Item 5.02. Departure of Directors or Certain Officers; Election of Directors;


           Appointment of Certain Officers; Compensatory Arrangements of Certain
           Officers

On September 23, 2021, Hercules Capital, Inc. (together with its subsidiaries, the "Company") and Melanie Grace mutually agreed that Ms. Grace would separate from the Company and end her tenure as General Counsel, Secretary, and Chief Compliance Officer effective September 24, 2021. Ms. Grace's separation did not result from any disagreements with the Company regarding its operations, policies, practices or any issues regarding financial disclosures, accounting or legal matters.




Item 8.01. Other Events.

On September 23, 2021, the Company notified the Trustee for the Company's 4.605% asset-backed notes due 2027 (the "2027 Notes") and the Company's 4.703% asset-backed notes due 2028 (the "2028 Notes" and, together with the 2027 Notes, the "Asset-Backed Notes") of the Company's election to redeem the approximately $115.4 million aggregate principal amount of the 2027 Notes outstanding and the approximately $173.8 million aggregate principal amount of the 2028 Notes outstanding, and instructed the Trustee to provide notice of such redemption to the respective holders of the 2027 Notes and the 2028 Notes in accordance with the terms of the respective indentures governing the 2027 Notes and the 2028 Notes. The Company expects the redemption of the Asset-Backed Notes to be completed on October 20, 2021. Following the redemption, none of the Asset-Backed Notes will remain outstanding. This Current Report on Form 8-K does not constitute a notice of redemption of the Asset-Backed Notes.

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