Blue Owl Capital awards 681K units to Co-President
Packer Craig reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Packer Craig reported acquisition or exercise transactions in this Form 4 filing.
Blue Owl Capital Inc. Co-President Craig Packer reported awards tied to 681,229 Blue Owl Operating Group Units and 681,229 Class C Shares, held indirectly through Blue Owl Management Vehicle LP. These fully vested Incentive Units are subject to a one-year lock-up and, after required conditions, ultimately may be exchanged for an equal number of Class A Shares or cash based on a five-day volume weighted average price, resulting in reported indirect holdings of 6,416,974 shares.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Blue Owl Operating Group Units F1, F2 | 681,229 | $0.00 | $0.00 |
| Grant/Award | Class C Shares F1, F2 | 681,229 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents shares of Class C common stock of the Issuer ("Class C Shares") and Common Units of Blue Owl Capital Holdings LP, a Delaware limited partnership ("Blue Owl Holdings"), issued or to be issued to Blue Owl Management Vehicle LP, a Delaware limited partnership ("Blue Owl Management Vehicle"), in respect of Class P Units of Blue Owl Holdings issued to Blue Owl Management Vehicle on behalf of the reporting person pursuant to the Second Amended and Restated Blue Owl Capital Inc. 2021 Omnibus Equity Incentive Plan, as amended from time to time. The reporting person holds Incentive Units of Blue Owl Management Vehicle, which correspond to the Class P Units and the resulting Common Units and Class C Shares on a 1-for-1 basis.
- F2. The reported Incentive Units of Blue Owl Management Vehicle are fully vested upon the grant date, but are subject to a lock-up period of one year from the grant date. After attainment of required capital account thresholds, Incentive Units settle by delivery of an equal number of Common Units of Blue Owl Holdings ("Blue Owl Operating Group Units") and Class C Shares. After expiration of the lock-up and cancellation of an equal number of Class C Shares, Blue Owl Operating Group Units may be exchanged from time to time at the request of the reporting person for an equal number of newly issued shares of the Issuer's Class A common stock ("Class A Shares") (or at the election of an exchange committee of the general partner of Blue Owl Holdings, a cash payment equal to the five-day volume weighted average price of shares of Class A Shares immediately prior to the applicable exchange date). Blue Owl Operating Group Units do not expire.
Key Figures
Key Terms
Incentive Units financial
lock-up period financial
Blue Owl Operating Group Units financial
volume weighted average price financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did Blue Owl Capital (OWL) report for Craig Packer?
How are Craig Packer’s Blue Owl (OWL) Incentive Units structured?
What happens to Blue Owl (OWL) Incentive Units after vesting and lock-up?
Do Blue Owl Operating Group Units reported for OWL expire?
AI-generated analysis. How Rhea-AI works. Not financial advice.