1
|
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
MICHAEL S. GROSS
|
||||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ☐ (b) ⌧
|
||||
3
|
SEC USE ONLY
|
||||
4
|
SOURCE OF FUNDS
PF
|
||||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
☐
|
||||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
|
||||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7
|
SOLE VOTING POWER
832,000
|
|||
8
|
SHARED VOTING POWER
3,200,649
|
||||
9
|
SOLE DISPOSITIVE POWER
832,000
|
||||
10
|
SHARED DISPOSITIVE POWER
3,200,649
|
||||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,032,649
|
||||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐
|
||||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.4%
|
||||
14
|
TYPE OF REPORTING PERSON
IN
|
1
|
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
BRUCE J. SPOHLER
|
||||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ☐ (b) ⌧
|
||||
3
|
SEC USE ONLY
|
||||
4
|
SOURCE OF FUNDS
PF
|
||||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
☐
|
||||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
|
||||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7
|
SOLE VOTING POWER
318,894
|
|||
8
|
SHARED VOTING POWER
3,400,115
|
||||
9
|
SOLE DISPOSITIVE POWER
318,894
|
||||
10
|
SHARED DISPOSITIVE POWER
3,400,115 |
||||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,719,909
|
||||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐
|
||||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.8%
|
||||
14
|
TYPE OF REPORTING PERSON
IN
|
1
|
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
SOLAR CAPITAL INVESTORS, LLC
|
||||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ☐ (b) ⌧
|
||||
3
|
SEC USE ONLY
|
||||
4
|
SOURCE OF FUNDS
WC
|
||||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
☐
|
||||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
||||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7
|
SOLE VOTING POWER
1,285,013
|
|||
8
|
SHARED VOTING POWER
0
|
||||
9
|
SOLE DISPOSITIVE POWER
1,285,013
|
||||
10
|
SHARED DISPOSITIVE POWER
0
|
||||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,285,013
|
||||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐
|
||||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.4%
|
||||
14
|
TYPE OF REPORTING PERSON
OO
|
1
|
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
SOLAR CAPITAL INVESTORS II, LLC
|
||||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ☐ (b) ⌧
|
||||
3
|
SEC USE ONLY
|
||||
4
|
SOURCE OF FUNDS
WC
|
||||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
☐
|
||||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
||||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7
|
SOLE VOTING POWER
715,000
|
|||
8
|
SHARED VOTING POWER
0
|
||||
9
|
SOLE DISPOSITIVE POWER
715,000
|
||||
10
|
SHARED DISPOSITIVE POWER
0
|
||||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
715,000
|
||||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐
|
||||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.3%
|
||||
14
|
TYPE OF REPORTING PERSON
OO
|
1
|
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
SOLAR SENIOR CAPITAL INVESTORS, LLC
|
||||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ☐ (b) ⌧
|
||||
3
|
SEC USE ONLY
|
||||
4
|
SOURCE OF FUNDS
WC
|
||||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
☐
|
||||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
||||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7
|
SOLE VOTING POWER
355,107
|
|||
8
|
SHARED VOTING POWER
0
|
||||
9
|
SOLE DISPOSITIVE POWER
355,107
|
||||
10
|
SHARED DISPOSITIVE POWER
0
|
||||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
355,107
|
||||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐
|
||||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.7%
|
||||
14
|
TYPE OF REPORTING PERSON
OO
|
1
|
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
SLR CAPITAL MANAGEMENT, LLC
|
||||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ☐ (b) ⌧
|
||||
3
|
SEC USE ONLY
|
||||
4
|
SOURCE OF FUNDS
WC
|
||||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
☐
|
||||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
||||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7
|
SOLE VOTING POWER
77
|
|||
8
|
SHARED VOTING POWER
0
|
||||
9
|
SOLE DISPOSITIVE POWER
77
|
||||
10
|
SHARED DISPOSITIVE POWER
0
|
||||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
77
|
||||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐
|
||||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 0.1%
|
||||
14
|
TYPE OF REPORTING PERSON
OO
|
A.
|
|
Michael S. Gross
|
|||
|
(a)
|
|
As of the close of business on March 8, 2024, Michael S. Gross beneficially owned 4,032,649 shares of Common Stock.
|
||
|
|
Percentage: 7.4%
|
|||
(b)
|
|
1. Sole power to vote or direct vote: 832,000 (1)
2. Shared power to vote or direct vote: 3,200,649 (2)
3. Sole power to dispose or direct the disposition: 832,000 (1)
4. Shared power to dispose or direct the disposition: 3,200,649 (2)
(1) Mr. Gross has sole voting and dispositive power with respect to 832,000 shares of Common Stock through his personal accounts, family trusts and a profit sharing plan in which Mr.
Gross is the sole participant.
(2) Mr. Gross, as a controlling member of Solar Investors, Solar Investors II, Solar Senior Investors, SLR Management and SLR Capital Partners, LLC (“SLR Partners”), which controls Solar
Capital Partners Employee Stock Plan, LLC ( “SCP Plan”), has shared voting and dispositive power with respect 3,200,649 shares of Common Stock, which are held by Solar Investors, Solar Investors II, Solar Senior Investors, SLR Management and
SCP Plan (as defined below).
|
|||
B.
|
|
Bruce J. Spohler
|
|||
|
(a)
|
|
As of the close of business on March 8, 2024, Bruce J. Spohler beneficially owned 3,719,009 shares of Common Stock.
|
||
|
|
Percentage: 6.8%
|
|||
|
(b)
|
|
1. Sole power to vote or direct vote: 318,894 (1)
2. Shared power to vote or direct vote: 3,400,115 (2)
3. Sole power to dispose or direct the disposition: 318,894 (1)
4. Shared power to dispose or direct the disposition: 3,400,115 (2)
(1) Mr. Spohler has sole voting and dispositive power with respect to 318,894 shares of Common Stock through his personal accounts and a family LLC of which he is the manager.
(2) Mr. Spohler, as a controlling member of Solar Investors, Solar Investors II, Solar Senior Investors, SLR Management, SCP Plan and a family trust of which he a co-trustee (the “Spohler
Trust”), Mr. Spohler has shared voting and dispositive power with respect to 3,400,115 shares of Common Stock, which are held by Solar Investors, Solar Investors II, Solar Senior Investors, SLR Management, SCP Plan and the Spohler Trust.
|
C.
|
|
Solar Capital Investors, LLC (“Solar Investors”)
|
||
|
(a)
|
|
As of the close of business on March 8, 2024, Solar Investors beneficially owned 1,285,013 shares of Common Stock.
|
|
|
|
Percentage: 2.4%
|
||
|
(b)
|
|
1. Sole power to vote or direct vote: 1,285,013
2. Shared power to vote or direct vote: 0
3. Sole power to dispose or direct the disposition: 1,285,013
4. Shared power to dispose or direct the disposition: 0
|
|
|
||||
D.
|
|
Solar Capital Investors II, LLC (“Solar Investors II”)
|
||
|
(a)
|
|
As of the close of business on March 8, 2024, Solar Investors II beneficially owned 715,000 shares of Common Stock.
|
|
|
|
Percentage: 1.3%
|
||
|
(b)
|
|
1. Sole power to vote or direct vote: 715,000
2. Shared power to vote or direct vote: 0
3. Sole power to dispose or direct the disposition: 715,000
4. Shared power to dispose or direct the disposition: 0
|
E.
|
|
Solar Senior Capital Investors, LLC (“Solar Senior Investors”)
|
||
|
(a)
|
|
As of the close of business on March 8, 2024, Solar Senior Investors beneficially owned 355,107 shares of Common Stock.
|
|
|
|
Percentage: 0.7%
|
||
|
|
(b)
|
|
1. Sole power to vote or direct vote: 355,107
2. Shared power to vote or direct vote: 0
3. Sole power to dispose or direct the disposition: 355,107
4. Shared power to dispose or direct the disposition: 0
|
F.
|
|
SLR Capital Management, LLC (“SLR Management”)
|
||
|
(a)
|
|
As of the close of business on March 8, 2024, SLR Management beneficially owned 77 shares of Common Stock.
|
|
|
|
Percentage: Less than 0.1%
|
||
|
(b)
|
|
1. Sole power to vote or direct vote: 77
2. Shared power to vote or direct vote: 0
3. Sole power to dispose or direct the disposition: 77
4. Shared power to dispose or direct the disposition: 0
|
MICHAEL S. GROSS
|
||
By:
|
|
/s/ Michael S. Gross
|
BRUCE J. SPOHLER
|
||
By:
|
|
/s/ Bruce J. Spohler
|
SOLAR CAPITAL INVESTORS, LLC
|
||
By:
|
|
/s/ Michael S. Gross
|
Name:
|
|
Michael S. Gross
|
Title:
|
|
Managing Member
|
SOLAR CAPITAL INVESTORS II, LLC
|
||
By:
|
|
/s/ Michael S. Gross
|
Name:
|
|
Michael S. Gross
|
Title:
|
|
Managing Member
|
SOLAR SENIOR CAPITAL INVESTORS, LLC
|
||
By:
|
|
/s/ Michael S. Gross
|
Name:
|
|
Michael S. Gross
|
Title:
|
|
Managing Member
|
SLR CAPITAL MANAGEMENT, LLC
|
||
By: SLR Capital Partners, LLC, its Sole Member
|
||
By:
|
|
/s/ Michael S. Gross
|
Name:
|
|
Michael S. Gross
|
Title:
|
|
Managing Member
|
|
|
|
|
|
|
|
|
|
Trade Date
|
|
Amount Purchased/(Sold)
|
|
|
Price
|
|
||
03/04/2024
|
|
|
40,000
|
|
|
|
15.08 (1)
|
|
03/05/2024
|
46,700
|
15.23 (2)
|
||||||
03/06/2024
|
46,700
|
15.44 (3)
|
||||||
03/07/2024
|
46,700
|
15.72 (4)
|
03/08/2024
|
22,636
|
15.74 (5)
|