SEC Form 5 · accession 0001209191-18-008109
BlackRock Capital Investment Corp · BKCC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J. Zugay
Officer — Chief Executive Officer
Period of report
Dec 31, 2017
Accepted (ET)
Feb 7, 2018 · 4:05 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001326003
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jan 31, 2017 | M | 19,557 | — | A | 22,500 | D | |
| Common StockF1,F2 | Jan 31, 2017 | D | 19,557 | $7.24 | D | 22,500 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom SharesF1,F2 | — | Jan 31, 2017 | M | 19,557 | D | — | — | Common Stock | 19,557 | 43,315 | D |
Explanation of responses
- F1A phantom share is the economic equivalent of one share of common stock and, subject to the applicable vesting requirements, becomes payable in cash.
- F2The Reporting Person was granted phantom shares on January 31, 2016 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date. Immediately following the reported transaction, the Reporting Person beneficially owned 39,114 phantom shares under such grant.