Jeffrey A. Cerny - 18 Oct 2023 Form 4 Insider Report for OFS Credit Company, Inc. (OCCI)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
20 Oct 2023, 10:15:31 UTC
Prior SEC filing
21 Jul 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Jeffrey A. Cerny

Key filing fact

Jeffrey A. Cerny filed Form 4 for OFS Credit Company, Inc. (OCCI) on 20 Oct 2023.

Key facts

  • This page summarizes Jeffrey A. Cerny's Form 4 filing for OFS Credit Company, Inc. (OCCI).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 20 Oct 2023, 10:15.

Change

  • Previous filing in this sequence was filed on 21 Jul 2023.
  • Current net transaction value: $0.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

OCCI transaction

Common Stock

Other

Transaction value
$0
Shares
+1,690
Change %
+7.9%
Price
$0.000000
Shares after
23,139
Date
18 Oct 2023
Ownership
Direct
Footnotes
F1
OCCI transaction

Common Stock

Other

Transaction value
$0
Shares
+9,517
Change %
+5.3%
Price
$0.000000
Shares after
188,601
Date
18 Oct 2023
Ownership
Owned by Orchard First Source Asset Management Holdings, LLC
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

On September 1, 2023, the Issuer's board of directors declared a $0.55 per share quarterly distribution (the "Dividend") for the quarter ending October 31, 2023, payable to holders of record of common stock on September 15, 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 1,690 and 9,517 shares of common stock, respectively, as of October 31, 2023.

Footnote 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.

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