Bruce D. Frank - Aug 9, 2021 Form 4 Insider Report for Morgan Stanley Direct Lending Fund (NONE)

Role
Director
Signature
/s/ Orit Mizrachi, by power of attorney
Stock symbol
NONE
Transactions as of
Aug 9, 2021
Transactions value $
$5,184
Form type
4
Date filed
10/19/2021, 04:04 PM
Previous filing
Jul 29, 2021
Next filing
Nov 16, 2021

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 Other $0 +0.1 +0.01% $0.00 1.14K Aug 9, 2021 See Footnote F1, F2
transaction NONE Common Stock, par value $0.001 per share Purchase $5.18K +247 +21.27% $21.01* 1.41K Oct 15, 2021 See Footnote F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Due to the failure of certain investors ("Defaulting Investors") to pay the portions of their respective capital commitment payable, as required under subscription agreements between such investors and Morgan Stanley Direct Lending Fund (the "Company"), 50% of the shares of the Company's common stock, par value $0.001 per share (the "Common Stock"), held by such Defaulting Investors were forfeited and transferred on the books of the Company to other subscribers pro rata in accordance with the respective interests of such other subscribers. As a result, additional shares of Common Stock were reallocated for no additional consideration.
F2 Mr. Frank is the owner of MSSB C/F Bruce Frank IRA, which owns the reported securities.