SEC Form 4 · accession 0001144204-16-131529
Full Circle Capital Corp · FULL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregg J Felton
Officer — CEO & President · Director
Period of report
Nov 3, 2016
Accepted (ET)
Nov 4, 2016 · 7:01 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001490013
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 3, 2016 | J | 1,453,692 | $2.69 | A | 2,120,793 | D | |
| Common StockF2 | Nov 3, 2016 | D | 2,120,793 | — | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares, which were owned by Full Circle Advisors LLC and previously may have been deemed to be beneficially owned by the reporting person by virtue of his position as a managing member thereof, were acquired by the reporting person in partial repayment of a loan obligation of Full Circle Advisors, LLC.
- F2Pursuant to the terms of an Agreement and Plan of Merger (the "Merger Agreement") by and among the issuer and Great Elm Capital Corp. ("GECC"), on June 23, 2016, each share of the issuer's common stock, issued and outstanding immediately prior to the Effective Time (as defined in the Merger Agreement) and not otherwise excluded pursuant to the terms of the Merger Agreement, was converted into the right to receive 0.2219 shares of GECC common stock.