4//SEC Filing
Orchard First Source Asset Management, LLC 4
Accession 0001716951-22-000004
CIK 0001716951other
Filed
Jan 19, 7:00 PM ET
Accepted
Jan 20, 3:35 PM ET
Size
7.6 KB
Accession
0001716951-22-000004
Insider Transaction Report
Form 4
Transactions
- Other
Common Stock
2022-01-19+256→ 9,401 total(indirect: By LLC) - Other
Common Stock
2022-01-19+3,587→ 131,662 total
Footnotes (2)
- [F1]On December 1, 2021, the Issuer's board of directors declared a $0.55 per share quarterly distribution (the "Dividend") for the quarter ending January 31, 2022, payable to holders of record of common stock on December 13, 2021 (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 3,587 and 256 shares of common stock, respectively, as of January 31, 2022.
- [F2]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.
Documents
Issuer
OFS Credit Company, Inc.
CIK 0001716951
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001528554
Filing Metadata
- Form type
- 4
- Filed
- Jan 19, 7:00 PM ET
- Accepted
- Jan 20, 3:35 PM ET
- Size
- 7.6 KB