4//SEC Filing
Capitala Finance Corp. 4
Accession 0001144204-15-013316
CIK 0001571329operating
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 4:35 PM ET
Size
8.3 KB
Accession
0001144204-15-013316
Insider Transaction Report
Form 4
McGlinn John F.
COO, Secretary and Treasurer
Transactions
- Award
Awards
2015-02-26+125,970→ 125,970 total→ Common Stock, par value $0.01 per share (125,970 underlying)
Holdings
- 68,080
Common Stock
- 0(indirect: By LLC)
Common Stock
Footnotes (3)
- [F1]Mr. McGlinn previously inadvertantly reported having indirect beneficial ownership of 112,500 shares of Capitala Finance Corp. (the "Issuer") through Capitala Restricted Shares I, LLC ("CRS"). However, Mr. McGlinn does not have any ownership interest in CRS and Mr. McGlinn does not have any control over CRS. As a result, Mr. McGlinn does not have an indirect beneficial ownership interest in any shares of the Issuer held by CRS.
- [F2]Receipt by Mr. McGlinn of Awards with respect to 125,970 shares held by CRS, which is controlled by Joseph B. Alala, III and is an affiliate of Capitala Investment Advisors, LLC, pursuant to CRS's 2015 Equity Compensation Plan, dated February 26, 2015. Shares of the Issuer's common stock underlying the Awards are scheduled to vest in installments of 10% on September 25, 2015, 10% on September 25, 2016, 30% on September 25, 2017 and 40% on September 25, 2018. Upon settlement, the Awards will become payable on a one-for-one basis in shares of the Issuer's common stock.
- [F3]Pursuant to the SEC staff no-action letter to Babson Capital Management LLC (pub. Avail. Dec. 14, 2006), an employee benefit plans sponsored by an investment adviser (or an affiliated person of an investment adviser) to a closed-end investment company regulated under the Investment Company Act of 1940, as amended, that offers plan participants equity securities of such investment company is considered an "employee benefit plan sponsored by the issuer" for the purposes of Rule 16b-3 under the Securities Exchange Act of 1934, as amended.
Documents
Issuer
Capitala Finance Corp.
CIK 0001571329
Entity typeoperating
Related Parties
1- filerCIK 0001571329
Filing Metadata
- Form type
- 4
- Filed
- Mar 1, 7:00 PM ET
- Accepted
- Mar 2, 4:35 PM ET
- Size
- 8.3 KB