4//SEC Filing
Rashid Bilal 4
Accession 0001716951-23-000010
CIK 0001716951other
Filed
Jan 22, 7:00 PM ET
Accepted
Jan 23, 12:45 PM ET
Size
7.1 KB
Accession
0001716951-23-000010
Insider Transaction Report
Form 4
Rashid Bilal
DirectorPresident, Director and CEO
Transactions
- Other
Common Stock
2023-01-19+1,046→ 18,643 total - Other
Common Stock
2023-01-19+6,404→ 164,619 total(indirect: By LLC)
Footnotes (2)
- [F1]On December 1, 2022, the Issuer's board of directors declared a $0.55 per share quarterly distribution (the "Dividend") for the quarter ending January 31, 2023, payable to holders of record of common stock on December 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. Rashid and Orchard First Source Asset Management Holdings, LLC ("OFSAM Holdings") will receive 1,046 and 6,404 shares of common stock, respectively, as of January 31, 2023.
- [F2]These securities are held by OFSAM Holdings. Mr. Rashid has an ownership interest in OFSAM Holdings. As a result, Mr. Rashid may be deemed to beneficially own the securities held by OFSAM Holdings.
Documents
Issuer
OFS Credit Company, Inc.
CIK 0001716951
Entity typeother
Related Parties
1- filerCIK 0001521654
Filing Metadata
- Form type
- 4
- Filed
- Jan 22, 7:00 PM ET
- Accepted
- Jan 23, 12:45 PM ET
- Size
- 7.1 KB