Franklin BSP Realty Trust, Inc. — Director's Dealing 2021

Oct 21, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Franklin BSP Realty Trust, Inc. (FBRT)
CIK: 0001562528
Period of Report: 2021-10-19

Reporting Person: Augustine Patsy Joseph (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-10-19	Common Stock	A	5250	—	Acquired	5250	Direct

Footnotes

F1: On October 19, 2021, pursuant to the certain Agreement and Plan of Merger, dated as of July 25, 2021, as amended pursuant to that certain First Amendment to Agreement and Plan of Merger, dated as of September 22, 2021 (as amended, the "Merger Agreement"), by and among the Issuer, Rodeo Sub I, LLC ("Merger Sub"), Capstead Mortgage Corporation ("Capstead") and, solely for the purposes set forth therein, Benefit Street Partners L.L.C., Capstead merged with and into Merger Sub (the "Merger"), with Merger Sub surviving the Merger as a wholly owned subsidiary of the Issuer. At the effective time of the merger, each share of Capstead common stock outstanding immediately prior to the effective time was converted into the right to receive 0.3288 shares of the Issuer's common stock as well as aggregate cash consideration of $0.94 per share.

F2: Received in exchange for 15,970 shares of Capstead's common stock in the Merger. The closing price of Capstead's common stock on the day before the effective date of the Merger was $6.50, and the closing price of the Issuer's common stock on the effective date of the Merger was $17.10.