4//SEC Filing
Capitala Finance Corp. 4
Accession 0001144204-15-055341
CIK 0001571329operating
Filed
Sep 15, 8:00 PM ET
Accepted
Sep 16, 7:04 PM ET
Size
8.5 KB
Accession
0001144204-15-055341
Insider Transaction Report
Form 4
Wheelahan Richard
Chief Compliance Officer
Transactions
- Exercise/Conversion
Common Stock
2015-09-15+3,000→ 8,837 total - Exercise/Conversion
Awards
2015-09-15−3,000→ 24,000 total→ Common Stock, par value $0.01 per share (3,000 underlying)
Footnotes (2)
- [F1]On February 26, 2015, Mr. Wheelahan was granted Awards with respect to 27,000 shares of Capitala Finance Corp.'s (the "Issuer") common stock held by Capitala Restricted Shares I, LLC ("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 (the "Plan"). The Plan and this acquisition were previously approved by the Issuer's Board of Directors. On September 15, 2015, CRS distributed to Mr. Wheelahan 3,000 shares of the Issuer's common stock in accordance with the vesting schedule under the Plan. Additional Awards under the Plan are scheduled to vest as follows: 10% on September 25, 2016, 30% on September 25, 2017 and 40% on September 25, 2018. Upon settlement, the additional Awards will become payable on a one-for-one basis in shares of the Issuer's common stock.
- [F2]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
- Sep 15, 8:00 PM ET
- Accepted
- Sep 16, 7:04 PM ET
- Size
- 8.5 KB