Home > Insider Trading > Filing (0001144204-17-043510)

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

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	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

Show Other Fields >>

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.