X0306 4 2016-11-21 1 0001649709 CIFC LLC CIFC 0001517708 DFR Holdings, LLC C/O COLUMBUS NOVA 900 THIRD AVENUE, 19TH FLOOR NEW YORK NY 10022 1 0 1 0 COMMON SHARES 2016-11-21 4 D 0 18822175 11.46 D 0 D COMMON SHARE WARRANT (RIGHT TO BUY) 6.375 2016-11-21 4 D 0 2000000 6.675 D 2013-12-31 2017-01-24 COMMON SHARE 2000000 0 D Pursuant to that certain Agreement and Plan of Merger dated August 19, 2016 (the "Merger Agreement") among the Issuer, F.A.B. Holdings I LP and CIFC Acquisition, LLC, as of the effective time of the merger, each issued and outstanding Common Share of the Issuer (as defined under the Merger Agreement), with certain limited exceptions, was converted into the right to receive $11.46 in cash, representing the $11.36 per share merger consideration and a $0.10 cash distribution declared by the Issuer, without interest. Pursuant to the Merger Agreement, the warrant was redeemed or canceled in exchange for the right to receive $6.675 per each common share of the Issuer that the warrant was exercisable into, as calculated in accordance with the formula provided for in the Merger Agreement. DFR Holdings, LLC, By: /s/ Andrew Intrater, Name: Andrew Intrater, Title: Manager 2016-11-23