0000899243-15-008709.txt : 20151123
0000899243-15-008709.hdr.sgml : 20151123
20151123161734
ACCESSION NUMBER: 0000899243-15-008709
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20151119
FILED AS OF DATE: 20151123
DATE AS OF CHANGE: 20151123
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Oaktree Capital Group, LLC
CENTRAL INDEX KEY: 0001403528
STANDARD INDUSTRIAL CLASSIFICATION: INVESTMENT ADVICE [6282]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 333 SOUTH GRAND AVENUE
STREET 2: 28TH FLOOR
CITY: LOS ANGELES
STATE: CA
ZIP: 90071
BUSINESS PHONE: (213) 830-6300
MAIL ADDRESS:
STREET 1: 333 SOUTH GRAND AVENUE
STREET 2: 28TH FLOOR
CITY: LOS ANGELES
STATE: CA
ZIP: 90071
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: STONE SHELDON M
CENTRAL INDEX KEY: 0001372676
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35500
FILM NUMBER: 151249876
MAIL ADDRESS:
STREET 1: C/O OAKTREE CAPITAL MANAGEMENT
STREET 2: 333 SOUTH GRAND 28TH FLOOR
CITY: LOS ANGELES
STATE: CA
ZIP: 90071
FORMER NAME:
FORMER CONFORMED NAME: Stone Sheldon
DATE OF NAME CHANGE: 20060814
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2015-11-19
0
0001403528
Oaktree Capital Group, LLC
OAK
0001372676
STONE SHELDON M
C/O OAKTREE CAPITAL GROUP, LLC
333 SOUTH GRAND AVENUE, 28TH FLOOR
LOS ANGELES
CA
90071
1
1
0
0
Principal
Class A Units
2015-11-19
4
M
0
150000
A
251009
D
Class A Units
2015-11-20
5
G
0
E
150000
0.00
D
101009
D
OCGH Units
2015-11-19
4
M
0
150000
0.00
D
Class A Units
150000
9900223
D
In furtherance of a charitable contribution, the Reporting Person exchanged 150,000 limited partnership units ("OCGH units") in Oaktree Capital Group Holdings, L.P. ("OCGH") for 150,000 Class A units ("Class A units") of the Issuer pursuant to an exchange agreement, as further described in footnotes 2 and 3 below.
Each OCGH unit represents a limited partnership interest in OCGH. Pursuant to an exchange agreement and subject to certain restrictions, including the approval of the exchange by the Issuer's board of directors, each holder of OCGH units may exchange, or may be required to exchange, if approved by the Issuer's board of directors, his or her OCGH units for, at the option of the Issuer's board of directors, Class A units on a one-for-one basis, an equivalent amount of cash based on then-prevailing market prices, other consideration of equal value or any combination of the foregoing, with adjustments, as applicable, to account for the disproportionate sharing among certain OCGH unitholders of the historical incentive income of certain of the Issuer's closed-end funds that held their final closing before the Issuer's May 2007 restructuring. (Continued in footnote 3)
The adjustments will be made pursuant to the OCGH limited partnership agreement to account for the fact that, as a result of the May 2007 restructuring, the interests of certain OCGH unitholders in historical incentive income are disproportionately larger or smaller than their pro rata interest in the Issuer's business, depending on when the unitholder's interest in the Issuer's business was acquired.
/s/ Richard Ting, Attorney-in-fact
2015-11-23