SEC Form 4 · accession 0001387131-18-007036
FS Credit Income Fund · FCRIX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David J. Adelman
10% Owner
Period of report
Dec 21, 2018
Accepted (ET)
Dec 26, 2018 · 8:56 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001688897
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class I Common Shares of Beneficial InterestF1 | Dec 21, 2018 | S | 1,365,157 | $12.34 | D | 1,365,157 | I | By Franklin Square Holdings, L.P. |
| Class I Common Shares of Beneficial InterestF1 | Dec 21, 2018 | P | 1,365,157 | $12.34 | A | 1,365,157 | I | By FSCIF SCV Feeder I LLC |
| Class I Common Shares of Beneficial InterestF2 | Dec 21, 2018 | S | 1,127,998 | $12.34 | D | 1,836,269 | I | By Darco Capital, LP |
| Class I Common Shares of Beneficial InterestF2 | Dec 21, 2018 | P | 1,836,269 | $12.34 | A | 1,836,269 | I | By MCFDA FSCIF LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1In connection with a financing transaction, the Class I Common Shares of Beneficial Interest were contributed by Franklin Square Holdings, L.P. to FSCIF SCV Feeder I LLC ("Feeder"), a wholly-owned special purpose financing subsidiary of Franklin Square Holdings, L.P., in exchange for an interest in Feeder, at a price equal to $12.34 per share. The reporting person disclaims beneficial ownership of any shares held by Franklin Square Holdings, L.P. and Feeder that exceed his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- F2In connection with a financing transaction, the Class I Common Shares of Beneficial Interest were contributed by Darco Capital, LP to MCFDA FSCIF LLC ("SPV"), a special purpose financing vehicle of which Darco Capital, LP is a member, in exchange for an interest in SPV, at a price equal to $12.34 per share. The reporting person disclaims beneficial ownership of any shares held by Darco Capital, LP and SPV that exceed his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.