SEC Form 4 · accession 0001140361-15-037901

CAPITAL SOUTHWEST CORP · CSWC

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Oct 14, 2015

Accepted (ET)

Oct 16, 2015 · 8:12 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000017313

Table I — non-derivative securities

No Table I lines on this filing.

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option^F2,F3,F1	$11.66	Oct 14, 2015	D	68	D	—	Jul 15, 2023	Common Stock	68	16,432	D
Stock Option^F2,F4,F1	$11.66	Oct 14, 2015	D	55	D	—	Jul 15, 2023	Common Stock	55	13,445	D
Stock Option^F5,F1	$11.53	Oct 14, 2015	D	352	D	—	Aug 28, 2024	Common Stock	352	85,981	D

F1Represents adjustments made pursuant to (1) the Amended and Restated Employee Matters Agreement, dated as of September 14, 2015, between the Issuer and CSW Industrials, Inc., and (2) the Issuer's 2009 Stock Incentive Plan, as amended, in connection with the Issuer's spin-off of CSW Industrials, Inc. on September 30, 2015.
F2Two fifths of stock options are vested. The remaining three fifths will vest in three equal annual installments beginning July 15, 2016.
F3On August 16, 2013, the common stock of the Issuer split four-for-one, resulting in the reporting person's ownership of stock options representing a right to purchase a total of 16,500 shares of common stock.
F4On August 16, 2013, the common stock of the Issuer split four-for-one, resulting in the reporting person's ownership of stock options representing a right to purchase a total of 13,500 shares of common stock.
F5One third of the stock options will vest on the 90th day following the spin-off (the "Trigger Event Date"), one third of the stock options with vest on the first anniversary of the Trigger Event Date and one third of the stock options will vest on the second anniversary of the Trigger Event Date.