| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | OCCI | 5.25% Series E Term Preferred Stock due 2026 | Sale | -$2.4K | -100 | -0.27% | $24.03 | 36.3K | Mar 7, 2024 | See footnotes | F1, F2, F3 |
| holding | OCCI | 6.125% Series C Term Preferred Stock due 2026 | 42.4K | Mar 7, 2024 | See footnotes | F1, F2, F3 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | The securities are directly held by certain private investment funds (the "Funds") managed by Eagle Point Credit Management LLC ("EPCM"). Eagle Point CIF GP I LLC and Eagle Point DIF GP I LLC (the "General Partners") serves as general partner to certain applicable Funds. |
| F2 | EPCM and the General Partners could be deemed to have an "indirect pecuniary interest" (within the meaning of Rule 16a-1(a)(2)(ii) under the Securities Exchange Act of 1934) in securities reported herein. |
| F3 | Each of the Reporting Persons hereby disclaims beneficial ownership of the securities described in this report pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934 and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of any of the reported securities for purposes of Section 16 or for any other purpose. |