Mark D. Klein - Feb 9, 2022 Form 4/A - Amendment Insider Report for SURO CAPITAL CORP. (SSSS)

Role
Chariman, CEO and President, Director
Signature
/s/ Mark D. Klein
Stock symbol
SSSS
Transactions as of
Feb 9, 2022
Transactions value $
-$486,237
Form type
4/A - Amendment
Date filed
1/13/2023, 05:48 PM
Date Of Original Report
Feb 14, 2022
Previous filing
Jan 3, 2022
Next filing
Nov 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SSSS Common Stock Award $0 +193K +25.04% $0.00 963K Feb 9, 2022 Direct F1, F2, F3
transaction SSSS Common Stock Tax liability -$486K -40.9K -4.25% $11.88 922K Feb 10, 2022 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Transaction reported late due to administrative delay.
F2 Restricted shares granted under the SuRo Capital Corp. Amended and Restated 2019 Equity Incentive Plan, which vest as follows: 1/3 vests on February 9, 2023, 1/3 vests on February 9, 2024 and 1/3 vests on February 9, 2025.
F3 This total includes (i) 2,659 shares of SuRo Capital Corp.'s (the "Company") common stock owned by Mr. Klein's spouse, which may be deemed to be beneficially owned by Mr. Klein, and (ii)(A) restricted shares granted under the SuRo Capital Corp. Amended and Restated 2019 Equity Incentive Plan on February 10, 2021, December 10, 2021 and February 9, 2022, which are subject to certain vesting schedules, and (B) shares of the Company's common stock acquired in connection with dividends on such restricted shares, which are restricted and subject to the same vesting schedules as such restricted shares.
F4 Shares withheld to satisfy the reporting person's tax obligations in connection with vesting of restricted shares on February 10, 2022. Transaction exempt from Section 16(b) pursuant to Rule 16b-3.

Remarks:

This amendment to the Form 4 filed on February 14, 2022 is being filed to correct a typographical error in Column 5, Line 2 of Table 1, which previously inadvertently included an incorrect total amount of securities beneficially owned directly by the reporting person. No other changes are being made hereby. When Mr. Klein's Form 4 was initially filed on February 14, 2022, the amount of securities beneficially owned was reported in Column 5, Line 2 as 922,485. As of January 13, 2023, the Reporting Person's total amount of securities beneficially owned is 1,030,177.