Hickey Robert J. Form 5 First Eagle Credit Opportunities Fund / Robert J. Hickey ownership change

SEC Form 5

FORM 5

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Form 3 Holdings Reported.

X

Form 4 Transactions Reported.

1. Name and Address of Reporting Person^*

Hickey Robert J.

(Last) (First) (Middle)

227 W. MONROE ST.

SUITE 3800

(Street)

CHICAGO IL 60606

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
First Eagle Credit Opportunities Fund [ FECOF ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
Portfolio Manager

3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2022

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)	4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
				Amount	(A) or (D)	Price

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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
					(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Stock	(1)			3			(1)	(1)	Common Shares	2,831.123		2,831.123	D
Phantom Stock	(1)	06/30/2021		4A	25.592		(1)	(1)	Common Shares	25.592	$26.31	2,856.715	D
Phantom Stock	(1)	07/30/2021		4A	23.198		(1)	(1)	Common Shares	23.198	$26.28	2,879.913	D
Phantom Stock	(1)	08/31/2021		4A	17.526		(1)	(1)	Common Shares	17.526	$26.28	2,897.439	D
Phantom Stock	(1)	09/30/2021		4A	16.992		(1)	(1)	Common Shares	16.992	$26.4	2,914.431	D
Phantom Stock	(1)	10/29/2021		4A	17.645		(1)	(1)	Common Shares	17.645	$26.43	2,932.076	D
Phantom Stock	(1)	11/30/2021		4A	17.093		(1)	(1)	Common Shares	17.093	$26.36	2,949.169	D
Phantom Stock	(1)	12/01/2021		4A	8.985		(1)	(1)	Common Shares	8.985	$26.26	2,958.154	D
Phantom Stock	(1)	12/29/2021		4A	15.843		(1)	(1)	Common Shares	15.843	$26.14	2,973.997	D
Phantom Stock	(1)	12/31/2021		4A	18.016		(1)	(1)	Common Shares	18.016	$26.16	2,992.013	D
Phantom Stock	(1)	01/31/2022		4A	18.206		(1)	(1)	Common Shares	18.206	$26.13	3,010.219	D
Phantom Stock	(1)	02/28/2022		4A	16.167		(1)	(1)	Common Shares	16.167	$25.96	3,026.386	D
Phantom Stock	(1)	03/31/2022		4A	17.584		(1)	(1)	Common Shares	17.584	$25.84	3,043.97	D
Phantom Stock	(1)	04/01/2022		4D		24.481	(1)	(1)	Common Shares	24.481	$25.85	3,019.489	D
Phantom Stock	(1)	04/29/2022		4A	16.725		(1)	(1)	Common Shares	16.725	$25.66	3,036.214	D
Phantom Stock	(1)	05/31/2022		4A	17.839		(1)	(1)	Common Shares	17.839	$24.91	3,054.053	D

Explanation of Responses:

1. Each share of phantom stock represents the economic equivalent of one Common Share. The Reporting Person acquired these shares of phantom stock through the deferred compensation program of the Issuers investment adviser (the "Program"). Given certain operational considerations, this investment option is no longer an option under the Program, and such interest has been reallocated to other investment options in the Program not involving Common Shares.

Remarks:

This Form 5 is being filed to correctly report the separate acquisitions and dispositions of phantom stock by the Reporting Person under the Program, which had previously been reported as a single net acquisition by the Reporting Person on June 14, 2021, in the Form 4 filed by the Reporting Person on June 21, 2022.

	/s/Sabrina Rusnak-Carlson as Attorney-in-Fact	01/26/2023
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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