Phoenix Financial Ltd. - 15 Aug 2023 Form 4 Insider Report for Stellus Private Credit BDC

Role
10%+ Owner
Signature
/s/ Haggai Schreiber, Chief Investments Officer, Deputy CEO, /s/ Eli Schwartz, Deputy CEO, CFO, Head of Finance, /s/ Stuart Schapiro, Director, /s/ Alex Shchuchensky, CPA
Issuer symbol
N/A
Transactions as of
15 Aug 2023
Net transactions value
$0
Form type
4
Filing time
16 Aug 2023, 11:16:09 UTC
Previous filing
22 May 2023
Next filing
28 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction Common shares Other +129,269 +7.7% 1,812,660 15 Aug 2023 See footnote F1, F2
transaction Common shares Other +22,812 +7.7% 319,848 15 Aug 2023 See footnote F1, F3
transaction Common shares Other +16,677 +4.9% 355,993 15 Aug 2023 See footnote F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On 15 August 2023, 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 $2,527,990, and the Company issued 168,758 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.
F4 Holds interests of Stellus Private Credit BDC in Stellus Private Credit BDC Feeder LP. The ordinary shares are owned directly by Phoenix Invest Direct Lending LP, which is a wholly-owned subsidiary of the Reporting Person. The Reporting Person is an indirect beneficial owner of the reported securities.