0000899243-18-000384.txt : 20180103
0000899243-18-000384.hdr.sgml : 20180103
20180103202954
ACCESSION NUMBER: 0000899243-18-000384
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20171231
FILED AS OF DATE: 20180103
DATE AS OF CHANGE: 20180103
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Frank John
CENTRAL INDEX KEY: 0001372819
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35500
FILM NUMBER: 18508165
MAIL ADDRESS:
STREET 1: C/O OAKTREE CAPITAL MANAGEMENT
STREET 2: 333 SOUTH GRAND 28TH FLOOR
CITY: LOS ANGELES
STATE: CA
ZIP: 90071
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
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2017-12-31
0
0001403528
Oaktree Capital Group, LLC
OAK
0001372819
Frank John
C/O OAKTREE CAPITAL GROUP, LLC
333 SOUTH GRAND AVENUE, 28TH FLOOR
LOS ANGELES
CA
90071
1
1
0
0
Vice Chairman
OCGH Units
2017-12-31
5
G
0
E
112502
0.00
D
Class A Units
112502
112501
I
By grantor retained annuity trust
OCGH Units
2017-12-31
5
G
0
E
112502
0.00
A
Class A Units
112502
112502
I
By trust
OCGH Units
2017-12-31
5
G
0
E
112501
0.00
D
Class A Units
112501
0
I
By grantor retained annuity trust
OCGH Units
2017-12-31
5
G
0
E
112501
0.00
A
Class A Units
112501
112501
I
By trust
OCGH Units
2017-12-31
5
G
0
E
22500
0.00
D
Class A Units
22500
90002
I
By trust
OCGH Units
2017-12-31
5
G
0
E
16553
0.00
D
Class A Units
16553
248301
I
By Frank 2012 Family LLC
OCGH Units
Class A Units
1607290
1607290
D
Each limited partnership unit ("OCGH unit") of Oaktree Capital Group Holdings, L.P. ("OCGH") 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 has the right to exchange his or her vested 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 2)
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.
Transfer of 112,502 OCGH units by a terminating grantor retained annuity trust to a trust controlled by Mr. Frank in his capacity as trustee for the benefit of a family member in accordance with the terms of the grantor retained annuity trust. The OCGH units transferred by the grantor retained annuity trust had previously been reported as directly owned by Mr. Frank.
Transfer of 112,501 OCGH units by a terminating grantor retained annuity trust to a trust controlled by Mr. Frank in his capacity as trustee for the benefit of a different family member in accordance with the terms of the grantor retained annuity trust. The OCGH units transferred by the grantor retained annuity trust had previously been reported as directly owned by Mr. Frank.
Transfer of 22,500 OCGH units by the trust for the benefit of a family member referenced in note 3 to such family member.
Transfer of 16,553 OCGH units by a family limited liability company controlled by Mr. Frank to a family member. The OCGH units transferred by such limited liability company had previously been reported as directly owned by Mr. Frank.
This balance represents the number of OCGH units held directly by Mr. Frank.
Mr. Frank disclaims beneficial ownership of the OCGH units reported on this Form 4, except to the extent of his pecuniary interest therein.
/s/ Richard Ting, Attorney-in-fact
2018-01-03