Key facts
- This page summarizes Marc S. Lipschultz's Form 4 filing for BLUE OWL CAPITAL INC. (OWL).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 13 Sep 2024, 20:30.
Marc S. Lipschultz - 13 Sep 2024 Form 4 Insider Report for BLUE OWL CAPITAL INC. (OWL)
- Reporting relationship
- Co-Chief Executive Officer, Director
- Issuer ticker
- OWL
- Reported as of
- 13 Sep 2024
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 13 Sep 2024, 20:30:09 UTC
- Prior SEC filing
- 12 Aug 2024
- Next SEC filing
- 08 Nov 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Neena A. Reddy, as Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Marc S. Lipschultz filed Form 4 for BLUE OWL CAPITAL INC. (OWL) on 13 Sep 2024.
Change
- Previous filing in this sequence was filed on 12 Aug 2024.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
OWL
transaction
Class D Shares
Gift
- Transaction value
- Shares
- -400,000
- Change %
- -0.69%
- Price
- Shares after
- 57,695,038
- Date
- 13 Sep 2024
- Ownership
- See Footnotes
- Footnotes
- F1, F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
OWL
transaction
Derivative
Blue Owl Operating Group Units
Gift
- Transaction value
- Shares
- -400,000
- Change %
- -0.69%
- Price
- Shares after
- 57,695,038
- Date
- 13 Sep 2024
- Ownership
- See Footnotes
- Underlying class
- Class B Shares
- Underlying amount
- 400,000
- Exercise price
- Footnotes
- F1, F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
The reported transaction represents a gift/charitable donation of securities indirectly owned through Owl Rock Capital Feeder LLC ("Owl Rock Feeder") that were distributed to the reporting person and donated to National Philanthropic Trust, a Pennsylvania non-profit corporation, to be held in a donor-advised fund.
Footnote F2
Consists of an aggregate of 57,695,038 shares of Class D common stock ("Class D Shares") and an equal number of Blue Owl Operating Group Units (which consists of one common unit of Blue Owl Capital Carry LP and one common unit of Blue Owl Capital Holdings LP) associated with such Class D Shares, held directly by Owl Rock Feeder, 37.98% of which is held on behalf of Mr. Lipschultz; 42.00% of which are held on behalf of Lipschultz Family OR Trust over which Mr. Lipschultz has sole investment and voting power; and 20.02% of which are held on behalf of Mr. Lipschultz's spouse, Jennifer Lipschultz. Mr. Lipschultz expressly disclaims beneficial ownership of the securities held by Owl Rock Feeder except to the extent of his pecuniary interest therein.
Footnote F3
Each Blue Owl Operating Group Unit, upon the cancellation of an equal number of Class D Shares, may be exchanged from time to time for an equal number of newly issued shares of Class B common stock ("Class B Shares"), subject to any applicable transfer restrictions and the terms of the Second Amended and Restated Exchange Agreement, dated as of February 21, 2024, or (at the election of an exchange committee of the general partner of the Blue Owl Operating Group) a cash payment equal to the five-day volume weighted average price of shares of Class A common stock immediately prior to the applicable exchange date. Blue Owl Operating Group Units do not expire.
SEC remarks
The reported amounts do not include Blue Owl Operating Group Units associated with the Issuer's Class C common stock beneficially owned by the reporting person, as they represent a different class of security from the Blue Owl Operating Group Units associated with the Issuer's Class D Shares reported in this statement.