Item 5.07. Submission of Matters to a Vote of Security Holders.
At 8:30 a.m. (Pacific Time) on May 24, 2022, BlackRock TCP Capital Corp.
("TCPC") held its 2022 Annual Meeting of Stockholders via live Internet webcast
(the "Meeting"). At the Meeting, TCPC's common stockholders voted on two
proposals, both of which were approved. The proposals are described in detail in
TCPC's definitive proxy statement for the Meeting as filed with the Securities
and Exchange Commission (the "SEC") on April 1, 2022. As of March 29, 2022, the
record date, TCPC had 57,767,264 shares of common stock outstanding, which
included 584,635 shares owned by affiliates. The final voting results from the
Meeting were as follows:
Proposal 1. TCPC's stockholders elected six directors to the Board of Directors
of TCPC. Each of Eric J. Draut, Andrea L. Petro, M. Freddie Reiss, Peter E.
Schwab, Karyn L. Williams and Rajneesh Vig will serve until the 2023 Annual
Meeting and until his or her successor is duly elected and qualifies or until
his or her earlier resignation, removal from office, death or incapacity. The
six directors were re-elected pursuant to the voting results set forth below:
Name For Withheld Broker Non-Votes
Eric J. Draut 26,145,892 3,146,821 0
Andrea L. Petro 26,194,966 3,097,747 0
M. Freddie Reiss 26,168,813 3,123,900 0
Peter E. Schwab 26,115,212 3,177,501 0
Karyn L. Williams 26,209,888 3,082,825 0
Rajneesh Vig 26,436,358 2,856,355 0
Proposal 2. TCPC's stockholders approved a proposal to authorize TCPC, with the
approval of its Board of Directors, to sell or otherwise issue shares of its
common stock (during the next 12 months) at a price or prices below TCPC's then
current net asset value per share in one or more offerings subject to certain
limitations described in detail in TCPC's definitive proxy statement as filed
with the SEC on April 1, 2022 (including, without limitation, that the number of
shares sold on any given date does not exceed 25% of TCPC's then outstanding
common stock immediately prior to such sale), as set forth below:
For Against Abstained Broker Non-Votes
24,583,321 4,060,678 648,699 0
The vote on the above proposal, adjusted for 584,635 affiliated shares that
voted on the proposal, was as follows:
For Against Abstained Broker Non-Votes
23,998,686 4,060,678 648,699 0
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