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Filing Details

Accession Number:: 0001144204-15-017968
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2015-03-24 12:38:12
Reporting Period:: 2015-03-23

Filing Date:: 2015-03-24
Accepted Time:: 2015-03-24 12:38:12
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1571329	Capitala Finance Corp.	CPTA	()	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1587346	Iii B Joseph Alala	C/O Capitala Finance Corp. 4201 Congress Street, Suite 360 Charlotte NC 28209	Chairman Bod, Ceo, President	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	Acquisiton	2015-03-23	7,409	$18.76	137,982	No	4	P	Indirect	via Capitala Private Investments LLC

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	via Capitala Private Investments LLC

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	594,599	Indirect	via Capitala Restricted Shares I, LLC
Common Stock	2,705	Indirect	via Capitala Transaction Corp.
Common Stock	972	Indirect	via CapitalSouth Corporation
Common Stock	100	Indirect	via Capitala Investment Advisors, LLC

Footnotes

Mr. Alala disclaims beneficial ownership of any of the Issuer's shares directly held by Capitala Private Investments LLC, Capitala Restricted Shares I, LLC ("CRS"), Capitala Transaction Corp., CapitalSouth Corporation and Capitala Investment Advisors, LLC, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that Mr. Alala is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or any other purpose.
On February 26, 2015, CRS granted Awards with respect to the 594,598.85 shares held by CRS, which is controlled by Mr. Alala and is an affiliate of Capitala Investment Advisors, LLC, to certain of Capitala Investment Advisors, LLC's employees pursuant to CRS's 2015 Equity Compensation Plan, dated February 26, 2015. Shares of the Issuer's common stock underlying the Awards are scheduled to vest in installments of 10% (or 20% in the case of Awards that are 0% vested as of February 26, 2015) on September 25, 2015, 10% on September 25, 2016, 30% on September 25, 2017 and 40% on September 25, 2018. Upon settlement, the Awards will become payable on a one-for-one basis in shares of the Issuer's common stock. Mr. Alala holds Awards with respect to 185,510.85 shares held by CRS, which were granted to Mr. Alala on February 26, 2015.
Pursuant to the SEC staff no-action letter to Babson Capital Management LLC (pub. Avail. Dec. 14, 2006), an employee benefit plan sponsored by an investment adviser (or an affiliated person of an investment adviser) to a closed-end investment company regulated under the Investment Company Act of 1940, as amended, that offers plan participants equity securities of such investment company is considered an "employee benefit plan sponsored by the issuer" for the purposes of Rule 16b-3 under the Securities Exchange Act of 1934, as amended.