BROYHILL MARKHAM HUNT 4
4 · Capitala Finance Corp. · Filed Sep 25, 2017
Insider Transaction Report
Form 4
BROYHILL MARKHAM HUNT
Director
Transactions
- Exercise/Conversion
Common Stock
2017-09-25+16,010.4→ 97,548.4 total - Exercise/Conversion
Awards
2017-09-25−16,010.4→ 21,346.6 total→ Common Stock, par value $0.01 per share (16,010.4 underlying)
Holdings
- 134,857(indirect: via Claron Investments, LP)
Common Stock
- 300(indirect: By Spouse)
Common Stock
- 2,000(indirect: via Broyhill Memorial Park, Inc.)
Common Stock
- 19,580(indirect: By Foundation)
Common Stock
- 1,598(indirect: By Trust)
Common Stock
- 37,764(indirect: via Broyhill Investments, Inc.)
Common Stock
- 78,455(indirect: via BMC Fund, Inc.)
Common Stock
- 6,993(indirect: By Partnership)
Common Stock
- 1,324(indirect: By Trust)
Common Stock
Footnotes (2)
- [F1]Mr. Broyhill previously held Awards with respect to 37,357 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, 2017, CRS distributed to Mr. Broyhill 16,010.40 shares of the Issuer's common stock in accordance with the vesting schedule under the Plan. The remaining Awards under the Plan are scheduled to vest on September 25, 2018. Upon settlement, the remaining 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.