0000950172-24-000083.txt : 20240320
0000950172-24-000083.hdr.sgml : 20240320
20240320183417
ACCESSION NUMBER: 0000950172-24-000083
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240318
FILED AS OF DATE: 20240320
DATE AS OF CHANGE: 20240320
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Singhal Nik
CENTRAL INDEX KEY: 0001831302
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 811-23238
FILM NUMBER: 24768940
MAIL ADDRESS:
STREET 1: C/O BLACKROCK CAPITAL INVESTMENT CORP
STREET 2: 40 EAST 52ND STREET
CITY: NEW YORK
STATE: NY
ZIP: 10022
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: BlackRock Capital Investment Corp
CENTRAL INDEX KEY: 0001326003
ORGANIZATION NAME:
IRS NUMBER: 202725151
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 50 HUDSON YARDS
CITY: NEW YORK
STATE: NY
ZIP: 10001
BUSINESS PHONE: 212-810-5800
MAIL ADDRESS:
STREET 1: 50 HUDSON YARDS
CITY: NEW YORK
STATE: NY
ZIP: 10001
FORMER COMPANY:
FORMER CONFORMED NAME: BlackRock Kelso Capital CORP
DATE OF NAME CHANGE: 20050503
4
1
form4.xml
X0508
4
2024-03-18
true
0001326003
BlackRock Capital Investment Corp
BKCC
0001831302
Singhal Nik
50 HUDSON YARDS
NEW YORK
NY
10001
true
President
false
Common Stock
2024-03-18
4
D
0
74918.452
D
0
D
Common Stock
2024-03-18
4
D
0
7224.792
D
0
I
By spouse
Phantom Shares
2024-03-18
4
D
0
8005.83
D
Common Stock
8005.83
0
D
Phantom Shares
2024-03-18
4
D
0
18771.75
D
Common Stock
18771.75
0
D
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, the Issuer merged with and into Merger Sub, with Merger Sub surviving such merger as an indirect wholly-owned subsidiary of TCPC (the "Merger").
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.
A phantom share is the economic equivalent of one share of common stock and, subject to the applicable vesting requirements, becomes payable in cash.
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.
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.
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.
/s/ Laurence D. Paredes as Attorney-in-Fact
2024-03-20