SEC Form 4 · accession 0001461373-17-000035
Capitala Finance Corp. · CPTA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen A. Arnall
Officer — Chief Financial Officer
Period of report
Aug 10, 2017
Accepted (ET)
Aug 14, 2017 · 7:34 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001571329
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 10, 2017 | P | 1,100 | $9.054 | A | 12,010 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| AwardsF1,F2 | — | holding | — | — | — | — | — | Common Stock, par value $0.01 per share | 14,875 | 14,875 | D |
Explanation of responses
- F1As of August 10, 2017, Mr. Arnall holds Awards with respect to 14,875 shares of Capitala Finance Corp's (the "Issuer") common stock held by Capitala Restricted Shares I, LLC ("CRS"), which is controlled by Joseph B. Alala, III is an affiliate of Capital Investment Advisors, LLC, pursuant to CRS's Amended and Restated 2015 Equity Compensation Plan, dated December 18, 2015 (the "Plan"). The Plan was previously approved by the Issuer's Board of Directors, Outstanding Awards under the Plan are scheduled to vest as follows, 30% on September 25, 2017 and 40% on September 25, 2018. Upon settlement the additional Awards will become payable on a one-for one basis in shares of the Issuer's common stock.
- F2Pursuant to the SEC staff no-action letters to Babson Capital Management LLC (pub. avail. Dec. 14, 2006) and Carlyle GMS Finance, Inc. (pub. avail. Oct. 8, 2015), an employee benefit plan sponsored by an investment advisor (or an affiliated person of an investment advisor) to a registered closed-end investment company or business development company regulated under the Investment Company Act of 1940, as amended, that offers plan participants equity securities of such registered closed-end investment company or business development company is considered an "employee benefit plan sponsored by the issuer" for the purposes of rule 16b-3 under the Securities Exchange of Act of 1934, as amended.