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4//SEC Filing

Capitala Finance Corp. 4

Accession 0001144204-15-065699

CIK 0001571329operating

Filed

Nov 15, 7:00 PM ET

Accepted

Nov 16, 11:39 AM ET

Size

7.4 KB

Accession

0001144204-15-065699

Insider Transaction Report

Form 4
Period: 2015-11-13
Arnall Stephen A.
Chief Financial Officer
Transactions
  • Purchase

    Common Stock

    2015-11-13$13.50/sh+750$10,1258,785 total
Holdings
  • Awards

    Common Stock, par value $0.01 per share (14,000 underlying)
    14,000
Footnotes (2)
  • [F1]As of November 13, 2015, Mr. Arnall holds Awards with respect to 14,000 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 Amended and Restated 2015 Equity Compensation Plan, dated September 18, 2015 (the "Plan"). The Plan was previously approved by the Issuer's Board of Directors. Outstanding 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 letters to Babson Capital Management LLC (pub. avail. Dec. 14, 2006) and Carlyle GMS Finance, Inc. (pub. avail. Oct. 8, 2015), an employee benefit plan sponsored by an investment adviser (or an affiliated person of an investment adviser) to a registered closed-end investment company or a business development company regulated under the Investment Company Act of 1940, as amended, that offers plan participants equity securities of such registered closed-end investment company or business development 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.

Issuer

Capitala Finance Corp.

CIK 0001571329

Entity typeoperating

Related Parties

1
  • filerCIK 0001571329

Filing Metadata

Form type
4
Filed
Nov 15, 7:00 PM ET
Accepted
Nov 16, 11:39 AM ET
Size
7.4 KB