Key facts
- This page summarizes Eagle Point Credit Management LLC's Form 4 filing for Oxford Lane Capital Corp. (OXLC).
- 2 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 29 Jun 2021, 20:48.
Eagle Point Credit Management LLC - 29 Jun 2021 Form 4 Insider Report for Oxford Lane Capital Corp. (OXLC)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- OXLC
- Reported as of
- 29 Jun 2021
- Net transaction value
- -$357,586
- SEC form
- 4
- Accepted by SEC
- 29 Jun 2021, 20:48:26 UTC
- Prior SEC filing
- 28 Jun 2021
- Next SEC filing
- 20 Sep 2021
- Source filing
- View source filing
- Reporting owner signature
- /s/ Kenneth P. Onorio, Chief Financial Officer of Eagle Point Credit Management LLC
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Eagle Point Credit Management LLC filed Form 4 for Oxford Lane Capital Corp. (OXLC) on 29 Jun 2021.
Change
- Previous filing in this sequence was filed on 28 Jun 2021.
- Current net transaction value: -$357,586.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
OXLC
transaction
6.75% Series 2024 Term Preferred Stock (OXLCM)
Sale
- Transaction value
- $89,106
- Shares
- -3,543
- Change %
- -1.6%
- Price
- $25.15
- Shares after
- 213,543
- Date
- 29 Jun 2021
- Ownership
- See footnote
- Footnotes
- F1, F2, F4, F5, F7
OXLC
transaction
6.25% Series 2027 Term Preferred Stock (OXLCP)
Sale
- Transaction value
- $268,480
- Shares
- -10,778
- Change %
- -2.8%
- Price
- $24.91
- Shares after
- 380,145
- Date
- 29 Jun 2021
- Ownership
- See footnote
- Footnotes
- F1, F3, F4, F5, F7
OXLC
holding
6.75% Notes due 2031, $25.00 denominations (OXLCL)
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- $20,741,725
- Date
- 29 Jun 2021
- Ownership
- See footnote
- Footnotes
- F1, F5, F6, F7
OXLC
holding
6.75% Series 2024 Term Preferred Stock (OXLCM)
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 9,450
- Date
- 29 Jun 2021
- Ownership
- Direct
- Footnotes
- F1, F8
OXLC
holding
6.25% Series 2027 Term Preferred Stock (OXLCP)
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 11,000
- Date
- 29 Jun 2021
- Ownership
- Direct
- Footnotes
- F1, F8
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Eagle Point Credit Management LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 8 footnotes
Footnote F1
The amount reported reflects the aggregate principal amount (based on face value), with respect to the notes, and the aggregate number of shares, with respect to the preferred stock.
Footnote F2
The price reported reflects the weighted average sales price per share. These securities were sold in multiple transactions at prices ranging from $25.14 to $25.23 per share, inclusive. Upon request by the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer, the reporting person undertakes to provide full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote and each of the other applicable footnotes contained in this Form 4.
Footnote F3
The price reported reflects the weighted average sales price per share. These securities were sold in multiple transactions at prices ranging from $24.90 to $24.94 per share, inclusive.
Footnote F4
The securities are directly owned by certain private investment funds (the "Funds") managed by Eagle Point Credit Management ("EPCM"). Eagle Point Credit GP I LP and Eagle Point DIF GP I LLC (the "General Partners") serve as general partner to one or more of the Funds. Accordingly, EPCM and the General Partners could be deemed to have an indirect pecuniary interest in the securities held by the applicable Fund(s).
Footnote F5
Eagle Point Holdings LP ("EP Holdings") is the parent company of EPCM and each of the General Partners, and Thomas P. Majewski has certain economic rights with respect to EP Holdings (and EPCM) that could be deemed to give rise to an indirect pecuniary interest in the securities held by the Funds and the Accounts. Accordingly, each of the Reporting Persons could be deemed to have an indirect pecuniary interest in all or a portion of the securities sold that are reported herein.
Footnote F6
The securities are directly owned by the Funds and certain separately-managed client accounts (the "Accounts"). EPCM serves as investment manager to the Accounts and, due to the nature of the advisory relationship, could be deemed to have an indirect pecuniary interest in the securities held by each of the Accounts (as well as the securities held by the Funds).
Footnote F7
Each of the Reporting Persons hereby disclaims beneficial ownership of the securities described in this report pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934 (except, with respect to Mr. Majewski, to the extent of his direct pecuniary interest therein) and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of any of the reported securities for purposes of Section 16 or for any other purpose.
Footnote F8
Thomas P. Majewski directly owns the securities in his personal capacity. None of the other Reporting Persons has a pecuniary interest in these securities.