X0304 5 2011-12-31 0 0 1 0001444706 KEATING CAPITAL INC KIPO 0001166044 KEATING TIMOTHY J 5251 DTC PARKWAY, SUITE 1000 GREENWOOD VILLAGE CO 80111 1 1 0 0 CEO and President Common Stock, par value $0.001 per share 2011-06-30 4 P 0 L 564 10.00 A 90000 D Common Stock, par value $0.001 per share 2011-09-21 4 S 0 L 664 0 D 90000 D This Form 5 is is being filed to disclose that Keating Investments, LLC acquired 564 shares of the Issuer's common stock in the Issuer's registered public offering on 6/30/11. Following this acquisition, Keating Investments, LLC owned a total of 664 shares of the Issuer's common stock, all of which were deemed to be beneficially owned by Timothy J. Keating through his voting and investment control over the securities owned by Keating Investments, LLC. This Form 5 is also being filed to disclose that the above 664 shares owned by Keating Investments, LLC were distributed to a member of Keating Investments, LLC on 9/21/2011. Accordingly, such shares are no longer deemed to be beneficially owned by Timothy J. Keating as of 9/21/11. /s/ Timothy J. Keating 2012-02-28