Michael Hadley - 17 Jan 2025 Form 4 Insider Report for Carlyle Secured Lending III

Role: VP and Head of Underwriting
Signature: /s/ Joshua Lefkowitz, attorney-in-fact
Issuer symbol: N/A
Transactions as of: 17 Jan 2025
Net transactions value: +$14,395
Form type: 4
Filing time: 01 Apr 2025, 11:36:31 UTC
Previous filing: 08 Jan 2025
Next filing: 01 Apr 2025
SEC: View on sec.gov

Transactions Table

Type	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	Common Stock	Other	$6,425	+307	+3.1%	$20.96	10,144	17 Jan 2025	Direct	F1
transaction	Common Stock	Other	$7,970	+384	+3.8%	$20.76	10,528	26 Mar 2025	Direct	F1
transaction	Common Stock	Disposed to Issuer		-10,528	-100%		0	27 Mar 2025	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Michael Hadley is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	Shares were acquired through dividend reinvestments.
F2	Disposed of by the reporting person upon completion of the transactions contemplated by the Agreement and Plan of Merger, dated as of August 2, 2024 (as amended), by and among Carlyle Secured Lending III ("CSL III"), Carlyle Secured Lending, Inc. ("CGBD"), Blue Fox Merger Sub, Inc., and, for the limited purposes set forth therein, CSL III Advisor, LLC and Carlyle Global Credit Investment Management L.L.C., pursuant to which each common share of beneficial interest, $0.0001 per share, of CSL III held by the reporting person was converted into the right to receive 1.2137 shares of CGBD, and, if applicable, cash (without interest) in lieu of fractional shares of CGBD common stock, par value $0.01 per share.

Content

Shares were acquired through dividend reinvestments.

Disposed of by the reporting person upon completion of the transactions contemplated by the Agreement and Plan of Merger, dated as of August 2, 2024 (as amended), by and among Carlyle Secured Lending III ("CSL III"), Carlyle Secured Lending, Inc. ("CGBD"), Blue Fox Merger Sub, Inc., and, for the limited purposes set forth therein, CSL III Advisor, LLC and Carlyle Global Credit Investment Management L.L.C., pursuant to which each common share of beneficial interest, $0.0001 per share, of CSL III held by the reporting person was converted into the right to receive 1.2137 shares of CGBD, and, if applicable, cash (without interest) in lieu of fractional shares of CGBD common stock, par value $0.01 per share.