0000899243-17-007176.txt : 20170310
0000899243-17-007176.hdr.sgml : 20170310
20170310173232
ACCESSION NUMBER: 0000899243-17-007176
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170309
FILED AS OF DATE: 20170310
DATE AS OF CHANGE: 20170310
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Solar Capital Ltd.
CENTRAL INDEX KEY: 0001418076
IRS NUMBER: 261381340
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 500 PARK AVENUE
STREET 2: 3RD FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
BUSINESS PHONE: (212) 993-1670
MAIL ADDRESS:
STREET 1: 500 PARK AVENUE
STREET 2: 3RD FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: GROSS MICHAEL S
CENTRAL INDEX KEY: 0001186884
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 814-00754
FILM NUMBER: 17683218
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2017-03-09
0
0001418076
Solar Capital Ltd.
SLRC
0001186884
GROSS MICHAEL S
C/O SOLAR CAPITAL LTD.,
500 PARK AVENUE
NEW YORK
NY
10022
1
1
0
0
See Remarks
Restricted Stock Units
2017-03-09
4
A
0
83903.5298
0.00
D
Common Stock, par value $0.01 per share
83903.5298
83903.5298
I
See Footnote
Grants of new restricted stock units ("RSUs") with respect to 83,903.5298 shares held by Solar Capital Partners Employee Stock Plan, LLC (the "SCP Plan") to certain of Solar Capital Partners, LLC's employees pursuant to Restricted Stock Unit Agreements, dated March 9, 2017. Shares of the common stock of Solar Capital Ltd. (the "Issuer") underlying the RSUs are scheduled to vest in installments of 50% on March 1, 2019 and 50% on March 1, 2020. Upon settlement, the RSUs will become payable on a one-for-one basis in shares of the Issuer's common stock or the cash value thereof at the election of the SCP Plan administrators, Michael S. Gross and Bruce J. Spohler.
Pursuant to the SEC staff no-action letters to Carlyle GMS Finance, Inc. (pub. Avail. Oct. 8, 2015) and to Babson Capital Management LLC (pub. Avail. Dec. 14, 2006), an employee benefit plan sponsored by an investment adviser (or an affiliated person of an investment adviser) to a closed-end investment company that has elected to be regulated as a business development company or to a closed-end investment company registered under the Investment Company Act of 1940, as amended, respectively, in either case that offers plan participants equity securities of such investment 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.
Chief Executive Officer, President, Chairman of the Board
/s/ Michael S. Gross
2017-03-10