Home > Insider Trading > Filing (0001144204-14-010172)

Filing Details

Accession Number:: 0001144204-14-010172
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2014-02-18 09:16:19
Reporting Period:: 2014-02-14

Filing Date:: 2014-02-18
Accepted Time:: 2014-02-18 09:16:19
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1476765	Golub Capital Bdc Inc.	GBDC	()	272326940

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1298389	David Golub	1125 Park Ave. 15A New York NY 10128	Chief Executive Officer	Yes	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, Par Value $0.001 Per Share	Disposition	2014-02-14	1,135,853	$18.40	0	No	4	S	Indirect	By Golub Capital Company VI LLC

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	By Golub Capital Company VI LLC

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock, Par Value $0.001 Per Share	94,945	Direct
Common Stock, Par Value $0.001 Per Share	433,971	Indirect	By GCI Development LLC
Common Stock, Par Value $0.001 Per Share	6,118	Indirect	By Golub Capital LLC
Common Stock, Par Value $0.001 Per Share	3,493	Indirect	GEMS Associates LLC
Common Stock, Par Value $0.001 Per Share	59,223	Indirect	CDGQ LLC

Footnotes

Mr. Golub is a control person of Golub Capital LLC, the investment adviser of Golub Capital Company VI LLC ("GCCVI"). Due to his control of and ownership interest in GCCVI, which previously owned 1,135,853 shares of Common Stock of the Issuer, Mr. Golub was viewed as having investment power over all of the shares owned by such entity although voting rights to the Common Stock had been passed through to the members of GCCVI. On February 14, 2014, GCCVI sold all of its shares at $18.40 per share in three block trades. 1,016,000 shares were sold to funds managed by an institutional investor, 64,000 shares were sold to an investment vehicle for which an affiliated entity serves as a sub adviser, and 55,853 were sold to Golub Capital Employee Grant Program Rabbi Trust for the purpose of awarding incentive compensation to employees of Golub Capital. GCCVI sold all of its shares in order to diversify its investments and will reinvest the proceeds in middle market debt and equity investments.
Mr. Golub has a pecuniary interest in 3,716 of the shares of Common Stock of Golub Capital BDC, Inc. being sold in these transactions. To the extent of such pecuniary interest, Mr. Golub's sale of Common Stock of Golub Capital BDC, Inc. reported herein by entities over which Mr. Golub may be viewed as having investment power is matchable under Section 16(b) of the Securities Exchange Act of 1934, to the extent of 3,716 shares of Common Stock, with the purchase of 5,000 shares of Common Stock in December 2013. Upon settlement of these sale transactions, Mr. Golub has agreed to pay to Golub Capital BDC, Inc. an aggregate of $111.48, representing the full amount of the profit realized by him in connection with the short-swing transactions.
Due to his control of and ownership interest in GCI Development LLC, Mr. Golub may be viewed as having investment power over all of the shares owned by such entity. These shares are held for the benefit of employees of Golub Capital and vest subject to certain adjustments as specified by the terms of the compensation arrangements. Mr. Golub disclaims beneficial ownership of such shares of Common Stock held by GCI Development LLC except to the extent of his pecuniary interest therein. As of the date thereof, Mr. Golub has no pecuniary interest in the shares of Common Stock held by GCI Development LLC.
Due to his control of and ownership interest in Golub Capital LLC, Mr. Golub may be viewed as having investment power over all of the shares owned by such entity. These shares will be held for the benefit of employees of Golub Capital LLC and vest subject to certain adjustments as specified by the terms of the compensation arrangements, Mr. Golub disclaims beneficial ownership of such shares of Common Stock held by Golub Capital LLC except to the extent of his pecuniary interest therein.
Mr. Golub is a control person of GEMS Associates LLC. Due to his control of and ownership interest in GEMS Associates LLC, Mr. Golub may be viewed as having investment power over all of the shares owned by such entity. Mr. Golub disclaims beneficial ownership of such shares of Common Stock except to the extent of his pecuniary interest therein.
The shares reported herein are directly beneficially owned by CDGQ LLC and are held for the benefit of his family trust.