Filing Details

Accession Number:
0001144204-15-071630
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-12-18 11:51:19
Reporting Period:
2015-12-15
Filing Date:
2015-12-18
Accepted Time:
2015-12-18 11:51:19
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
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 2015-12-15 4,075 $11.98 200,279 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 505,479 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
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock, Par Value $0.01 Per Share Awards $0.00 160,409 160,409 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
160,409 160,409 Direct
Footnotes
  1. Mr. Alala disclaims beneficial ownership of any of the Capitala Finance Corp.'s (the "Issuer") 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.
  2. As of the date of this report, unvested Awards with respect to 505,479.08 shares of the Issuer's common stock held by CRS, which is controlled by Mr. Alala and is an affiliate of Capitala Investment Advisors, LLC (the "Adviser"), have been granted to certain of the Adviser's employees pursuant to CRS's Amended and Restated 2015 Equity Compensation Plan, dated September 18, 2015 (the "Plan"). Unvested Awards under the Plan are scheduled to vest as follows: 10% on September 25, 2016, 30% on September 25, 2017 and 40% on September 25, 2018. Upon settlement, the unvested Awards will become payable on a one-for-one basis in shares of the Issuer's common stock. The Plan was previously approved by the Issuer's Board of Directors. As of the date of this report, Mr. Alala holds unvested Awards with respect to 160,408.68 shares of the Issuer's common stock held by CRS.
  3. Pursuant to the SEC staff no-action letters to Babson Capital Management LLC (pub. avail. Dec. 14, 2006) and Carlyle GMS Finance, Inc. (pub. avail. Oct. 8, 2015), an employee benefit plan sponsored by an investment adviser (or an affiliated person of an investment adviser) to a registered closed-end investment company or a business development company regulated under the Investment Company Act of 1940, as amended, that offers plan participants equity securities of such registered closed-end investment company or business development 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.