Filing Details
- Accession Number:
- 0001144204-17-043510
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-08-15 16:16:25
- Reporting Period:
- 2017-08-11
- Filing Date:
- 2017-08-15
- Accepted Time:
- 2017-08-15 16:16:25
- 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 | 2017-08-11 | 9,611 | $9.00 | 9,611 | No | 4 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 442,294 | Indirect | via Capitala Restricted Shares I, LLC |
Common Stock | 305,280 | Indirect | via Capitala Private Investments, 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 | 140,358 | 140,358 | Indirect | ||
Common Stock, Par Value $0.01 Per Share | Awards | $0.00 | 442,294 | 442,294 | Indirect |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
140,358 | 140,358 | Indirect | |
442,294 | 442,294 | Indirect |
Footnotes
- Capitala Restricted Shares I, LLC ("CRS") previously granted Awards with respect to the 442,294.08 shares of Capitala Finance Corp.'s (the "Issuer") common stock 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 Amended and Restated Equity Compensation Plan, dated September 18, 2015 (the "Plan"). The Plan was previously approved by the Issuer's Board of Directors.
- Outstanding Awards under the Plan are scheduled to vest as follows: 30% on September 25, 2017 and 40% on September 25, 2018. Upon settlement, the additional Awards will become payable on a one-for-one basis in shares of the Issuer's common stock.
- Capitala Private Investments, LLC holds Awards with respect to 140,357.68 shares of the Issuer's common stock held by CRS.
- 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 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.
- Mr. Alala disclaims beneficial ownership of any of the Issuer's shares directly held by Capitala Private Investments, 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.
- This row reflects all of the Awards of CRS currently outstanding under the Plan. As CRS is controlled by Mr. Alala, this row is included to show the one-to-one relationship between the Awards issued under the Plan and CRS's ownership of shares of the common stock of the Issuer.