4//SEC Filing
Sierra Total Return Fund 4
Accession 0001665056-17-000010
CIK 0001665056other
Filed
Jun 4, 8:00 PM ET
Accepted
Jun 5, 5:17 PM ET
Size
6.4 KB
Accession
0001665056-17-000010
Insider Transaction Report
Form 4
Taube Brook
Director
Transactions
- Purchase
Class T Shares of Beneficial Interest
2017-06-01$25.00/sh+80,000$2,000,000→ 80,000 total(indirect: By LLC)
Holdings
- 4,000(indirect: See Footnote 2)
Class T Shares of Beneficial Interest
Footnotes (2)
- [F1]On June 1, 2017, Medley Seed Funding II LLC, a limited liability company controlled by Medley LLC, purchased 80,000 Class T shares of beneficial interest. The reporting person, together with Seth Taube, controls Medley LLC. The reporting person disclaims beneficial ownership of the reported shares except to the extent of his pecuniary interest therein.
- [F2]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 Seth Taube, controls Medley LLC. The reporting person disclaims beneficial ownership of the reported shares except to the extent of his pecuniary interest therein.
Documents
Issuer
Sierra Total Return Fund
CIK 0001665056
Entity typeother
Related Parties
1- filerCIK 0001665056
Filing Metadata
- Form type
- 4
- Filed
- Jun 4, 8:00 PM ET
- Accepted
- Jun 5, 5:17 PM ET
- Size
- 6.4 KB