SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Rashid Bilal

(Last)

(First)

(Middle)

C/O OFS CREDIT COMPANY, INC.

10 S. WACKER DRIVE, SUITE 2500

(Street)

CHICAGO

60606

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
OFS Credit Company, Inc. [ OCCI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President, Director and CEO

3. Date of Earliest Transaction (Month/Day/Year)
08/27/2019

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	08/27/2019		X		3,800⁽¹⁾	A	$16.5	11,300	D
Common Stock	08/27/2019		X		35,000	A	$16.5	105,000	I	Owned by Orchard First Source Asset Management, LLC⁽²⁾
Common Stock	08/27/2019		X		2,500	A	$16.5	7,500	I	Owned by OFS Funding I, LLC⁽³⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Subscription Rights (right to buy)⁽⁴⁾	$16.5	08/27/2019		X			7,600	08/05/2019	08/27/2019	Common Stock	3,800⁽¹⁾	$0	0	D
Subscription Rights (right to buy)⁽⁴⁾	$16.5	08/27/2019		X			70,000	08/05/2019	08/27/2019	Common Stock	35,000	$0	0	I	Owned by OFSAM⁽²⁾
Subscription Rights (right to buy)⁽⁴⁾	$16.5	08/27/2019		X			5,000	08/05/2019	08/27/2019	Common Stock	2,500	$0	0	I	Owned by OFS Funding I, LLC⁽³⁾

Explanation of Responses:

1. Includes 50 shares purchased pursuant to the over-subscription privilege.

2. These securities are held by Orchard First Source Asset Management, LLC ("OFSAM"). Mr. Rashid has an ownership interest in OFSAM. As a result, Mr. Rashid may be deemed beneficially own the securities held by OFSAM.

3. These securities are held by OFS Funding I, LLC. OFS Funding I, LLC is owned by OFSAM. Mr. Rashid has an ownership interest in OFSAM. As a result, Mr. Rashid may be deemed to beneficially own the securities held by OFS Funding I, LLC by virtue of his ownership interest in OFSAM and, indirectly, OFS Funding I, LLC.

4. Subscription Rights entitled the holders thereof to purchase one new share of Common Stock for every two rights held.

Remarks:

	/s/ Bilal Rashid	08/28/2019
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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