Sierra Total Return Fund 3
3 · Sierra Total Return Fund · Filed Nov 10, 2016
Insider Transaction Report
Form 3
Taube Seth
DirectorChief Executive Officer
Holdings
- 4,000(indirect: See Footnote)
Class T Shares of Beneficial Interest
Footnotes (1)
- [F1]On August 10, 2016, STRF Advisors LLC (the "Adviser") purchased 10,000 Class T shares of beneficial interest for an aggregate purchase price of $100,000. On November 4, 2016, the Board of Trustees approved a reverse split of beneficial interests in the Class T shares that resulted in a NAV of $25.00 per Class T share. As a result, the number of Class T shares owned by the Adviser was reduced from 10,000 to 4,000, effective as of November 4, 2016. The Adviser is controlled by Medley LLC. The reporting person, together with Brook Taube, controls Medley LLC. The reporting person disclaims beneficial ownership of the reported shares of common stock except to the extent of his pecuniary interest therein.