Ward Sean Jason's Form 4 filing
Blue Owl Capital Inc. (OWL) · filed May 8, 2024
- Accession no.
- 0000950170-24-055777
- Filed
- May 8, 2024
- Trade date
- May 6, 2024
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 4 non-derivative transactions and 2 derivative transactions. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Ward Sean JasonCIK 0001861779 | Officer (Senior Managing Director) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| May 6, 2024 | Class C Shares | JOtherAcquired | +19,600,000 | –F1 | – | 19,600,000 | Indirect | Duplicate filing |
| May 6, 2024 | Class C Shares | CConversionDisposed | −19,600,000 | –F2 | – | 0 | Indirect | Duplicate filing |
| May 6, 2024 | Class A Shares | CConversionAcquired | +19,600,000 | –F2 | – | 19,600,000 | Indirect | Duplicate filing |
| May 6, 2024 | Class A Shares | SSaleDisposed | −19,600,000 | –F3 | – | 0 | Indirect | Duplicate filing |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
On May 6, 2024, 19,600,000 shares of Class C Common Stock of the Issuer ("Class C Shares") and an equal number of Blue Owl Operating Group Units (as defined below) were distributed by Owl Rock Capital Feeder LLC, a Delaware limited liability company ("Owl Rock Feeder"), to Dyal Capital Partners IV Holdings (A) LP, a Delaware limited partnership ("Dyal IV"), for no consideration. The reporting person has an indirect economic interest in Dyal IV and may be deemed to beneficially own the reported securities. The reporting person expressly disclaims beneficial ownership of the securities held by Dyal IV except to the extent of his indirect pecuniary interest therein.
Referenced by the price of 1 transaction in Table I and 2 transactions in Table II.
- F2
On May 6, 2024, Dyal IV exchanged (the "Exchange") 19,600,000 Blue Owl Operating Group Units for 19,600,000 shares of Class A Common Stock of the Issuer ("Class A Shares") pursuant to the terms of the Second Amended & Restated Exchange Agreement, dated as of February 21, 2024 (the "Exchange Agreement"). Upon Exchange, 19,600,000 Class C Shares were surrendered and automatically cancelled.
Referenced by the price of 2 transactions in Table I and 1 transaction in Table II.
- F3
The reported securities were sold by Dyal IV to a registered broker in an unregistered block trade at a per share price of $17.97.
Referenced by the price of 1 transaction in Table I.