SWKHL

SEC source: 0001480140-19-000001 · primary_doc.xml · nonDerivative · entry 1

Weinberg Michael · CIK 0001480140 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 62,432

F1 · price: Includes 250 shares issued to Reporting Person as compensation for his service as a director. Also includes 1,263 shares issued in connection with Reporting Person's voluntary decision to receive shares in lieu of cash compensation for his service as a director, based on the $9.50 closing price of the common stock on December 31, 2018.

SEC source: 0001187788-19-000001 · primary_doc.xml · nonDerivative · entry 1

STEAD EDWARD B · CIK 0001187788 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,084

F1 · price: Includes 250 shares to the Reporting Person as compensation for his services as a director, based on the $9.50 closing price of the common stock on December 31, 2018.

SEC source: 0001619039-19-000001 · primary_doc.xml · nonDerivative · entry 1

Haga Christopher W · CIK 0001619039 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,787

F1 · price: Includes 250 shares to the Reporting Person as compensation for his services as a director. Also includes 1,211 shares issued in connection with the Reporting Person's voluntary decision to receive shares in lieu of cash compensation for his services as a director, based on the $9.50 closing price of the common stock on December 31, 2018.

SEC source: 0001619685-19-000001 · primary_doc.xml · nonDerivative · entry 1

Baker Dana Blair · CIK 0001619685 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 26,047

F1 · price: Includes 250 shares to the Reporting Person as compensation for his services as a director. Also includes 1,447 shares issued in connection with the Reporting Person's voluntary decision to receive shares in lieu of cash compensation for his services as a director, based on the $9.50 closing price of the common stock on December 31, 2018.

SEC source: 0001480140-18-000004 · primary_doc.xml · nonDerivative · entry 1

Weinberg Michael · CIK 0001480140 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 60,919

F1 · price: Includes 250 shares to Reporting Person as compensation for his services as a director. Also includes 1,258 shares issued in connection with Reporting Person's voluntary decision to receive shares in lieu of cash compensation for his service as a director, based on the $9.54 closing price of the common stock on September 28, 2018.

SEC source: 0001187788-18-000004 · primary_doc.xml · nonDerivative · entry 1

STEAD EDWARD B · CIK 0001187788 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,834

F1 · price: Includes 250 shares to the Reporting Person as compensation for his services as a director, based on the $9.54 closing price of the common stock on September 28, 2018.

SEC source: 0001619039-18-000004 · primary_doc.xml · nonDerivative · entry 1

Haga Christopher W · CIK 0001619039 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,326

F1 · price: Includes 250 shares to the Reporting Person as compensation for his services as a director. Also includes 1,205 shares issued in connection with the Reporting Person's voluntary decision to receive shares in lieu of cash compensation for his services as a director, based on the $9.54 closing price of the common stock on September 28, 2018.

SEC source: 0001619685-18-000004 · primary_doc.xml · nonDerivative · entry 1

Baker Dana Blair · CIK 0001619685 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 24,350

F1 · price: Includes 250 shares to the Reporting Person as compensation for his services as a director. Also includes 1,441 shares issued in connection with the Reporting Person's voluntary decision to receive shares in lieu of cash compensation for his services as a director, based on the $9.54 closing price of the common stock on September 28, 2018.

SEC source: 0001480140-18-000003 · primary_doc.xml · nonDerivative · entry 1

Weinberg Michael · CIK 0001480140 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 59,411

F1 · price: Includes 250 shares issued to Reporting Person as compensation for his service as a director. Also includes 1,200 shares issued in connection with Reporting Person's voluntary decision to receive shares in lieu of cash compensation for his service as a director, based on the $10.00 closing price of the common stock on June 29, 2018.

SEC source: 0001619039-18-000003 · primary_doc.xml · nonDerivative · entry 1

Haga Christopher W · CIK 0001619039 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,871

F1 · price: Includes 250 shares issued to the Reporting Person as compensation for his services as a director. Also includes 1,150 shares issued in connection with the Reporting Person's voluntary decision to receive shares in lieu of cash compensation for his service as a director, based on the $10.00 closing price of the common stock on June 29, 2018.

SEC source: 0001187788-18-000003 · primary_doc.xml · nonDerivative · entry 1

STEAD EDWARD B · CIK 0001187788 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,584

F1 · price: Includes 250 shares issued to the Reporting Person as compensation for his service as a director, based on the $10.00 closing price of the common stock on June 29, 2018.

SEC source: 0001619685-18-000003 · primary_doc.xml · nonDerivative · entry 1

Baker Dana Blair · CIK 0001619685 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 22,659

F1 · price: Includes 250 shares to the Reporting Person as compensation for his services as a director. Also includes 1,375 shares issued in connection with the Reporting Person's voluntary decision to receive shares in lieu of cash compensation for his services as a director, based on the $10.00 closing price of the common stock on June 29, 2018.

SEC source: 0001480140-18-000002 · primary_doc.xml · nonDerivative · entry 1

Weinberg Michael · CIK 0001480140 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 57,961

F1 · price: Includes 250 shares issued to the Reporting Person as compensation for his service as a director. Also includes 1,111 shares issued in connection with the Reporting Person's voluntary decision to receive shares in lieu of cash compensation for his service as a director, based on the $10.80 closing price of the common stock on March 29, 2018.

SEC source: 0001187788-18-000002 · primary_doc.xml · nonDerivative · entry 1

STEAD EDWARD B · CIK 0001187788 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,334

F1 · price: Includes 250 shares issued to the Reporting Person as compensation for his service as a director. Also includes 1,319 shares issued in connection with the Reporting Person's voluntary decision to receive shares in lieu of cash compensation for his service as a director, based on the $10.80 closing price of the common stock on March 29, 2018.

SEC source: 0001619685-18-000002 · primary_doc.xml · nonDerivative · entry 1

Baker Dana Blair · CIK 0001619685 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,034

F1 · price: Includes 250 shares to the Reporting Person as compensation for his services as a director. Also includes 1,273 shares issued in connection with the Reporting Person's voluntary decision to receive shares in lieu of cash compensation for his services as a director, based on the $10.80 closing price of the common stock on March 29, 2018.

SEC source: 0001619039-18-000002 · primary_doc.xml · nonDerivative · entry 1

Haga Christopher W · CIK 0001619039 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,471

F1 · price: Includes 250 shares issued to the Reporting Person as compensation for his services as a director. Also includes 1,065 shares issued in connection with the Reporting Person's voluntary decision to receive shares in lieu of cash compensation for his service as a director, based on the $10.80 closing price of the common stock on March 29, 2018.

SEC source: 0001480140-18-000001 · primary_doc.xml · nonDerivative · entry 1

Weinberg Michael · CIK 0001480140 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 56,600

F1 · price: Includes 250 shares issued to the Reporting Person as compensation for his service as a director. Also includes 1,101 shares issued in connection with the Reporting Person's voluntary decision to receive shares in lieu of cash compensation for his service as a director, based on the $10.90 closing price of the common stock on December 29, 2017.

SEC source: 0001187788-18-000001 · primary_doc.xml · nonDerivative · entry 1

STEAD EDWARD B · CIK 0001187788 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,765

F1 · price: Includes 250 shares issued to the Reporting Person as compensation for his service as a director. Also includes 1,307 shares issued in connection with the Reporting Person's voluntary decision to receive shares in lieu of cash compensation for his service as a director, based on the $10.90 closing price of the common stock on December 29, 2017.

SEC source: 0001619039-18-000001 · primary_doc.xml · nonDerivative · entry 1

Haga Christopher W · CIK 0001619039 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,156

F1 · price: Includes 250 shares issued to the Reporting Person as compensation for his service as a director. Also includes 1,055 shares issued in connection with the Reporting Person's voluntary decision to receive shares in lieu of cash compensation for his service as a director, based on the $10.90 closing price of the common stock on December 29, 2017.

SEC source: 0001619685-18-000001 · primary_doc.xml · nonDerivative · entry 1

Baker Dana Blair · CIK 0001619685 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,511

F1 · price: Includes 250 shares to the Reporting Person as compensation for his services as a director. Also includes 1,261 shares issued in connection with the Reporting Person's voluntary decision to receive shares in lieu of cash compensation for his services as a director, based on the $10.90 closing price of the common stock on December 29, 2017.

SEC source: 0001480140-17-000006 · primary_doc.xml · nonDerivative · entry 1

Weinberg Michael · CIK 0001480140 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 55,249

F1 · price: Includes 250 shares to the Reporting Person as compensation for his service as a director. Also includes 1,069 shares issued in connection with the Reporting Person's voluntary decision to receive shares in lieu of cash compensation for his service as a director, based on the $11.23 closing price of the common stock on September 29, 2017.

SEC source: 0001619039-17-000005 · primary_doc.xml · nonDerivative · entry 1

Haga Christopher W · CIK 0001619039 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,851

F1 · price: Includes 250 shares issued to the Reporting Person as compensation for his service as a director. Also includes 1,024 shares issued in connection with the Reporting Person's voluntary decision to receive shares in lieu of cash compensation for his service as a director, based on the $11.23 closing price of the common stock on September 29, 2017.

SEC source: 0001619685-17-000005 · primary_doc.xml · nonDerivative · entry 1

Baker Dana Blair · CIK 0001619685 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,000

F1 · price: Includes 250 shares to the Reporting Person as compensation for his service as a director. Also includes 1,224 shares issued in connection with the Reporting Person's voluntary decision to receive shares in lieu of cash compensation for his service as a director, based on the $11.23 closing price of the common stock on September 29, 2017.

SEC source: 0001187788-17-000005 · primary_doc.xml · nonDerivative · entry 1

STEAD EDWARD B · CIK 0001187788 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,208

F1 · price: Includes 250 shares issued to the Reporting Person as compensation for his service as a director, based on the $11.23 closing price of the common stock on September 29, 2017.

SEC source: 0001187788-17-000004 · primary_doc.xml · nonDerivative · entry 1

STEAD EDWARD B · CIK 0001187788 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,958

F1 · price: Includes 250 shares issued to the Reporting Person as compensation for his service as a director. Also includes 1,290 shares issued in connection with the Reporting Person's voluntary decision to receive shares in lieu of cash compensation for his service as a director, based on the $11.05 closing price of the common stock on June 30, 2017.

SEC source: 0001619039-17-000004 · primary_doc.xml · nonDerivative · entry 1

Haga Christopher W · CIK 0001619039 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,577

F1 · price: Includes 250 shares issued to the Reporting Person as compensation for his service as a director. Also includes 1,041 shares issued in connection with the Reporting Person's voluntary decision to receive shares in lieu of cash compensation for his service as a director, based on the $11.05 closing price of the common stock on June 30, 2017.

SEC source: 0001619685-17-000004 · primary_doc.xml · nonDerivative · entry 1

Baker Dana Blair · CIK 0001619685 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,525

F1 · price: Includes 250 shares issued to the Reporting Person as compensation for his service as a director. Also includes 1,244 shares issued in connection with the Reporting Person's voluntary decision to receive shares in lieu of cash compensation for his service as a director, based on the $11.05 closing price of the common stock on June 30, 2017.

SEC source: 0001480140-17-000005 · primary_doc.xml · nonDerivative · entry 1

Weinberg Michael · CIK 0001480140 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 53,931

F1 · price: Includes 250 shares issued to the Reporting Person as compensation for his service as a director. Also includes 1,086 shares issued in connection with the Reporting Person's voluntary decision to receive shares in lieu of cash compensation for his service as a director, based on the $11.05 closing price of the common stock on June 30, 2017.

SEC source: 0001550168-17-000002 · primary_doc.xml · nonDerivative · entry 2

BLACK WINSTON L III · CIK 0001550168 · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,994

SEC source: 0001140361-17-021728 · doc1.xml · nonDerivative · entry 2

CARLSON CAPITAL L P · CIK 0001056973 · 10% owner · See Remarks

DOUBLE BLACK DIAMOND, L.P. · CIK 0001056352 · Director · 10% owner · See Remarks

Asgard Investment Corp. · CIK 0001404557 · Director · 10% owner · See Remarks

Carlson Clint Duane · CIK 0001404625 · Director · 10% owner · See Remarks

Double Black Diamond Offshore Ltd · CIK 0001404976 · Director · 10% owner · See Remarks

Black Diamond Offshore Ltd. · CIK 0001452364 · Director · 10% owner · See Remarks

Asgard Investment Corp. II · CIK 0001503915 · Director · 10% owner · See Remarks

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 9,093,766

F1 · ownership.nature: The shares of Common Stock of SWK Holdings Corp described herein were acquired directly, and held beneficially, by Double Black Diamond Offshore Ltd., a Cayman Islands exempted company ("DOF"), and Black Diamond Offshore Ltd., a Cayman Islands exempted company ("OFF"). Carlson Capital, L.P., a Delaware limited partnership ("Carlson"), serves as investment manager to, and has the power to direct the affairs of, DOF and OFF. Carlson also serves as the investment manager, with the power to direct the affairs, of Double Black Diamond, L.P., a Delaware limited partnership ("DBD LP"), which did not acquire or dispose of any securities in connection with the transactions reported herein, but which holds a warrant exercisable for 1,000,000 shares of Common Stock. (Continued in Footnote 2).

F2 · ownership.nature: Asgard Investment Corp. II, a Delaware corporation ("Asgard II"), serves as general partner, and has the power to direct the affairs, of Carlson. Asgard Investment Corp., a Delaware corporation ("Asgard"), is the sole stockholder, and has the power to direct the affairs, of Asgard II. Clint D. Carlson, a U.S. citizen ("Mr. Carlson"), serves as president, and has the power to direct the affairs, of Asgard II, Asgard and Carlson. Each reporting person disclaims beneficial ownership of the securities to which this Form 4 relates for the purposes of Section 16 of the Securities and Exchange Act of 1934, as amended, except to the extent of such reporting person's pecuniary interest therein.

SEC source: 0001550168-17-000002 · primary_doc.xml · nonDerivative · entry 1

BLACK WINSTON L III · CIK 0001550168 · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,594

SEC source: 0001140361-17-021728 · doc1.xml · nonDerivative · entry 1

CARLSON CAPITAL L P · CIK 0001056973 · 10% owner · See Remarks

DOUBLE BLACK DIAMOND, L.P. · CIK 0001056352 · Director · 10% owner · See Remarks

Asgard Investment Corp. · CIK 0001404557 · Director · 10% owner · See Remarks

Carlson Clint Duane · CIK 0001404625 · Director · 10% owner · See Remarks

Double Black Diamond Offshore Ltd · CIK 0001404976 · Director · 10% owner · See Remarks

Black Diamond Offshore Ltd. · CIK 0001452364 · Director · 10% owner · See Remarks

Asgard Investment Corp. II · CIK 0001503915 · Director · 10% owner · See Remarks

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 9,085,619

F1 · ownership.nature: The shares of Common Stock of SWK Holdings Corp described herein were acquired directly, and held beneficially, by Double Black Diamond Offshore Ltd., a Cayman Islands exempted company ("DOF"), and Black Diamond Offshore Ltd., a Cayman Islands exempted company ("OFF"). Carlson Capital, L.P., a Delaware limited partnership ("Carlson"), serves as investment manager to, and has the power to direct the affairs of, DOF and OFF. Carlson also serves as the investment manager, with the power to direct the affairs, of Double Black Diamond, L.P., a Delaware limited partnership ("DBD LP"), which did not acquire or dispose of any securities in connection with the transactions reported herein, but which holds a warrant exercisable for 1,000,000 shares of Common Stock. (Continued in Footnote 2).

F2 · ownership.nature: Asgard Investment Corp. II, a Delaware corporation ("Asgard II"), serves as general partner, and has the power to direct the affairs, of Carlson. Asgard Investment Corp., a Delaware corporation ("Asgard"), is the sole stockholder, and has the power to direct the affairs, of Asgard II. Clint D. Carlson, a U.S. citizen ("Mr. Carlson"), serves as president, and has the power to direct the affairs, of Asgard II, Asgard and Carlson. Each reporting person disclaims beneficial ownership of the securities to which this Form 4 relates for the purposes of Section 16 of the Securities and Exchange Act of 1934, as amended, except to the extent of such reporting person's pecuniary interest therein.

SEC source: 0001140361-17-021227 · doc1.xml · nonDerivative · entry 3

CARLSON CAPITAL L P · CIK 0001056973 · 10% owner · See Remarks

DOUBLE BLACK DIAMOND, L.P. · CIK 0001056352 · Director · 10% owner · See Remarks

Asgard Investment Corp. · CIK 0001404557 · Director · 10% owner · See Remarks

Carlson Clint Duane · CIK 0001404625 · Director · 10% owner · See Remarks

Double Black Diamond Offshore Ltd · CIK 0001404976 · Director · 10% owner · See Remarks

Black Diamond Offshore Ltd. · CIK 0001452364 · Director · 10% owner · See Remarks

Asgard Investment Corp. II · CIK 0001503915 · Director · 10% owner · See Remarks

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 9,084,019

F1 · ownership.nature: The shares of Common Stock of SWK Holdings Corp described herein were acquired directly, and held beneficially, by Double Black Diamond Offshore Ltd., a Cayman Islands exempted company ("DOF"), and Black Diamond Offshore Ltd., a Cayman Islands exempted company ("OFF"). Carlson Capital, L.P., a Delaware limited partnership ("Carlson"), serves as investment manager to, and has the power to direct the affairs of, DOF and OFF. Carlson also serves as the investment manager, with the power to direct the affairs, of Double Black Diamond, L.P., a Delaware limited partnership ("DBD LP"), which did not acquire or dispose of any securities in connection with the transactions reported herein, but which holds a warrant exercisable for 1,000,000 shares of Common Stock. (Continued in Footnote 2).

F2 · ownership.nature: Asgard Investment Corp. II, a Delaware corporation ("Asgard II"), serves as general partner, and has the power to direct the affairs, of Carlson. Asgard Investment Corp., a Delaware corporation ("Asgard"), is the sole stockholder, and has the power to direct the affairs, of Asgard II. Clint D. Carlson, a U.S. citizen ("Mr. Carlson"), serves as president, and has the power to direct the affairs, of Asgard II, Asgard and Carlson. Each reporting person disclaims beneficial ownership of the securities to which this Form 4 relates for the purposes of Section 16 of the Securities and Exchange Act of 1934, as amended, except to the extent of such reporting person's pecuniary interest therein.

SEC source: 0001140361-17-021227 · doc1.xml · nonDerivative · entry 2

CARLSON CAPITAL L P · CIK 0001056973 · 10% owner · See Remarks

DOUBLE BLACK DIAMOND, L.P. · CIK 0001056352 · Director · 10% owner · See Remarks

Asgard Investment Corp. · CIK 0001404557 · Director · 10% owner · See Remarks

Carlson Clint Duane · CIK 0001404625 · Director · 10% owner · See Remarks

Double Black Diamond Offshore Ltd · CIK 0001404976 · Director · 10% owner · See Remarks

Black Diamond Offshore Ltd. · CIK 0001452364 · Director · 10% owner · See Remarks

Asgard Investment Corp. II · CIK 0001503915 · Director · 10% owner · See Remarks

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 9,083,519

F1 · ownership.nature: The shares of Common Stock of SWK Holdings Corp described herein were acquired directly, and held beneficially, by Double Black Diamond Offshore Ltd., a Cayman Islands exempted company ("DOF"), and Black Diamond Offshore Ltd., a Cayman Islands exempted company ("OFF"). Carlson Capital, L.P., a Delaware limited partnership ("Carlson"), serves as investment manager to, and has the power to direct the affairs of, DOF and OFF. Carlson also serves as the investment manager, with the power to direct the affairs, of Double Black Diamond, L.P., a Delaware limited partnership ("DBD LP"), which did not acquire or dispose of any securities in connection with the transactions reported herein, but which holds a warrant exercisable for 1,000,000 shares of Common Stock. (Continued in Footnote 2).

F2 · ownership.nature: Asgard Investment Corp. II, a Delaware corporation ("Asgard II"), serves as general partner, and has the power to direct the affairs, of Carlson. Asgard Investment Corp., a Delaware corporation ("Asgard"), is the sole stockholder, and has the power to direct the affairs, of Asgard II. Clint D. Carlson, a U.S. citizen ("Mr. Carlson"), serves as president, and has the power to direct the affairs, of Asgard II, Asgard and Carlson. Each reporting person disclaims beneficial ownership of the securities to which this Form 4 relates for the purposes of Section 16 of the Securities and Exchange Act of 1934, as amended, except to the extent of such reporting person's pecuniary interest therein.

SEC source: 0001140361-17-021227 · doc1.xml · nonDerivative · entry 1

CARLSON CAPITAL L P · CIK 0001056973 · 10% owner · See Remarks

DOUBLE BLACK DIAMOND, L.P. · CIK 0001056352 · Director · 10% owner · See Remarks

Asgard Investment Corp. · CIK 0001404557 · Director · 10% owner · See Remarks

Carlson Clint Duane · CIK 0001404625 · Director · 10% owner · See Remarks

Double Black Diamond Offshore Ltd · CIK 0001404976 · Director · 10% owner · See Remarks

Black Diamond Offshore Ltd. · CIK 0001452364 · Director · 10% owner · See Remarks

Asgard Investment Corp. II · CIK 0001503915 · Director · 10% owner · See Remarks

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 9,073,519

F1 · ownership.nature: The shares of Common Stock of SWK Holdings Corp described herein were acquired directly, and held beneficially, by Double Black Diamond Offshore Ltd., a Cayman Islands exempted company ("DOF"), and Black Diamond Offshore Ltd., a Cayman Islands exempted company ("OFF"). Carlson Capital, L.P., a Delaware limited partnership ("Carlson"), serves as investment manager to, and has the power to direct the affairs of, DOF and OFF. Carlson also serves as the investment manager, with the power to direct the affairs, of Double Black Diamond, L.P., a Delaware limited partnership ("DBD LP"), which did not acquire or dispose of any securities in connection with the transactions reported herein, but which holds a warrant exercisable for 1,000,000 shares of Common Stock. (Continued in Footnote 2).

F2 · ownership.nature: Asgard Investment Corp. II, a Delaware corporation ("Asgard II"), serves as general partner, and has the power to direct the affairs, of Carlson. Asgard Investment Corp., a Delaware corporation ("Asgard"), is the sole stockholder, and has the power to direct the affairs, of Asgard II. Clint D. Carlson, a U.S. citizen ("Mr. Carlson"), serves as president, and has the power to direct the affairs, of Asgard II, Asgard and Carlson. Each reporting person disclaims beneficial ownership of the securities to which this Form 4 relates for the purposes of Section 16 of the Securities and Exchange Act of 1934, as amended, except to the extent of such reporting person's pecuniary interest therein.

SEC source: 0001187788-17-000003 · primary_doc.xml · nonDerivative · entry 1

STEAD EDWARD B · CIK 0001187788 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,418

F1 · price: Includes 250 shares issued to the Reporting Person as compensation for his service as a director. Also includes 1,364 shares issued in connection with the Reporting Person's voluntary decision to receive shares in lieu of cash compensation for his service as a director, based on the $10.45 closing price of the common stock on March 31, 2017.

SEC source: 0001480140-17-000003 · primary_doc.xml · nonDerivative · entry 1

Weinberg Michael · CIK 0001480140 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 52,595

F1 · price: Includes 250 shares issued to the Reporting Person as compensation for his service as a director. Also includes 1,148 shares issued in connection with the Reporting Person's voluntary decision to receive shares in lieu of cash compensation for his service as a director, based on the $10.45 closing price of the common stock on March 31, 2017.

SEC source: 0001619039-17-000003 · primary_doc.xml · nonDerivative · entry 1

Haga Christopher W · CIK 0001619039 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,286

F1 · price: Includes 250 shares issued to the Reporting Person as compensation for his service as a director. Also includes 1,100 shares issued in connection with the Reporting Person's voluntary decision to receive shares in lieu of cash compensation for his service as a director, based on the $10.45 closing price of the common stock on March 31, 2017.

SEC source: 0001619685-17-000003 · primary_doc.xml · nonDerivative · entry 1

Baker Dana Blair · CIK 0001619685 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,031

F1 · price: 1. Includes 250 shares issued to the Reporting Person as compensation for his service as a director. Also includes 1,316 shares issued in connection with the Reporting Person's voluntary decision to receive shares in lieu of cash compensation for his service as a director, based on the $10.45 closing price of the common stock on March 31, 2017.

SEC source: 0001480140-17-000001 · primary_doc.xml · nonDerivative · entry 1

Weinberg Michael · CIK 0001480140 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 51,197

F1 · price: Includes 250 shares issued to the Reporting Person as compensation for his service as a director. Also includes 1,154 shares issued in connection with the Reporting Person's voluntary decision to receive shares in lieu of cash compensation for his service as a director, based on the $10.40 closing price of the common stock on December 30, 2016.

SEC source: 0001619039-17-000001 · primary_doc.xml · nonDerivative · entry 1

Haga Christopher W · CIK 0001619039 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,936

F1 · price: Includes 250 shares issued to the Reporting Person as compensation for his service as a director. Also includes 1,106 shares issued in connection with the Reporting Person's voluntary decision to receive shares in lieu of cash compensation for his service as a director, based on the $10.40 closing price of the common stock on December 30, 2016.

SEC source: 0001187788-17-000001 · primary_doc.xml · nonDerivative · entry 1

STEAD EDWARD B · CIK 0001187788 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,804

F1 · price: Includes 250 shares issued to the Reporting Person as compensation for his service as a director. Also includes 1,370 shares issued in connection with the Reporting Person's voluntary decision to receive shares in lieu of cash compensation for his service as a director, based on the $10.40 closing price of the common stock on December 30, 2016.

SEC source: 0001619685-17-000001 · primary_doc.xml · nonDerivative · entry 1

Baker Dana Blair · CIK 0001619685 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,465

F1 · price: Includes 250 shares issued to the Reporting Person as compensation for his service as a director. Also includes 1,322 shares issued in connection with the Reporting Person's voluntary decision to receive shares in lieu of cash compensation for his service as a director, based on the $10.40 closing price of the common stock on December 30, 2016.

SEC source: 0001552781-16-001968 · e00515_weinberg-form4.xml · nonDerivative · entry 1

Weinberg Michael · CIK 0001480140 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 49,793

F1 · price: Includes 250 shares issued to the Reporting Person as compensation for his service as a director. Also include 1,230 shares issued in connection with the Reporting Person's voluntary decision to receive shares in lieu of cash compensation for his service as a director, based on the $9.76 closing price of the common stock on September 30, 2016.

SEC source: 0001552781-16-001967 · e00514_stead-form4.xml · nonDerivative · entry 1

STEAD EDWARD B · CIK 0001187788 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,184

F1 · price: Includes 250 shares issued to the Reporting Person as compensation for his service as a director. Also include 1,460 shares issued in connection with the Reporting Person's voluntary decision to receive shares in lieu of cash compensation for his service as a director, based on the $9.76 closing price of the common stock on September 30, 2016.

SEC source: 0001552781-16-001966 · e00513_haga-form4.xml · nonDerivative · entry 1

Haga Christopher W · CIK 0001619039 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,580

F1 · price: Includes 250 shares issued to the Reporting Person as compensation for his service as a director. Also include 1,178 shares issued in connection with the Reporting Person's voluntary decision to receive shares in lieu of cash compensation for his service as a director, based on the $9.76 closing price of the common stock on September 30, 2016.

SEC source: 0001552781-16-001965 · e00512_baker-form4.xml · nonDerivative · entry 1

Baker Dana Blair · CIK 0001619685 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,893

F1 · price: Includes 250 shares issued to the Reporting Person as compensation for his service as a director. Also include 1,409 shares issued in connection with the Reporting Person's voluntary decision to receive shares in lieu of cash compensation for his service as a director, based on the $9.76 closing price of the common stock on September 30, 2016.