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4//SEC Filing

Eagle Point Credit GP I LP 4

Accession 0001104659-21-052121

CIK 0001495222other
View on SEC.govCompany Profile

Filed

Apr 18, 8:00 PM ET

Accepted

Apr 19, 9:20 PM ET

Size

22.0 KB

Accession

0001104659-21-052121

Insider Transaction Report

Form 4
Period: 2021-04-15
Oxford Lane Capital Corp.OXLC
Eagle Point Credit Management LLC
10% Owner
Transactions
  • Sale

    6.75% Notes due 2031 (OXLCL)

    2021-04-19$302192.79/sh−300,400$90,778,714,116→ 21,250,800 total(indirect: See footnotes)
  • Other

    7.50% Series 2023 Term Preferred Stock (OXLCO)

    2021-04-15$25.00/sh−1,544$38,600→ 0 total
  • Sale

    6.75% Notes due 2031 (OXLCL)

    2021-04-15$751310.38/sh−743,800$558,824,660,644→ 22,698,700 total(indirect: See footnotes)
  • Sale

    6.75% Notes due 2031 (OXLCL)

    2021-04-16$1153118.16/sh−1,147,500$1,323,203,088,600→ 21,551,200 total(indirect: See footnotes)
Holdings

  • 6.75% Series 2024 Term Preferred Stock (OXLCM)

    (indirect: See footnotes)
    366,666

  • 6.75% Series 2024 Term Preferred Stock (OXLCM)

    9,450

  • 6.25% Series 2027 Term Preferred Stock (OXLCP)

    11,000

  • 6.25% Series 2027 Term Preferred Stock (OXLCP)

    (indirect: See footnotes)
    632,806
Eagle Point DIF GP I LLC
10% Owner
Transactions
  • Sale

    6.75% Notes due 2031 (OXLCL)

    2021-04-19$302192.79/sh−300,400$90,778,714,116→ 21,250,800 total(indirect: See footnotes)
  • Sale

    6.75% Notes due 2031 (OXLCL)

    2021-04-16$1153118.16/sh−1,147,500$1,323,203,088,600→ 21,551,200 total(indirect: See footnotes)
  • Sale

    6.75% Notes due 2031 (OXLCL)

    2021-04-15$751310.38/sh−743,800$558,824,660,644→ 22,698,700 total(indirect: See footnotes)
  • Other

    7.50% Series 2023 Term Preferred Stock (OXLCO)

    2021-04-15$25.00/sh−1,544$38,600→ 0 total
Holdings

  • 6.75% Series 2024 Term Preferred Stock (OXLCM)

    9,450

  • 6.25% Series 2027 Term Preferred Stock (OXLCP)

    11,000

  • 6.75% Series 2024 Term Preferred Stock (OXLCM)

    (indirect: See footnotes)
    366,666

  • 6.25% Series 2027 Term Preferred Stock (OXLCP)

    (indirect: See footnotes)
    632,806
Majewski Thomas P.
10% Owner
Transactions
  • Other

    7.50% Series 2023 Term Preferred Stock (OXLCO)

    2021-04-15$25.00/sh−1,544$38,600→ 0 total
  • Sale

    6.75% Notes due 2031 (OXLCL)

    2021-04-15$751310.38/sh−743,800$558,824,660,644→ 22,698,700 total(indirect: See footnotes)
  • Sale

    6.75% Notes due 2031 (OXLCL)

    2021-04-16$1153118.16/sh−1,147,500$1,323,203,088,600→ 21,551,200 total(indirect: See footnotes)
  • Sale

    6.75% Notes due 2031 (OXLCL)

    2021-04-19$302192.79/sh−300,400$90,778,714,116→ 21,250,800 total(indirect: See footnotes)
Holdings

  • 6.25% Series 2027 Term Preferred Stock (OXLCP)

    11,000

  • 6.75% Series 2024 Term Preferred Stock (OXLCM)

    9,450

  • 6.75% Series 2024 Term Preferred Stock (OXLCM)

    (indirect: See footnotes)
    366,666

  • 6.25% Series 2027 Term Preferred Stock (OXLCP)

    (indirect: See footnotes)
    632,806
Eagle Point Credit GP I LP
10% Owner
Transactions
  • Other

    7.50% Series 2023 Term Preferred Stock (OXLCO)

    2021-04-15$25.00/sh−1,544$38,600→ 0 total
  • Sale

    6.75% Notes due 2031 (OXLCL)

    2021-04-19$302192.79/sh−300,400$90,778,714,116→ 21,250,800 total(indirect: See footnotes)
  • Sale

    6.75% Notes due 2031 (OXLCL)

    2021-04-15$751310.38/sh−743,800$558,824,660,644→ 22,698,700 total(indirect: See footnotes)
  • Sale

    6.75% Notes due 2031 (OXLCL)

    2021-04-16$1153118.16/sh−1,147,500$1,323,203,088,600→ 21,551,200 total(indirect: See footnotes)
Holdings

  • 6.25% Series 2027 Term Preferred Stock (OXLCP)

    (indirect: See footnotes)
    632,806

  • 6.75% Series 2024 Term Preferred Stock (OXLCM)

    9,450

  • 6.25% Series 2027 Term Preferred Stock (OXLCP)

    11,000

  • 6.75% Series 2024 Term Preferred Stock (OXLCM)

    (indirect: See footnotes)
    366,666
Footnotes (10)
  • [F1]The securities were called for redemption by the Issuer at a price equal to their liquidation preference price (plus accrued but unpaid dividends). Thomas P. Majewski directly owned the securities in his personal capacity. None of the other Reporting Persons had a pecuniary interest in these securities.
  • [F10]Each of the Reporting Persons hereby disclaims beneficial ownership of the securities described in this report pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934 (except, with respect to Mr. Majewski, to the extent of his direct pecuniary interest therein) and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of any of the reported securities for purposes of Section 16 or for any other purpose.
  • [F2]The amount reported reflects the aggregate principal amount of the securities.
  • [F3]The price reported reflects the aggregate purchase price. These securities were sold in multiple transactions at prices ranging from $25.23 to $25.34 per Note, inclusive, at a weighted average price of $25.25 per Note. Upon request by the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer, the reporting person undertakes to provide full information regarding the number of shares purchased at each separate price within the ranges set forth in footnotes (3), (4), and (5) to this Form 4.
  • [F4]The price reported reflects the aggregate purchase price. These securities were sold in multiple transactions at prices ranging from $25.10 to $25.20 per Note, inclusive, at a weighted average price of $25.12 per Note.
  • [F5]The price reported reflects the aggregate purchase price. These securities were sold in multiple transactions at prices ranging from $25.10 to $25.25 per Note, inclusive, at a weighted average price of $25.15 per Note.
  • [F6]The securities are directly owned by certain private investment funds (the "Funds") and certain separately-managed client accounts (the "Accounts"). Eagle Point Credit GP I LP and Eagle Point DIF GP I LLC (together, the "General Partners") serve as general partner to one or more of the Funds. Accordingly, the General Partners could be deemed to have an indirect pecuniary interest in the securities held by the Fund(s) for which they serve as general partner. Eagle Point Credit Management LLC ("EPCM") serves as investment manager to the Accounts and, due to the nature of the advisory relationship, could be deemed to have an indirect pecuniary interest in the securities held by each of the Accounts.
  • [F7]Eagle Point Holdings LP ("EP Holdings") is the parent company of each of the General Partners and EPCM. Thomas P. Majewski has certain economic rights with respect to EP Holdings (and EPCM) that could be deemed to give rise to an indirect pecuniary interest in the securities held by the Funds and the Accounts. Among the Reporting Persons, each of Eagle Point Credit GP I LP and Mr. Majewski could be deemed to have an indirect pecuniary interest in the Notes sold on April 15, 16, and 19, as reported herein.
  • [F8]Thomas P. Majewski directly owns the securities in his personal capacity. None of the other Reporting Persons has a pecuniary interest in these securities.
  • [F9]The securities are directly owned by the Funds and the Accounts. Accordingly, for the reasons described above in footnotes 6 and 7, the General Partners, EPCM, and Mr. Majewski could be deemed to have an indirect pecuniary interest in the applicable securities.

Documents

1 file

Issuer

Oxford Lane Capital Corp.

CIK 0001495222

→
Entity typeother
IncorporatedCayman Islands

Related Parties

1
  • filerCIK 0001607205

Filing Metadata

Form type
4
Filed
Apr 18, 8:00 PM ET
Accepted
Apr 19, 9:20 PM ET
Size
22.0 KB
View on SEC.gov