0001716951-21-000014.txt : 20210126
0001716951-21-000014.hdr.sgml : 20210126
20210126182742
ACCESSION NUMBER: 0001716951-21-000014
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210122
FILED AS OF DATE: 20210126
DATE AS OF CHANGE: 20210126
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Orchard First Source Asset Management, LLC
CENTRAL INDEX KEY: 0001528554
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 811-23299
FILM NUMBER: 21555805
BUSINESS ADDRESS:
STREET 1: 10 SOUTH WACKER DRIVE
STREET 2: SUITE 2500
CITY: CHICAGO
STATE: IL
ZIP: 60606
BUSINESS PHONE: 847-734-2000
MAIL ADDRESS:
STREET 1: 10 SOUTH WACKER DRIVE
STREET 2: SUITE 2500
CITY: CHICAGO
STATE: IL
ZIP: 60606
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: OFS Credit Company, Inc.
CENTRAL INDEX KEY: 0001716951
IRS NUMBER: 822875487
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 10 SOUTH WACKER DRIVE
STREET 2: SUITE 2500
CITY: CHICAGO
STATE: IL
ZIP: 60606
BUSINESS PHONE: 847-734-2000
MAIL ADDRESS:
STREET 1: 10 SOUTH WACKER DRIVE
STREET 2: SUITE 2500
CITY: CHICAGO
STATE: IL
ZIP: 60606
4
1
wf-form4_161170365027753.xml
FORM 4
X0306
4
2021-01-22
0
0001716951
OFS Credit Company, Inc.
OCCI
0001528554
Orchard First Source Asset Management, LLC
C/O OFS CREDIT COMPANY, INC.
10 S. WACKER DRIVE, SUITE 2500
CHICAGO
IL
60606
0
0
0
1
Parent of Investment Adviser
Common Stock
2021-01-22
4
J
0
3149
0
A
118432
D
Common Stock
2021-01-22
4
J
0
224
0
A
8458
I
Owned by OFS Funding I, LLC
On November 30, 2020, the Issuer's board of directors declared a $0.52 per share quarterly distribution (the "Dividend") for the quarter ending January 31, 2021, payable to holders of record of common stock on December 18, 2020 (each, a "Stockholder"). The Dividend will be paid in cash or shares of the Issuer's common stock at the election of each Stockholder. The total amount of cash distributed to all Stockholders will be limited to 20% of the total Dividend, excluding any cash paid for fractional shares. The remainder of the Dividend (approximately 80%) will be paid in the form of shares of the Issuer's common stock. In connection with the Dividend, Orchard First Source Asset Management, LLC ("OFSAM") and OFS Funding I, LLC will receive 3,149 and 224 shares of common stock, respectively, as of January 29, 2021.
These securities are held by OFS Funding I, LLC. OFS Funding I, LLC is owned by OFSAM. As a result, OFSAM may be deemed to beneficially own the securities held by OFS Funding I, LLC by virtue of its ownership interest in OFS Funding I, LLC. OFS Capital Management, LLC, investment adviser to OFS Credit Company, Inc., is wholly-owned by OFSAM.
/s/ Bilal Rashid, President, Orchard First Source Asset Management, LLC
2021-01-26