Steven P. Novak - Jun 14, 2023 Form 4 Insider Report for Oxford Square Capital Corp. (OXSQ)

Role
Director
Signature
/s/ Steven P. Novak
Stock symbol
OXSQ
Transactions as of
Jun 14, 2023
Transactions value $
$6,892
Form type
4
Date filed
7/6/2023, 04:17 PM
Previous filing
May 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OXSQ Common Stock, par value $0.01 per share Exercise of in-the-money or at-the-money derivative security $6.89K +2.59K +14.88% $2.66 20K Jun 14, 2023 Held by spouse
holding OXSQ Common Stock, par value $0.01 per share 10K Jun 14, 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction OXSQ Transferable Subscription Rights (right to buy) Exercise of in-the-money or at-the-money derivative security $0 -5.8K -100% $0.00* 0 Jun 14, 2023 Common Stock 5.8K $2.66 Held by spouse F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 10, 2023, Oxford Square Capital Corp. (the "Company") announced the commencement of a pro rata offering (the "Rights Offering") of transferable rights (the "Rights") to holders of the Company's common shares, as of the record date of May 23, 2023 ("Record Date Shareholder"), entitling the holders of such rights to subscribe for up to an aggregate of 16,633,723 of the Company's common shares. Record Date Shareholders received one Right for every three common shares held on the record date. The Rights entitle their holders to purchase one new common share for every one Right held. The subscription price per common share is $2.66. The subscription rights expired if they were not exercised by 5:00 p.m. Eastern time on June 14, 2023.