Leslie D. Michelson - Jan 24, 2024 Form 4 Insider Report for Franklin BSP Capital Corp (NONE)

Role
Director
Signature
/s/ Nina K. Baryski, attorney-in-fact
Stock symbol
NONE
Transactions as of
Jan 24, 2024
Transactions value $
$0
Form type
4
Date filed
1/26/2024, 02:04 PM
Previous filing
Sep 13, 2023
Next filing
Jun 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NONE Common Stock Award +8.56K 8.56K Jan 24, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Acquired upon the completion of, and pursuant to the transactions contemplated by, the Agreement and Plan of Merger, dated as of October 2, 2023, by and among Franklin BSP Capital Corporation, a Delaware corporation ("FBCC"), Franklin BSP Lending Corporation, a Maryland corporation ("FBLC"), Franklin BSP Merger Sub, Inc., a Maryland corporation, and Franklin BSP Capital Adviser L.L.C., a Delaware limited liability company (the "Merger Agreement"), in respect of shares of FBLC's common stock, par value $0.001 per share, previously held by the Reporting Person. Pursuant to the Merger Agreement, each share of FBLC's common stock was converted into the right to receive 0.4647 shares of FBCC's common stock, par value $0.001 per share. The acquisition reported in this Form 4 is an exempt transaction.