Trinity Capital Inc. — Director's Dealing 2021

Feb 2, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Trinity Capital Inc. (NONE)
CIK: 0001786108
Period of Report: 2021-01-28

Reporting Person: Eagle Point Credit Management LLC (10% Owner)
Reporting Person: Majewski Thomas P. (Director, Chief Executive Officer, Portfolio Manager)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-28	Common Stock, $0.001 par value per share	P	357142	$14	Acquired	357142	Indirect

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: The Common Stock and Convertible Notes are directly owned by certain investment vehicles and accounts (collectively, the "Accounts") managed by Eagle Point Credit Management LLC ("Eagle Point"). Accordingly, Eagle Point could be deemed to have a pecuniary interest in the Common Stock and Convertible Notes held by the Accounts. Thomas P. Majewski is the managing partner and a member of the portfolio management team of Eagle Point, and has certain economic rights with respect to Eagle Point that could be deemed to constitute a pecuniary interest in the Common Stock and Convertible Notes held by the Accounts.

F2: Each of the Reporting Persons identified herein 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 direct 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.

F3: Thomas P. Majewski directly owns 3,333 shares of Common Stock in his personal capacity and thus has a direct pecuniary interest in these securities. Eagle Point has no pecuniary interest in these securities.

F4: The conversion rate is initially 66.6667 shares of 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.