Watsa V Prem Et al - 11 Jan 2022 Form 4 Insider Report for Crescent Capital BDC, Inc. (CCAP)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
12 Jan 2022, 20:12:22 UTC
Prior SEC filing
10 Jan 2022
Next SEC filing
01 Mar 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ V. Prem Watsa

Key filing fact

Watsa V Prem Et al filed Form 4 for Crescent Capital BDC, Inc. (CCAP) on 12 Jan 2022.

Key facts

  • This page summarizes Watsa V Prem Et al's Form 4 filing for Crescent Capital BDC, Inc. (CCAP).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 12 Jan 2022, 20:12.

Change

  • Previous filing in this sequence was filed on 10 Jan 2022.
  • Current net transaction value: -$1,546,099.

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.

CCAP transaction

Common Stock

Sale

Transaction value
$588,468
Shares
-32,548
Change %
-1%
Price
$18.08
Shares after
3,113,354
Date
11 Jan 2022
Ownership
See footnote
Footnotes
F1, F2, F4
CCAP transaction

Common Stock

Sale

Transaction value
$957,632
Shares
-52,675
Change %
-1.7%
Price
$18.18
Shares after
3,060,679
Date
12 Jan 2022
Ownership
See footnote
Footnotes
F2, F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Watsa V Prem Et al is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 4 footnotes

Footnote F1

This transaction was executed in multiple trades at prices ranging from $18.04 to $18.14. The shares sold include 23,515 shares sold by Allied World Assurance Company, Ltd., GmbH ("Allied World") and 9,033 shares sold by Brit Reinsurance (Bermuda) Limited - FAL ("Brit"), which are both subsidiaries of Fairfax Financial Holdings Limited.

Footnote F2

The price reported reflects the weighted average sale price. The reporting persons hereby undertake to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

Footnote F3

This transaction was executed in multiple trades at prices ranging from $18.14 to $18.31. The shares sold include 38,056 shares sold by Allied World and 14,619 shares sold by Brit.

Footnote F4

These securities are held by wholly-owned subsidiaries of Fairfax Financial Holdings Limited. Mr. Watsa is the CEO and controlling person of Fairfax Financial Holdings Limited through the other reporting persons. Each of the reporting persons disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), except to the extent of its or his pecuniary interest therein, if any. This report shall not be deemed an admission that any of the reporting persons is a beneficial owner for the purpose of Section 16 of the Exchange Act, or for any other purpose.

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