SEC Form 4 · accession 0001144204-17-036832
Oxford Lane Capital Corp. · OXLC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Leroy Scott Frantz
10% Owner
Period of report
Jul 14, 2017
Accepted (ET)
Jul 14, 2017 · 4:16 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001495222
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| 8.125% Series 2024 Term Preferred Stock | Jul 14, 2017 | J | 200,000 | $25.07 | D | 0 | D | |
| Common Stock | holding | — | — | — | 1,012 | D | ||
| 7.50% Series 2023 Term Preferred Stock | holding | — | — | — | 437,622 | D | ||
| 6.75% Series 2024 Term Preferred Stock | holding | — | — | — | 200,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On July 14, 2017 (the "Redemption Date"), Oxford Lane Capital Corp. (the "Issuer") redeemed all of the issued and outstanding shares of the Issuer's 8.125% Series 2024 Term Preferred Stock (the "Shares"), which was traded on the NASDAQ Global Select Market under the ticker OXLCN, for a redemption price of $25 per Share plus $0.07336 in accrued but unpaid dividends per Share to the Redemption Date, for an aggregate redemption price of $25.07336 per Share. The 200,000 Shares beneficially owned by Mr. Frantz were redeemed as part of this redemption by the Issuer.