Orchard First Source Asset Management, LLC - Jul 16, 2021 Form 4 Insider Report for OFS Credit Company, Inc. (OCCI)

Role: Parent of Investment Adviser
Signature: /s/ Bilal Rashid, President of Orchard First Source Asset Management, LLC
Stock symbol: OCCI
Transactions as of: Jul 16, 2021
Transactions value $: $0
Form type: 4
Date filed: 7/20/2021, 05:48 PM
Next filing: Oct 19, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OCCI	Common Stock	Other	$0	+3.26K	+2.69%	$0.00	125K	Jul 16, 2021	Direct	F1
transaction	OCCI	Common Stock	Other	$0	+232	+2.68%	$0.00	8.9K	Jul 16, 2021	Owned by OFS Funding I, LLC	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On May 26, 2021, the Issuer's board of directors declared a $0.54 per share quarterly distribution (the "Dividend") for the quarter ending July 31, 2021, payable to holders of record of common stock on June 14, 2021 (each, a "Stockholder"). The Dividend will be paid in cash or shares of the Issuer's common stock at the election of each Stockholder. The total amount of cash distributed to all Stockholders will be limited to 20% of the total Dividend, excluding any cash paid for fractional shares. The remainder of the Dividend (approximately 80%) will be paid in the form of shares of the Issuer's common stock. In connection with the Dividend, Orchard First Source Asset Management, LLC ("OFSAM") and OFS Funding I, LLC will receive 3,261 and 232 shares of common stock, respectively, as of July 30, 2021.
F2	These securities are held by OFS Funding I, LLC. OFS Funding I, LLC is owned by OFSAM. As a result, OFSAM may be deemed to beneficially own the securities held by OFS Funding I, LLC by virtue of its ownership interest in OFS Funding I, LLC. OFS Capital Management, LLC, investment adviser to OFS Credit Company, Inc., is wholly-owned by OFSAM.

Content

On May 26, 2021, the Issuer's board of directors declared a $0.54 per share quarterly distribution (the "Dividend") for the quarter ending July 31, 2021, payable to holders of record of common stock on June 14, 2021 (each, a "Stockholder"). The Dividend will be paid in cash or shares of the Issuer's common stock at the election of each Stockholder. The total amount of cash distributed to all Stockholders will be limited to 20% of the total Dividend, excluding any cash paid for fractional shares. The remainder of the Dividend (approximately 80%) will be paid in the form of shares of the Issuer's common stock. In connection with the Dividend, Orchard First Source Asset Management, LLC ("OFSAM") and OFS Funding I, LLC will receive 3,261 and 232 shares of common stock, respectively, as of July 30, 2021.

These securities are held by OFS Funding I, LLC. OFS Funding I, LLC is owned by OFSAM. As a result, OFSAM may be deemed to beneficially own the securities held by OFS Funding I, LLC by virtue of its ownership interest in OFS Funding I, LLC. OFS Capital Management, LLC, investment adviser to OFS Credit Company, Inc., is wholly-owned by OFSAM.