Key facts
- This page summarizes James Keenan's Form 4 filing for BlackRock Capital Investment Corp.
- 4 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 20 Mar 2024, 18:30.
James Keenan - 18 Mar 2024 Form 4 Insider Report for BlackRock Capital Investment Corp
- Reporting relationship
- Interim CEO, Chairman of the Board
- Issuer ticker
- N/A
- Reported as of
- 18 Mar 2024
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 20 Mar 2024, 18:30:26 UTC
- Prior SEC filing
- 05 Mar 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Laurence D. Paredes as Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
James Keenan filed Form 4 for BlackRock Capital Investment Corp on 20 Mar 2024.
Change
- Previous filing in this sequence was filed on 05 Mar 2024.
- 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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
BKCC
transaction
Common Stock
Disposed to Issuer
- Transaction value
- Shares
- -490,003
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 18 Mar 2024
- Ownership
- Direct
- Footnotes
- F1, F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
BKCC
transaction
Derivative
Phantom Shares
Disposed to Issuer
- Transaction value
- Shares
- -42,247
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 18 Mar 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 42,247
- Exercise price
- Footnotes
- F1, F3, F4, F5
BKCC
transaction
Derivative
Phantom Shares
Disposed to Issuer
- Transaction value
- Shares
- -52,025
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 18 Mar 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 52,025
- Exercise price
- Footnotes
- F1, F3, F5, F6
BKCC
transaction
Derivative
Phantom Shares
Disposed to Issuer
- Transaction value
- Shares
- -113,306
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 18 Mar 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 113,306
- Exercise price
- Footnotes
- F1, F3, F5, F7
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
James Keenan is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 7 footnotes
Footnote F1
On March 18, 2024, Blackrock TCP Capital Corp. ("TCPC") acquired BlackRock Capital Investment Corporation (the "Issuer") pursuant to an Amended and Restated Agreement and Plan of Merger, dated as of January 10, 2024, entered into by and among the TCPC, the Issuer, BCIC Merger Sub, LLC an indirect wholly-owned subsidiary of TCPC ("Merger Sub"), and, solely for limited purposes, BlackRock Capital Investment Advisors, LLC ("BCIA") and Tennenbaum Capital Partners, LLC, a wholly owned subsidiary of BCIA. In accordance with the Merger Agreement, Issuer merged with and into Merger Sub, with Merger Sub surviving such merger as an indirect wholly-owned subsidiary of TCPC (the "Merger").
Footnote F2
At the effective time of the Merger, each outstanding share of the Issuer common stock (other than certain excluded shares) automatically converted into the right to receive 0.3834 validly issued, fully-paid and nonassessable shares of TCPC common stock.
Footnote F3
A phantom share is the economic equivalent of one share of common stock and, subject to the applicable vesting requirements, becomes payable in cash.
Footnote F4
As previously reported on a Form 4 dated February 2, 2022, the Reporting Person was granted phantom shares on January 31, 2022 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date.
Footnote F5
In connection with the Merger, each Issuer phantom share converted into 0.3651 TCPC phantom shares on substantially the same terms and conditions as the Issuer award.
Footnote F6
As previously reported on a Form 4 dated February 2, 2023, the Reporting Person was granted phantom shares on January 31, 2023 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date.
Footnote F7
As previously reported on a Form 4 dated February 2, 2024, the Reporting Person was granted phantom shares on January 31, 2024 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date.