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Filing Details

Accession Number:: 0000899243-20-024164
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-09-03 17:14:28
Reporting Period:: 2020-09-01

Accepted Time:: 2020-09-03 17:14:28
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1508171	Solar Senior Capital Ltd.	SUNS	()	4

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

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2020-09-01	2,635	$13.15	653,578	No	4	P	Indirect	See Footnotes
Common Stock	Acquisiton	2020-09-01	5,000	$13.16	236,608	No	4	P	Direct
Common Stock	Acquisiton	2020-09-02	3,844	$13.20	240,452	No	4	P	Direct
Common Stock	Acquisiton	2020-09-03	2,635	$13.16	243,087	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	See Footnotes
No	4	P	Direct
No	4	P	Direct
No	4	P	Direct

Footnotes

These shares were purchased in multiple transactions each at $13.15. 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 purchased at each separate price set forth above in the transactions reported in this footnote or in footnotes (5), (6) or (7).
The total includes 21,844 shares of the Issuer directly held by Mr. Gross' profit sharing plan (the "Profit Sharing Plan"), 2,635 of which are reported as purchased on this Form 4. Mr. Gross may be deemed to directly beneficially own these shares as the sole participant in the Profit Sharing Plan. Includes 79,417 shares of the Issuer held by Solar Capital Partners Employee Stock Plan, LLC (the "SCP Plan"). The SCP Plan is controlled by Solar Capital Partners, LLC ("Solar Capital Partners"). Michael S. Gross and Bruce J. 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.
Continued from Footnote (2)) 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 Messrs. Gross and Spohler by virtue of their collective ownership interest therein. In addition, the total includes 96,717 shares of the Issuer held by a grantor retained annuity trust setup by and for Mr. Gross (the "GRAT"). As the sole trustee of the GRAT, Mr. Gross may be deemed to directly beneficially own all of the shares held by the GRAT.
(Continued from Footnote (3)) Mr. Gross disclaims beneficial ownership of any of the Issuer's securities directly held by the SCP Plan, Solar Senior Investors or Solar Management, 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.
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions. The reported price for the share purchase made on September 1, 2020 is based on prices of $13.15 and $13.16 per share.
These shares were purchased in multiple transactions each at $13.20.
These shares were purchased in multiple transactions each at $13.16.