Phoenix Holdings Ltd. - Aug 17, 2022 Form 4 Insider Report for Stellus Private Credit BDC (NONE)

Role
10%+ Owner
Signature
/s/ Yehuda Indig, Head of OPM Investments /s/ Eli Schwartz, Deputy CEO, CFO, Head of Finance
Stock symbol
NONE
Transactions as of
Aug 17, 2022
Transactions value $
$0
Form type
4
Date filed
8/22/2022, 11:53 AM
Previous filing
Aug 18, 2022
Next filing
May 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NONE Common shares Other +429K +36.84% 1.59M Aug 17, 2022 See footnote F1, F2
transaction NONE Common shares Other +75.7K +36.84% 281K Aug 17, 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 17 August 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 30 August 2022, and the Company issued 504,514 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.