David Golub - Jun 3, 2024 Form 4 Insider Report for GOLUB CAPITAL BDC, Inc. (GBDC)

Role: Chief Executive Officer, Director
Signature: /s/ David B. Golub
Stock symbol: GBDC
Transactions as of: Jun 3, 2024
Transactions value $: $0
Form type: 4
Date filed: 6/5/2024, 04:28 PM
Previous filing: May 28, 2024
Next filing: Jun 11, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GBDC	Common Stock, par value $0.001 per share	Award		+1.78M	+104.94%		3.48M	Jun 3, 2024	By GCOP LLC	F1, F2
transaction	GBDC	Common Stock, par value $0.001 per share	Award		+1.68M			1.68M	Jun 3, 2024	By GEMS Fund 4, L.P.	F3, F4
holding	GBDC	Common Stock, par value $0.001 per share						1.21M	Jun 3, 2024	By GGP Class B-P LLC	F5
holding	GBDC	Common Stock, par value $0.001 per share						189K	Jun 3, 2024	By CDGPE, LLC	F6
holding	GBDC	Common Stock, par value $0.001 per share						167K	Jun 3, 2024	By CDGQ LLC	F7
holding	GBDC	Common Stock, par value $0.001 per share						15K	Jun 3, 2024	By Golub Onshore GP, LLC	F8
holding	GBDC	Common Stock, par value $0.001 per share						125K	Jun 3, 2024	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Acquired pursuant to the Agreement and Plan of Merger, dated as of January 16, 2024 (as amended, the "Merger Agreement"), by and among the issuer, Golub Capital BDC 3, Inc. ("GBDC 3"), Park Avenue Subsidiary Inc., GC Advisors LLC, and, for certain limited purposes, Golub Capital LLC in exchange for 1,948,452 shares of GBDC 3 common stock. The market price of GBDC common stock at the close of trading on May 31, 2024, the last trading day prior to the closing of the merger was, $16.57.
F2	Due to his control of and ownership interest in GCOP LLC, Mr. Golub may be viewed as having investment power over all of the shares owned by such entity.
F3	Acquired pursuant to the Merger Agreement in exchange for 1,834,523 shares of GBDC 3 common stock. The market price of GBDC common stock at the close of trading on May 31, 2024, the last trading day prior to the closing of the merger, was $16.57.
F4	Due to his control of GEMS Fund 4, L.P., Mr. Golub may be viewed as having investment power over all of the shares owned by such entity although voting rights have been passed through to the limited partners. Mr. Golub disclaims beneficial ownership of such shares of common stock held by GEMS Fund 4, L.P. except to the extent of his pecuniary interest therein.
F5	Due to his control and ownership in GGP Class B-P., Mr. Golub is viewed as having investment power over all the shares owned by such entity.
F6	The shares reported herein are directly beneficially owned by CDGPE, LLC and are held for the benefit of Mr. Golub's family trust.
F7	The shares reported herein are directly beneficially owned by CDGQ, LLC and are held for the benefit of Mr. Golub's family trust.
F8	Due to his control and ownership in Golub Onshore GP, LLC, Mr. Golub is viewed as having investment power over all of the shares owned by such entity.