Phoenix Holdings Ltd. - May 11, 2022 Form 4 Insider Report for Stellus Private Credit BDC (NONE)

Role
10%+ Owner
Signature
/s/ Haggai Schreiber, Chief Investments Officer, Deputy CEO /s/ Eli Schwartz, Deputy CEO, CFO, Head of Finance
Stock symbol
NONE
Transactions as of
May 11, 2022
Transactions value $
$0
Form type
4
Date filed
8/18/2022, 04:05 PM
Previous filing
Mar 3, 2022
Next filing
Aug 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NONE Common shares Other +428K +58.07% 1.16M May 11, 2022 See footnote F1, F2
transaction NONE Common shares Other +75.5K +58.07% 205K May 11, 2022 See footnote F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 27, 2022, the Issuer issued a capital call notice to certain investors that have committed to purchase its common shares. Pursuant to such capital call notice, the Reporting Person was obligated to make a capital contribution of $7,426,452.41 on May 27, 2022, and the Company issued 503,147 shares of Common Stock to the Reporting Person on such date.
F2 Holds interests of Stellus Private Credit BDC in Stellus Private Credit BDC Feeder LP. The ordinary shares are owned directly by Shotfut Ashrai Lo Sachir, which is a wholly-owned subsidiary of the Reporting Person. The Reporting Person is an indirect beneficial owner of the reported securities.
F3 Holds interests of Stellus Private Credit BDC in Stellus Private Credit BDC Feeder LP. The ordinary shares are owned directly by Phoenix Insurance Ltd., which is a wholly-owned subsidiary of the Reporting Person. The Reporting Person is an indirect beneficial owner of the reported securities.