Maureen Usifer - Mar 18, 2024 Form 4 Insider Report for BlackRock TCP Capital Corp. (TCPC)

Role
Director
Signature
/s/ Laurence Paredes as Attorney-in-Fact
Stock symbol
TCPC
Transactions as of
Mar 18, 2024
Transactions value $
$0
Form type
4
Date filed
3/20/2024, 02:54 PM
Previous filing
Mar 12, 2024
Next filing
Jun 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TCPC Common Stock Award +21K 21K Mar 18, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects securities acquired pursuant to the terms of a certain Amended and Restated Agreement and Plan of Merger, dated as of January 10, 2024 ("Merger Agreement"), entered into by and among Blackrock TCP Capital Corp. ("TCPC"), BlackRock Capital Investment Corporation (the "BCIC"), BCIC Merger Sub, LLC, an indirect wholly-owned subsidiary of TCPC ("Merger Sub"), and, solely for limited purposes, BlackRock Capital Investment Advisors, LLC ("BCIA") and Tennenbaum Capital Partners, LLC, a wholly-owned subsidiary of BCIA. On March 18, 2024, in accordance with the Merger Agreement, BCIC merged with and into Merger Sub, with Merger Sub surviving as an indirect wholly-owned subsidiary of TCPC (the "Merger").
F2 Pursuant to the terms of the Merger Agreement, at the effective time of the Merger, each share of BCIC common stock (other than certain excluded shares) automatically converted into the right to receive 0.3834 validly issued, fully-paid and nonassessable shares of TCPC common stock.