Filing Details

Accession Number:
0000899243-15-004658
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-09-10 18:32:46
Reporting Period:
2015-09-08
Filing Date:
2015-09-10
Accepted Time:
2015-09-10 18:32:46
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1508171 Solar Senior Capital Ltd. SUNS () 274288022
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1186884 S Michael Gross C/O Solar Senior Capital Ltd.
500 Park Avenue
New York NY 10022
See Remarks Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2015-09-08 3,900 $14.87 583,426 No 4 P Indirect See Footnote
Common Stock Acquisiton 2015-09-09 3,900 $14.85 587,326 No 4 P Indirect See Footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See Footnote
No 4 P Indirect See Footnote
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 217,008 Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were purchased in two transactions. The reported price for the share purchases made on September 8, 2015 is based on prices of $14.85 per share and $14.87 per share. The reporting person undertakes to provide to Solar Senior Capital Ltd. (the "Issuer"), any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price set forth above.
  2. Includes 96,717 shares of the Issuer held by a grantor retained annuity trust setup by and for Michael S. Gross (the "GRAT"), 7,800 of which is reported as purchased on this Form 4. As the sole trustee of the GRAT, Mr. Gross may be deemed to directly beneficially own all of the shares held by the GRAT. In addition, the total includes 455,500 shares of the Issuer held by Solar Senior Capital Investors, LLC ("Solar Senior Investors") and 100 shares of the Issuer held by Solar Capital Management, LLC ("Solar Management"), a portion of both of which may be deemed to be indirectly beneficially owned by Mr. Gross and Bruce J. Spohler by virtue of their collective ownership interest therein. Also includes 35,009 shares of the Issuer held by Solar Capital Partners Employee Stock Plan, LLC (the "SCP Plan"), which is controlled by Solar Capital Partners, LLC ("Solar Capital Partners").
  3. (Continued from Footnote (2)) Mr. Gross and Mr. Spohler may be deemed to indirectly beneficially own a portion of the shares held by the SCP Plan by virtue of their collective ownership interest in Solar Capital Partners. Mr. Gross disclaims beneficial ownership of any of the Issuer's securities directly held by Solar Senior Investors, Solar Management or the SCP Plan, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that Mr. Gross is the beneficial owner of such securities for purposes of Section 16 or any other purpose.