0001144204-18-032762.txt : 20180605
0001144204-18-032762.hdr.sgml : 20180605
20180605091325
ACCESSION NUMBER: 0001144204-18-032762
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180601
FILED AS OF DATE: 20180605
DATE AS OF CHANGE: 20180605
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Alala Joseph B III
CENTRAL INDEX KEY: 0001587346
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 814-01022
FILM NUMBER: 18880226
MAIL ADDRESS:
STREET 1: C/O CAPITALA FINANCE CORP.
STREET 2: 4201 CONGRESS STREET, SUITE 360
CITY: CHARLOTTE
STATE: NC
ZIP: 28209
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Capitala Finance Corp.
CENTRAL INDEX KEY: 0001571329
IRS NUMBER: 000000000
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 4201 CONGRESS STREET, SUITE 360
CITY: CHARLOTTE
STATE: NC
ZIP: 28209
BUSINESS PHONE: 704-376-5502
MAIL ADDRESS:
STREET 1: 4201 CONGRESS STREET, SUITE 360
CITY: CHARLOTTE
STATE: NC
ZIP: 28209
4
1
tv495782_4.xml
OWNERSHIP DOCUMENT
X0306
4
2018-06-01
0
0001571329
Capitala Finance Corp.
CPTA
0001587346
Alala Joseph B III
C/O CAPITALA FINANCE CORP.
4201 CONGRESS STREET, SUITE 360
CHARLOTTE
NC
28209
1
1
0
0
See Remarks
Common Stock
2018-06-01
4
M
0
80204.245
A
534637.85
I
via Capitala Private Investments, LLC
Common Stock
2018-06-01
4
M
0
237739.425
D
0
I
via Capitala Restricted Shares I, LLC
Common Stock
360
I
via Child
Common Stock
360
I
via Child
Common Stock
9611
D
Common Stock
21245.278
I
via Capitala Investment Advisors, LLC
Common Stock
5559.722
I
via Capitala Transaction Corp.
Common Stock
972
I
via CapitalSouth Corporation
Awards
2018-06-01
4
M
0
237739.425
0
D
Common Stock, par value $0.01 per share
237739.425
0
I
Capitala Restricted Shares I, LLC
Awards
2018-06-01
4
M
0
80204.425
0
D
Common Stock, par value $0.01 per share
80204.425
0
I
Capitala Private Investments, LLC
Capitala Restricted Shares I, LLC ("CRS") previously granted Awards with respect to the 237,739.425 shares of Capitala Finance Corp.'s (the "Issuer") common stock held by CRS to certain of Capitala Investment Advisors, LLC's employees pursuant to CRS's 2015 Amended and Restated Equity Compensation Plan, dated September 18, 2015 (the "Plan"). The Plan was previously approved by the Issuer's Board of Directors.
On June 1, 2018, the remaining outstanding Awards issued under the Plan vested in a transaction previously approved by the Issuer's Board of Directors and, as a result, CRS distributed an aggregate of 237,739.425 shares of the Issuer's common stock to certain of Capitala Investment Advisors, LLC's employees and related vehicles. The shares of the Issuer's common stock that may be deemed to have been disposed of were previously reported as beneficially owned by Mr. Alala due to his controlling interest in CRS. There are no remaining Awards under the Plan following these transactions.
Capitala Private Investments, LLC ("CPI") previously held Awards with respect to 80,204.425 shares of the Issuer's common stock held by CRS. On June 01, 2018, CPI received 80,204.425 shares of the Issuer's common stock in accordance with the Plan. The shares of the Issuer's common stock that may be deemed to have been acquired by CPI were previously reported as beneficially owned by Mr. Alala due to his controlling interest in CRS. The acquisition was approved in advance by the Board of Directors of the Issuer. There are no further remaining unvested Awards scheduled to vest under the Plan.
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 plan 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.
Mr. Alala disclaims beneficial ownership of any of the Issuer's shares directly held by CPI, CRS, Capitala Transaction Corp., CapitalSouth Corporation and Capitala Investment Advisors, LLC, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that Mr. Alala is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or any other purpose.
Chairman of the Board of Directors, Chief Executive Officer and President
/s/ Richard G. Wheelahan, III, attorney-in-fact
2018-06-04