4//SEC Filing
Capitala Finance Corp. 4
Accession 0001144204-16-125621
CIK 0001571329operating
Filed
Sep 26, 8:00 PM ET
Accepted
Sep 27, 7:49 PM ET
Size
8.7 KB
Accession
0001144204-16-125621
Insider Transaction Report
Form 4
McGlinn John F.
COO, Secretary and Treasurer
Transactions
- Exercise/Conversion
Awards
2016-09-25−13,847→ 96,929 total→ Common Stock, par value $0.01 per share (13,847 underlying) - Exercise/Conversion
Common Stock
2016-09-25+13,847→ 108,041 total
Footnotes (2)
- [F1]Mr. McGlinn previously held 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 2015 Amended and Restated Equity Compensation Plan, dated September 18, 2015 (the "Plan"). The Plan and this acquisition were previously approved by the Issuer's Board of Directors. On September 25, 2016, CRS distributed to Mr. McGlinn 13,847 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: 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 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.
Documents
Issuer
Capitala Finance Corp.
CIK 0001571329
Entity typeoperating
Related Parties
1- filerCIK 0001571329
Filing Metadata
- Form type
- 4
- Filed
- Sep 26, 8:00 PM ET
- Accepted
- Sep 27, 7:49 PM ET
- Size
- 8.7 KB