Cerny Jeffrey A 4
4 · OFS Credit Company, Inc. · Filed Oct 20, 2023
Insider Transaction Report
Form 4
Cerny Jeffrey A
DirectorDirector and CFO
Transactions
- Other
Common Stock
2023-10-18+1,690→ 23,139 total - Other
Common Stock
2023-10-18+9,517→ 188,601 total(indirect: By LLC)
Footnotes (2)
- [F1]On September 1, 2023, the Issuer's board of directors declared a $0.55 per share quarterly distribution (the "Dividend") for the quarter ending October 31, 2023, payable to holders of record of common stock on September 15, 2023 (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 and Orchard First Source Asset Management Holdings, LLC ("OFSAM Holdings") will receive 1,690 and 9,517 shares of common stock, respectively, as of October 31, 2023.
- [F2]These securities are held by OFSAM Holdings. Mr. Cerny has an ownership interest in OFSAM Holdings. As a result, Mr. Cerny may be deemed to beneficially own the securities held by OFSAM Holdings.