Owl Rock Capital Feeder LLC - 02 Jun 2025 Form 4 Insider Report for BLUE OWL CAPITAL INC. (OWL)

Role
Other*, 10%+ Owner
Signature
Owl Rock Capital Feeder LLC, By: /s/ Alan Kirshenbaum Its: Authorized Signatory
Issuer symbol
OWL
Transactions as of
02 Jun 2025
Net transactions value
$0
Form type
4
Filing time
02 Jun 2025, 17:43:13 UTC
Previous filing
16 May 2025
Next filing
02 Sep 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 Kirshenbaum Its: Authorized Signatory 02 Jun 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 Kirshenbaum Its: Authorized Signatory 02 Jun 2025 0001862535

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OWL Class D Shares Other -300,000 -0.17% 171,504,846 02 Jun 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 -300,000 -0.17% 171,504,846 02 Jun 2025 Class B Shares 300,000 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 The reported transaction is a disposition by Owl Rock Capital Feeder LLC ("Owl Rock Feeder") to certain Owl Rock Principals (as defined below) for no consideration of shares of Blue Owl Capital Inc.'s (the "Issuer") Class D common stock ("Class D Shares") and an equal number of common units ("Blue Owl Operating Group Units") of Blue Owl Capital Holdings LP, a Delaware limited partnership ("Blue Owl Holdings").
F2 Consists of an aggregate of 171,504,846 Class D Shares and an equal number of Blue Owl Operating Group Units held directly by Owl Rock Feeder on behalf of (i) Messrs. Douglas Ostrover, Marc Lipschultz, Alan Kirshenbaum and Craig Packer, their respective spouses and vehicles controlled by them (collectively, the "Owl Rock Principals") and (ii) certain non-controlled vehicles associated with the Owl Rock Principles ("Non-Controlled Entities"). Owl Rock Capital Partners LP ("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, which is governed by an executive committee comprised of Messrs. Ostrover, Lipschultz and Packer with certain decisions requiring the vote of Mr. Ostrover. Each of the Owl Rock Principals expressly disclaim beneficial ownership of the reported securities except to the extent of their respective pecuniary interests therein.
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 the Issuer's Class B common stock ("Class B Shares"), respectively, subject to any applicable transfer restrictions and the terms of the Third Amended and 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 Issuer's Class A common stock 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 1934 Act as if it were a director of Issuer.