Jeffrey A. Cerny - 19 Jul 2023 Form 4 Insider Report for OFS Credit Company, Inc. (OCCI)

Role: Director and CFO, Director
Signature: Jeffrey A. Cerny
Issuer symbol: OCCI
Transactions as of: 19 Jul 2023
Net transactions value: $0
Form type: 4
Filing time: 21 Jul 2023, 11:32:44 UTC
Previous filing: 17 Apr 2023
Next filing: 20 Oct 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OCCI	Common Stock	Other	$0	+1,328	+6.6%	$0.000000	21,449	19 Jul 2023	Direct	F1
transaction	OCCI	Common Stock	Other	$0	+7,707	+4.5%	$0.000000	179,084	19 Jul 2023	Owned by Orchard First Source Asset Management Holdings, LLC	F1, F2

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

Explanation of Responses:

Id	Content
F1	On June 1, 2023, the Issuer's board of directors declared a $0.55 per share quarterly distribution (the "Dividend") for the quarter ending July 31, 2023, payable to holders of record of common stock on June 14, 2023 (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, Mr. Cerny and Orchard First Source Asset Management Holdings, LLC ("OFSAM Holdings") will receive 1,328 and 7,707 shares of common stock, respectively, as of July 31, 2023.
F2	These securities are held by OFSAM Holdings. Mr. Cerny has an ownership interest in OFSAM Holdings. As a result, Mr. Cerny may be deemed to beneficially own the securities held by OFSAM Holdings.

Content

On June 1, 2023, the Issuer's board of directors declared a $0.55 per share quarterly distribution (the "Dividend") for the quarter ending July 31, 2023, payable to holders of record of common stock on June 14, 2023 (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, Mr. Cerny and Orchard First Source Asset Management Holdings, LLC ("OFSAM Holdings") will receive 1,328 and 7,707 shares of common stock, respectively, as of July 31, 2023.

These securities are held by OFSAM Holdings. Mr. Cerny has an ownership interest in OFSAM Holdings. As a result, Mr. Cerny may be deemed to beneficially own the securities held by OFSAM Holdings.