Home/Filings/4/0001716951-22-000051
4//SEC Filing

Cerny Jeffrey A 4

Accession 0001716951-22-000051

CIK 0001716951other

Filed

Jul 17, 8:00 PM ET

Accepted

Jul 18, 4:08 PM ET

Size

9.0 KB

Accession

0001716951-22-000051

Insider Transaction Report

Form 4
Period: 2022-07-15
Cerny Jeffrey A
DirectorDirector and CFO
Transactions
  • Other

    Common Stock

    2022-07-15+95316,805 total
  • Other

    Common Stock

    2022-07-15+5,607141,339 total(indirect: By LLC)
  • Other

    Common Stock

    2022-07-15+40010,091 total(indirect: By LLC)
Footnotes (3)
  • [F1]On June 1, 2022, the Issuer's board of directors declared a $0.55 per share quarterly distribution (the "Dividend") for the quarter ending July 31, 2022, payable to holders of record of common stock on June 13, 2022 (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, Mr. Cerny, Orchard First Source Asset Management, LLC ("OFSAM") and OFS Funding I, LLC will receive 953, 5,607 and 400 shares of common stock, respectively, as of July 29, 2022.
  • [F2]These securities are held by OFSAM. Mr. Cerny has an ownership interest in OFSAM. As a result, Mr. Cerny may be deemed to beneficially own the securities held by OFSAM.
  • [F3]These securities are held by OFS Funding I, LLC, which is owned by OFSAM. Mr. Cerny has an ownership interest in OFSAM. As a result, Mr. Cerny 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.

Issuer

OFS Credit Company, Inc.

CIK 0001716951

Entity typeother

Related Parties

1
  • filerCIK 0001613440

Filing Metadata

Form type
4
Filed
Jul 17, 8:00 PM ET
Accepted
Jul 18, 4:08 PM ET
Size
9.0 KB