Filing Details
- Accession Number:
- 0001104659-21-087035
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-06-29 20:48:26
- Reporting Period:
- 2021-06-29
- Accepted Time:
- 2021-06-29 20:48:26
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1495222 | Oxford Lane Capital Corp. | OXLC | () | 272859071 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1607203 | Eagle Point Credit Management Llc | 600 Steamboat Road, Suite 202 Greenwich, CT 06830 | No | No | Yes | No | |
1607205 | Eagle Point Credit Gp I Lp | 600 Steamboat Rd Suite 202 Greenwich CT 06830 | No | No | Yes | No | |
1617694 | P. Thomas Majewski | 600 Steamboat Road, Suite 202 Greenwich, CT 06830 | No | No | Yes | No | |
1836609 | Eagle Point Dif Gp I Llc | 600 Steamboat Road, Suite 202 Greenwich, CT 06830 | No | No | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
6.75% Series 2024 Term Preferred Stock (Oxlcm) | Disposition | 2021-06-29 | 3,543 | $25.15 | 213,543 | No | 4 | S | Indirect | See footnote |
6.25% Series 2027 Term Preferred Stock (Oxlcp) | Disposition | 2021-06-29 | 10,778 | $24.91 | 380,145 | No | 4 | S | Indirect | See footnote |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Indirect | See footnote |
No | 4 | S | Indirect | See footnote |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
6.75% Notes Due 2031, $25.00 Denominations (Oxlcl) | 0 | Indirect | See footnote |
6.75% Series 2024 Term Preferred Stock (Oxlcm) | 9,450 | Direct | |
6.25% Series 2027 Term Preferred Stock (Oxlcp) | 11,000 | Direct |
Footnotes
- The amount reported reflects the aggregate principal amount (based on face value), with respect to the notes, and the aggregate number of shares, with respect to the preferred stock.
- The price reported reflects the weighted average sales price per share. These securities were sold in multiple transactions at prices ranging from $25.14 to $25.23 per share, inclusive. Upon request by the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer, the reporting person undertakes to provide full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote and each of the other applicable footnotes contained in this Form 4.
- The price reported reflects the weighted average sales price per share. These securities were sold in multiple transactions at prices ranging from $24.90 to $24.94 per share, inclusive.
- The securities are directly owned by certain private investment funds (the "Funds") managed by Eagle Point Credit Management ("EPCM"). Eagle Point Credit GP I LP and Eagle Point DIF GP I LLC (the "General Partners") serve as general partner to one or more of the Funds. Accordingly, EPCM and the General Partners could be deemed to have an indirect pecuniary interest in the securities held by the applicable Fund(s).
- Eagle Point Holdings LP ("EP Holdings") is the parent company of EPCM and each of the General Partners, and Thomas P. Majewski has certain economic rights with respect to EP Holdings (and EPCM) that could be deemed to give rise to an indirect pecuniary interest in the securities held by the Funds and the Accounts. Accordingly, each of the Reporting Persons could be deemed to have an indirect pecuniary interest in all or a portion of the securities sold that are reported herein.
- The securities are directly owned by the Funds and certain separately-managed client accounts (the "Accounts"). EPCM serves as investment manager to the Accounts and, due to the nature of the advisory relationship, could be deemed to have an indirect pecuniary interest in the securities held by each of the Accounts (as well as the securities held by the Funds).
- Each of the Reporting Persons hereby disclaims beneficial ownership of the securities described in this report pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934 (except, with respect to Mr. Majewski, to the extent of his direct pecuniary interest therein) and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of any of the reported securities for purposes of Section 16 or for any other purpose.
- Thomas P. Majewski directly owns the securities in his personal capacity. None of the other Reporting Persons has a pecuniary interest in these securities.