1, F2, F4
transaction CCAP Common Stock Sale $957,632 -52,675 -1.7% $18.18 3,060,679 12 Jan 2022 See footnote F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Watsa V Prem Et al is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $18.04 to $18.14. The shares sold include 23,515 shares sold by Allied World Assurance Company, Ltd., GmbH ("Allied World") and 9,033 shares sold by Brit Reinsurance (Bermuda) Limited - FAL ("Brit"), which are both subsidiaries of Fairfax Financial Holdings Limited.
F2 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.
F3 This transaction was executed in multiple trades at prices ranging from $18.14 to $18.31. The shares sold include 38,056 shares sold by Allied World and 14,619 shares sold by Brit.
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.