13D Filing: Main Street Capital Corp and Glowpoint Inc. (NYSEMKT:GLOW)

Page 4 of 6 – SEC Filing

 

CUSIP No. 379887201

 

The following constitutes Amendment No. 4 to the Schedule 13D filed by the undersigned (Amendment No. 4). This Amendment No. 4 amends the Schedule 13D as specifically set forth herein.

 

Item 4.                      Purpose of Transaction.

 

Item 4 is hereby amended to add the following thereto:

 

Main Street Capital Corporation (MSCC) has been in discussions with the Issuer regarding the secured loan that MSCC previously provided to the Issuer.  Such discussions have included a potential repurchase of the loan by the Issuer, the refinancing and restructuring of the loan and the possible repurchase of shares of Common Stock beneficially owned by MSCC and its subsidiaries by the Issuer.

 

Item 5.                      Interest in Securities of the Issuer.

 

Item 5 is hereby amended and restated to read as follows:

 

The aggregate percentage of Common Stock reported owned by each person named herein is based upon 36,455,000 shares of Common Stock outstanding, as of November 1, 2016, which is the total number of shares of Common Stock outstanding as reported in the Issuers Form 10-Q filed with the Securities and Exchange Commission on November 4, 2016.

 

(a)               As of the date hereof, Main Street Equity Interests, Inc. directly owned 7,645,414 shares of Common Stock, representing approximately 21% of the shares of Common Stock outstanding.

 

As of the date hereof, MSCC directly owned zero shares of Common Stock. MSCC may be deemed to beneficially own 7,645,414 shares, 47,741 shares and 18,362 shares of Common Stock, representing approximately 21.2% of the shares of Common Stock outstanding, held by Main Street Equity Interests, Inc., Main Street Mezzanine Fund, LP and Main Street Capital II, LP, respectively. Main Street Equity Interests, Inc., Main Street Mezzanine Fund, LP and Main Street Capital II, LP are subsidiaries of MSCC. MSCC disclaims beneficial ownership of such shares.

 

(b)               Main Street Equity Interests, Inc. has shared power to vote and dispose of the shares of Common Stock it owns directly.

 

MSCC may be deemed to share with Main Street Equity Interests, Inc., Main Street Mezzanine Fund, LP and Main Street Capital II, LP, subsidiaries of MSCC, the power to vote and dispose of the Common Stock directly owned by Main Street Equity Interests, Inc., Main Street Mezzanine Fund, LP and Main Street Capital II, LP.

 

(c)               None of the Reporting Persons have entered into any transactions in the shares of Common Stock during the past sixty days.

 

(d)               No person other than the Reporting Persons is known to have the right to receive, or the power to direct the receipt of dividends from, or proceeds from the sale of, the shares of Common Stock it owns.

 

(e)               Not Applicable.

 

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