Richard J. Byrne - Jan 24, 2024 Form 4 Insider Report for Franklin BSP Capital Corp (NONE)

Role: Chief Executive Officer, President and Chairman of the Board, Director
Signature: /s/ Richard J. Byrne
Stock symbol: NONE
Transactions as of: Jan 24, 2024
Transactions value $: $0
Form type: 4
Date filed: 1/26/2024, 02:07 PM
Previous filing: May 5, 2023
Next filing: Jan 30, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NONE	Common Stock	Award		+126K	+155.99%		207K	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.

Content

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.

Remarks:

Chief Executive Officer, President and Chairman of the Board