Filing Details

Accession Number:
0001144204-16-089454
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-03-22 13:15:24
Reporting Period:
2016-03-18
Filing Date:
2016-03-22
Accepted Time:
2016-03-22 13:15:24
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1571329 Capitala Finance Corp. CPTA () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1230756 Hunt Markham Broyhill C/O Capitala Finance Corp.
4201 Congress Street, Suite 360
Charlotte NC 28209
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2016-03-18 3,000 $11.53 71,455 No 4 P Indirect via BMC Fund, Inc.
Common Stock Acquisiton 2016-03-21 7,000 $11.56 78,455 No 4 P Indirect via BMC Fund, Inc.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect via BMC Fund, Inc.
No 4 P Indirect via BMC Fund, Inc.
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 38,764 Indirect via Broyhill Investments, Inc.
Common Stock 71,701 Direct
Common Stock 13,580 Indirect via Broyhill Family Foundation Inc.
Common Stock 134,857 Indirect via Claron Investments, LP
Common Stock 6,993 Indirect via Hibriten Investments of N.C. Limited Partnership
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock, Par Value $0.01 Per Share Awards $0.00 42,694 42,694 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
42,694 42,694 Direct
Footnotes
  1. As of the date of this report, Mr. Broyhill holds unvested Awards with respect to 42,694 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 and is an affiliate of Capitala Investment Advisors, LLC, pursuant to CRS's Amended and Restated 2015 Equity Compensation Plan, dated September 18, 2015 (the "Plan"). The Plan was previously approved by the Issuer's Board of Directors. Unvested Awards under the Plan are scheduled to vest as follows: 10% on September 25, 2016, 30% on September 25, 2017 and 40% on September 25, 2018. Upon settlement, the unvested Awards will become payable on a one-for-one basis in shares of the Issuer's common stock.
  2. Pursuant 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 plans sponsored by an investment adviser (or an affiliated person of an investment adviser) to a registered closed-end investment company or a business development company regulated under the Investment Company Act of 1940, as amended, that offers plan participants equity securities of such registered 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 Act of 1934, as amended.