Cerny Jeffrey A 4
4 · OFS Credit Company, Inc. · Filed Oct 18, 2022
Insider Transaction Report
Form 4
Cerny Jeffrey A
DirectorDirector and CFO
Transactions
- Other
Common Stock
2022-10-14+452→ 10,543 total(indirect: By LLC) - Other
Common Stock
2022-10-14+1,114→ 17,919 total - Other
Common Stock
2022-10-14+6,333→ 147,672 total(indirect: By LLC)
Footnotes (3)
- [F1]On September 1, 2022, the Issuer's board of directors declared a $0.55 per share quarterly distribution (the "Dividend") for the quarter ending October 31, 2022, payable to holders of record of common stock on September 13, 2022 (each, a "Stockholder"). The Dividend will be paid in cash or shares of the Issuer's common stock at the election of each Stockholder. The total amount of cash distributed to all Stockholders will be limited to 20% of the total Dividend, excluding any cash paid for fractional shares. The remainder of the Dividend (approximately 80%) will be paid in the form of shares of the Issuer's common stock. In connection with the Dividend, Mr. Cerny, Orchard First Source Asset Management, LLC ("OFSAM") and OFS Funding I, LLC will receive 1,114, 6,333 and 452 shares of common stock, respectively, as of October 31, 2022.
- [F2]These securities are held by OFSAM. Mr. Cerny has an ownership interest in OFSAM. As a result, Mr. Cerny may be deemed to beneficially own the securities held by OFSAM.
- [F3]These securities are held by OFS Funding I, LLC, which is owned by OFSAM. Mr. Cerny has an ownership interest in OFSAM. As a result, Mr. Cerny may be deemed to beneficially own the securities held by OFS Funding I, LLC by virtue of his ownership interest in OFSAM and, indirectly, OFS Funding I, LLC.