Lawrence E. Golub - May 19, 2022 Form 4 Insider Report for Golub Capital BDC 3, Inc. (NONE)

Role
Chairman, Director
Signature
/s/ Lawrence E. Golub
Stock symbol
NONE
Transactions as of
May 19, 2022
Transactions value $
$119,077
Form type
4
Date filed
5/23/2022, 12:42 PM
Previous filing
May 18, 2022
Next filing
May 31, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NONE Common Stock, par value $0.001 per share Purchase $114K +8.01K +0.46% $14.25 1.73M May 19, 2022 By GCOP LLC F1, F2
transaction NONE Common Stock, par value $0.001 per share Purchase $5K +333 +0.02% $15.00 1.73M May 19, 2022 By GCOP LLC F2, F3
holding NONE Common Stock, par value $0.001 per share 1.83M May 19, 2022 By GEMS Fund 4, L.P. F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 19, 2022, GCOP LLC purchased 8,005.409 shares of Common Stock from the estate of a stockholder of Golub Capital BDC 3, Inc. ("GBDC 3") at a purchase price of $14.25 per share, which was equal to 95% of GBDC 3's $15.00 net asset value per share as of March 31, 2022.
F2 Due to his control of and ownership interest in GCOP LLC, which upon settlement of the current acquisitions directly owns 1,730,216.713 shares of Common Stock, Mr. Golub is viewed as having investment power over all of the shares owned by such entity.
F3 In connection with the acquisition of shares from the estate of a GBDC 3 stockholder described above, GCOP LLC assumed the former stockholder's capital commitment to purchase shares of Common Stock pursuant to a subscription agreement, including the obligation to purchase 333.333 shares of Common Stock that are expected to close on or around May 26, 2022.
F4 Due to his control of GEMS Fund 4, L.P., which directly owns 1,834,523.315 shares of Common Stock, Mr. Golub may be viewed as having investment power over all of the shares owned by such entity although voting rights have been passed through to the limited partners. Mr. Golub disclaims beneficial ownership of such shares of Common Stock held by GEMS Fund 4, L.P. except to the extent of his pecuniary interest therein.