Trinity Capital Inc. — Director's Dealing 2020

Dec 22, 2020

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Trinity Capital Inc. (NONE)
CIK: 0001786108
Period of Report: 2020-12-11

Reporting Person: Eagle Point Credit Management LLC (10% Owner)
Reporting Person: Majewski Thomas P. (10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.001 par value per share	3333	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
6.00% Convertible Notes due 2025	$15	2025-12-11	Common Stock, $0.001 par value per share (3333335)		Indirect

Footnotes

F1: Thomas P. Majewski directly owns 3,333 shares of common stock par value $0.001 per share ("Common Stock") in his personal capacity, and Eagle Point Credit Management LLC ("Eagle Point" and, together with Tomas P. Majewski, the "Reporting Persons") has no pecuniary interest in these securities.

F2: The conversion rate is initially 66.6667 shares of Trinity Capital Inc. Common Stock, per $1,000 principal amount of the convertible notes (equivalent to an initial conversion price of approximately $15 per share of common stock). This conversion rate is subject to certain customary formulaic adjustments pursuant to the terms of the convertible notes.

F3: The convertible notes are directly owned by (i) Eagle Point Defensive Income Fund US and Eagle Point Defensive Income Fund Non-US LP and (ii) certain separately-managed client accounts (collectively, the "Accounts"). Eagle Point serves as investment manager to the Accounts and, accordingly, could be deemed to have a pecuniary interest in the securities held by the Accounts. Thomas P. Majewski is the managing partner and a member of the portfolio management team of Eagle Point Credit Management LLC, and has certain economic rights with respect to Eagle Point that could be deemed to constitute a pecuniary interest in the securities held by the Accounts.

F4: Each of the Reporting Persons hereby disclaims beneficial ownership of the securities described in this report pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934 (except, with respect to Mr. Majewski, to the extent of his pecuniary interest therein) and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of any of the reported securities for purposes of Section 16 or for any other purpose.