SEC Form 4 · accession 0001209191-18-047880
Oaktree Specialty Lending Corp · OCSL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Leonard M Tannenbaum
10% Owner
Period of report
Aug 17, 2018
Accepted (ET)
Aug 21, 2018 · 9:20 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001414932
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 17, 2018 | S | 33,500 | $5.003 | D | 14,551,509 | D | |
| Common StockF2 | Aug 20, 2018 | S | 2,950 | $5.0001 | D | 14,548,559 | D | |
| Common StockF1,F3 | Aug 17, 2018 | S | 33,500 | $5.003 | D | 7,441,302 | I | By Partnership |
| Common StockF2,F3 | Aug 20, 2018 | S | 2,950 | $5.0001 | D | 7,438,352 | I | By Partnership |
| Common StockF4 | holding | — | — | — | 1,122,281 | I | By LLC | |
| Common StockF5 | holding | — | — | — | 655,850 | I | Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $5.00 to $5.04; the price reported reflects the weighted average price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, the issuer, or a security holder of the issuer.
- F2This transaction was executed in multiple trades at prices ranging from $5.00 to $5.01; the price reported reflects the weighted average price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, the issuer, or a security holder of the issuer.
- F3These shares of Common Stock are held by Fifth Street Holdings L.P. ("FSH"), a Delaware limited partnership. Fifth Street Asset Management Inc. ("FSAM") is the general partner of FSH, and Mr. Tannenbaum is the Chairman and Chief Executive Officer of FSAM. Mr. Tannenbaum is also the controlling stockholder of FSAM. Mr. Tannenbaum may be deemed a beneficial owner of such shares of Common Stock, but disclaims beneficial ownership thereof except to the extent of his pecuniary interest.
- F4These shares of Common Stock are held by 777 West Putnam Avenue LLC, for which Mr. Tannenbaum holds a majority of the equity interest of the sole member. The Reporting Person disclaims beneficial ownership of such shares of Common Stock except to the extent of his pecuniary interest.
- F5These shares of Common Stock are held by the Leonard M. Tannenbaum 2012 Trust for the benefit of certain members of the reporting person's family for which Bernard D. Berman is a trustee. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest.