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4//SEC Filing

Capitala Finance Corp. 4

Accession 0001144204-16-087895

CIK 0001571329operating

Filed

Mar 13, 8:00 PM ET

Accepted

Mar 14, 5:18 PM ET

Size

7.5 KB

Accession

0001144204-16-087895

Insider Transaction Report

Form 4
Period: 2016-03-14
McGlinn John F.
COO, Secretary and Treasurer
Transactions
  • Purchase

    Common Stock

    2016-03-14$11.40/sh+2,190$24,96694,194 total
Holdings
  • Awards

    Common Stock, par value $0.01 per share (110,776 underlying)
    110,776
Footnotes (2)
  • [F1]As of the date of this report, Mr. McGlinn holds unvested Awards with respect to 110,776 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. Unvested 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 unvested 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
Mar 13, 8:00 PM ET
Accepted
Mar 14, 5:18 PM ET
Size
7.5 KB