4//SEC Filing
OI3, LLC 4
Accession 0001716951-21-000015
CIK 0001716951other
Filed
Jan 25, 7:00 PM ET
Accepted
Jan 26, 6:29 PM ET
Size
10.7 KB
Accession
0001716951-21-000015
Insider Transaction Report
Form 4
OI3, LLC
10% Owner
Transactions
- Other
Common Stock
2021-01-22+10,124→ 380,680 total - Other
Common Stock
2021-01-22+3,373→ 126,890 total(indirect: -)
Footnotes (3)
- [F1]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, OI3, LLC and Orchard First Source Asset Management, LLC ("OFSAM") (together with its subsidiary) will receive 10,124 and 3,373 shares of common stock, respectively, as of January 29, 2021.
- [F2]These securities are held, or to be acquired pursuant to the Dividend, by OI3, LLC, and may be deemed to be indirectly owned by The OI3 2019 Trust, as the sole owner of the limited liability company interests in OI3, LLC, and indirectly owned by Richard S. Ressler, as investment trustee of The OI3 2019 Trust.
- [F3]These securities are held, or to be acquired pursuant to the Dividend, by OFSAM and its subsidiary and may be deemed to be indirectly owned by OI3, LLC through its direct and indirect interests in OFSAM, indirectly owned by The OI3 2019 Trust, as the sole owner of the limited liability company interests in OI3, LLC, and indirectly owned by Richard S. Ressler, as investment trustee of The OI3 2019 Trust. Each of the foregoing persons disclaims beneficial ownership of these securities, except to the extent of his or its, as applicable, pecuniary interest therein.
Documents
Issuer
OFS Credit Company, Inc.
CIK 0001716951
Entity typeother
Related Parties
1- filerCIK 0001798529
Filing Metadata
- Form type
- 4
- Filed
- Jan 25, 7:00 PM ET
- Accepted
- Jan 26, 6:29 PM ET
- Size
- 10.7 KB