Leslie D. Michelson - 24 Jan 2024 Form 4 Insider Report for Franklin BSP Capital Corp (FRBP)

Reporting relationship: Director
Issuer ticker: FRBP
Reported as of: 24 Jan 2024
Net transaction value: $0
SEC form: 4
Accepted by SEC: 26 Jan 2024, 14:04:55 UTC
Prior SEC filing: 13 Sep 2023
Next SEC filing: 17 Jun 2024
Source filing: View source filing
Reporting owner signature: /s/ Nina K. Baryski, attorney-in-fact

Key filing fact

Leslie D. Michelson filed Form 4 for Franklin BSP Capital Corp (FRBP) on 26 Jan 2024.

Key facts

This page summarizes Leslie D. Michelson's Form 4 filing for Franklin BSP Capital Corp (FRBP).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 26 Jan 2024, 14:04.

Change

Previous filing in this sequence was filed on 13 Sep 2023.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

FRBP transaction

Common Stock

Award

Transaction value
Shares: +8,559
Change %
Price
Shares after: 8,559
Date: 24 Jan 2024
Ownership: Direct
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote 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.