Owl Rock Capital Feeder LLC - 14 May 2025 Form 4 Insider Report for BLUE OWL CAPITAL INC. (OWL)

Role
Other*, 10%+ Owner
Signature
Owl Rock Capital Feeder LLC, By: /s/ Alan J. Kirshenbaum, Its: Authorized Signatory
Issuer symbol
OWL
Transactions as of
14 May 2025
Net transactions value
$0
Form type
4
Filing time
16 May 2025, 21:00:05 UTC
Previous filing
03 Mar 2025
Next filing
02 Jun 2025
SEC
View on sec.gov

Reporting Owners (2)

Name Relationship Address Signature Signature date CIK
Owl Rock Capital Feeder LLC Other*, 10%+ Owner 399 PARK AVENUE, 37TH FLOOR, NEW YORK Owl Rock Capital Feeder LLC, By: /s/ Alan J. Kirshenbaum, Its: Authorized Signatory 16 May 2025 0001862510
Owl Rock Capital Partners LP Other*, 10%+ Owner 399 PARK AVENUE, 37TH FLOOR, NEW YORK Owl Rock Capital Partners LP, By: /s/ Alan J. Kirshenbaum, Its: Authorized Signatory 16 May 2025 0001862535

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OWL Class C Shares Other -20,000,000 -30% 46,773,794 14 May 2025 See Footnote 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 OWL Blue Owl Operating Group Units Other -20,000,000 -30% 46,773,794 14 May 2025 Class A Shares 20,000,000 See Footnote F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 14, 2025, 20,000,000 shares of Class C Common Stock of the Issuer ("Class C Shares") and an equal number of Blue Owl Operating Group Units (as defined below) were distributed by Owl Rock Capital Feeder LLC, a Delaware limited liability company ("Owl Rock Feeder"), to Dyal Capital Partners IV Holdings (A) LP, a Delaware limited partnership ("Dyal IV"), for no consideration.
F2 Consists of 46,773,794 Class C Shares and an equal number of Blue Owl Operating Group Units held directly by Owl Rock Feeder on behalf of Dyal IV. Owl Rock Capital Partners LP, a Delaware limited partnership ("Owl Rock Capital Partners"), is the managing member of Owl Rock Feeder. Owl Rock Capital Partners is managed by its general partner, Owl Rock Capital Partners (GP) LLC, a Delaware limited liability company, which is governed by an executive committee comprised of Messrs. Douglas Ostrover, Marc Lipschultz and Craig Packer with decisions over certain matters requiring the vote of Mr. Ostrover. Each of the foregoing and their affiliates expressly disclaim beneficial ownership of the securities held by Owl Rock Feeder except to the extent of their respective pecuniary interests therein.
F3 Each Blue Owl Operating Group Unit, which consists of one common unit of Blue Owl Capital Holdings LP, a Delaware limited partnership ("Blue Owl Holdings"), upon the cancellation of an equal number of shares of Class D Common Stock of the Issuer (the "Class D Shares") or Class C Shares, as applicable, may be exchanged from time to time for an equal number of newly issued shares of Class B Common Stock of the Issuer (the "Class B Shares") or Class A Common Stock of the Issuer ("Class A Shares"), as applicable, subject to any applicable transfer restrictions and the terms of the Third Amended & Restated Exchange Agreement, dated as of April 1, 2025, or (at the election of an exchange committee of the general partner of Blue Owl Holdings) a cash payment equal to the five-day volume weighted average price of the Class A Shares immediately prior to the applicable exchange date. Blue Owl Operating Group Units do not expire.

Remarks:

Douglas Ostrover is a director of the Issuer and indirectly controls Owl Rock Feeder and Owl Rock Capital Partners. On the basis of the relationship between Owl Rock Feeder, Owl Rock Capital Partners and Mr. Ostrover, each of Owl Rock Feeder and Owl Rock Capital Partners may be subject to Section 16 of the Securities Exchange Act of 1934, as amended, as if it were a director of the Issuer.