Bowen S. Diehl - Nov 15, 2022 Form 4 Insider Report for CAPITAL SOUTHWEST CORP (CSWC)

Role: President and CEO, Director
Signature: /s/ Bowen S. Diehl
Stock symbol: CSWC
Transactions as of: Nov 15, 2022
Transactions value $: -$138,021
Form type: 4
Date filed: 11/16/2022, 03:12 PM
Previous filing: Jun 10, 2022
Next filing: Jun 13, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CSWC	Common Stock	Tax liability	-$138K	-7.23K	-4.11%	$19.09	169K	Nov 15, 2022	Direct	F1
holding	CSWC	Common Stock						374K	Nov 15, 2022	By PHC Investments, LLC	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares withheld for payment of tax liability upon vesting of restricted shares granted under the Capital Southwest Corporation 2010 Restricted Stock Award Plan. This withholding transaction was approved by the Compensation Committee of Capital Southwest's Board of Directors in accordance with Rule 16b-3(d)(1) of the Securities Exchange Act of 1934 (the "Act"), and as such, the sale is exempt from section 16(b) of the Act pursuant to Rule 16b-3(e) promulgated thereunder.
F2	PHC Investments, LLC is fifty percent owned by the reporting person and fifty percent owned by his spouse.

Content

Shares withheld for payment of tax liability upon vesting of restricted shares granted under the Capital Southwest Corporation 2010 Restricted Stock Award Plan. This withholding transaction was approved by the Compensation Committee of Capital Southwest's Board of Directors in accordance with Rule 16b-3(d)(1) of the Securities Exchange Act of 1934 (the "Act"), and as such, the sale is exempt from section 16(b) of the Act pursuant to Rule 16b-3(e) promulgated thereunder.

PHC Investments, LLC is fifty percent owned by the reporting person and fifty percent owned by his spouse.