Marc Zahr - 14 Mar 2025 Form 4 Insider Report for BLUE OWL CAPITAL INC. (OWL)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
18 Mar 2025, 20:00:14 UTC
Prior SEC filing
18 Feb 2025
Next SEC filing
17 Apr 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Neena A. Reddy, as Attorney-in-Fact

Key filing fact

Marc Zahr filed Form 4 for BLUE OWL CAPITAL INC. (OWL) on 18 Mar 2025.

Key facts

  • This page summarizes Marc Zahr's Form 4 filing for BLUE OWL CAPITAL INC. (OWL).
  • 1 reported transaction and 2 derivative rows are listed below.
  • Accepted by SEC: 18 Mar 2025, 20:00.

Change

  • Previous filing in this sequence was filed on 18 Feb 2025.
  • 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 derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

OWL transaction Derivative

Derivatives Contract

Sale

Transaction value
Shares
-1
Change %
-50%
Price
Shares after
1
Date
14 Mar 2025
Ownership
Direct
Underlying class
Class A common Stock
Underlying amount
8,250,000
Exercise price
Footnotes
F1, F2
OWL holding Derivative

Derivatives Contract

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1
Date
14 Mar 2025
Ownership
See footnote
Underlying class
Class A common Stock
Underlying amount
8,250,000
Exercise price
Footnotes
F1, F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

On March 14, 2025, the Reporting Person entered into a derivative agreement (the "Agreement") for estate planning purposes with James J. Hennessey, as trustee (the "Trustee") of the Zahr Family Gift Trust (the "Trust") pursuant to which the Reporting Person sold Trustee a derivative for an aggregate amount equal to $102,497,000. The Settlement Date is March 14, 2034 or, if earlier, the date of the Reporting Person's death. Within 120 days after the Settlement Date, an amount equal to the fair market value of the Blue Owl Interests (as defined below) as of the Settlement Date less $1,000,000 (the "Hurdle Amount") shall be determined. If such amount is greater than zero, the Reporting Person shall pay such amount to the Trustee within thirty days.

Footnote F2

The Agreement provides the Trust with a right to receive a future payment that represents the increase in value over the Hurdle Amount of the following ("Blue Owl Interests"), defined as: (i) 8,250,000 shares of Class C common stock (CC1 sub-class) of Blue Owl Capital Inc. (the "Company"), (ii) 8,250,000 common units (OSC sub-class) of Blue Owl Capital Holdings LP and (iii) 8,250,000 common units (CSC sub-class) of Blue Owl Capital Carry LP now held by OSREC Feeder, LP for the benefit of Augustus, LLC, or, if any of the Blue Owl Interests are exchanged for shares of Class A common stock of the Company, an equivalent number of such shares.

Footnote F3

The Reporting Person disclaims beneficial ownership of the securities and the Agreement held by the Trust, except to the extent of his pecuniary interest therein.

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