Sec Form 4 Filing - WATSA V PREM ET AL @ Crescent Capital BDC, Inc. - 2021-12-27

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
WATSA V PREM ET AL
2. Issuer Name and Ticker or Trading Symbol
Crescent Capital BDC, Inc. [ CCAP]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
95 WELLINGTON STREET WEST, SUITE 800
3. Date of Earliest Transaction (MM/DD/YY)
12/27/2021
(Street)
TORONTO ONTARIO, A6M5J 2N7
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/27/2021 S 71,187 D $ 18.01( 1 )( 2 ) 3,544,760 I See footnote( 5 )
Common Stock 12/28/2021 S 102,476 D $ 18.06( 3 )( 2 ) 3,442,284 I See footnote( 5 )
Common Stock 12/29/2021 S 103,285 D $ 18.05( 4 )( 2 ) 3,338,999 I See footnote( 5 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
WATSA V PREM ET AL
95 WELLINGTON STREET WEST
SUITE 800
TORONTO ONTARIO, A6M5J 2N7
X
FAIRFAX FINANCIAL HOLDINGS LTD/ CAN
95 WELLINGTON STREET WEST
SUITE 800
TORONTO, ONTARIO, A6M5J 2N7
X
SECOND 1109 HOLDCO LTD.
95 WELLINGTON STREET WEST
SUITE 800
TORONTO, ONTARIO, A6M5J 2N7
X
SIXTY TWO INVESTMENT CO LTD
1600 CATHEDRAL PLACE
925 W GEORGIA ST
VANCOUVER, BRITISH COLUMBIA, A1V6C3L3
X
Allied World Assurance Co Holdings, GmbH
27 RICHMOND ROAD
GUBELSTRASSE 24
PEMBROKE, D0HM 08
X
Signatures
/s/ V. Prem Watsa 12/29/2021
Signature of Reporting Person Date
/s/ Peter Clarke, Vice President and COO, on behalf of Fairfax Financial Holdings Ltd. 12/29/2021
Signature of Reporting Person Date
/s/ V. Prem Watsa, President, on behalf of The Second 1109 Holdco Ltd. 12/29/2021
Signature of Reporting Person Date
/s/ V. Prem Watsa, President, on behalf of The Sixty Two Investment Company Limited 12/29/2021
Signature of Reporting Person Date
/s/ Peter Clarke, Attorney-in-fact, on behalf of Allied World Assurance Company Holdings, Ltd 12/29/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )This transaction was executed in multiple trades at prices ranging from $18.00 to $18.03. The shares sold include 51,469 shares sold by Allied World Assurance Company, Ltd., GmbH ("Allied World") and 19,718 shares sold by Brit Reinsurance (Bermuda) Limited - FAL ("Brit"), which are both wholly-owned subsidiaries of Fairfax Financial Holdings Limited.
( 2 )The price reported reflects the weighted average sale price. The reporting persons hereby undertake to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
( 3 )This transaction was executed in multiple trades at prices ranging from $18.00 to $18.06. The shares sold include 74,091 shares sold by Allied World and 28,385 shares sold by Brit.
( 4 )This transaction was executed in multiple trades at prices ranging from $18.00 to $18.10. The shares sold include 74,676 shares sold by Allied World and 28,609 shares sold by Brit.
( 5 )These securities are held by wholly-owned subsidiaries of Fairfax Financial Holdings Limited. Mr. Watsa is the CEO and controlling person of Fairfax Financial Holdings Limited through the other reporting persons. Each of the reporting persons disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), except to the extent of its or his pecuniary interest therein, if any. This report shall not be deemed an admission that any of the reporting persons is a beneficial owner for the purpose of Section 16 of the Exchange Act, or for any other purpose.

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