0000899243-20-024164.txt : 20200903
0000899243-20-024164.hdr.sgml : 20200903
20200903171428
ACCESSION NUMBER: 0000899243-20-024164
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200901
FILED AS OF DATE: 20200903
DATE AS OF CHANGE: 20200903
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: GROSS MICHAEL S
CENTRAL INDEX KEY: 0001186884
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 814-00849
FILM NUMBER: 201159951
MAIL ADDRESS:
STREET 1: C/O SOLAR CAPITAL LTD.
STREET 2: 500 PARK AVENUE, 3RD FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Solar Senior Capital Ltd.
CENTRAL INDEX KEY: 0001508171
IRS NUMBER: 274288022
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 500 PARK AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10022
BUSINESS PHONE: (212) 993-1670
MAIL ADDRESS:
STREET 1: 500 PARK AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10022
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2020-09-01
0
0001508171
Solar Senior Capital Ltd.
SUNS
0001186884
GROSS MICHAEL S
C/O SOLAR SENIOR CAPITAL LTD.,
500 PARK AVENUE
NEW YORK
NY
10022
1
1
0
0
See Remarks
Common Stock
2020-09-01
4
P
0
2635
13.15
A
653578
I
See Footnotes
Common Stock
2020-09-01
4
P
0
5000
13.16
A
236608
D
Common Stock
2020-09-02
4
P
0
3844
13.20
A
240452
D
Common Stock
2020-09-03
4
P
0
2635
13.16
A
243087
D
These shares were purchased in multiple transactions each at $13.15. The reporting person undertakes to provide to Solar Senior Capital Ltd. (the "Issuer"), any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number purchased at each separate price set forth above in the transactions reported in this footnote or in footnotes (5), (6) or (7).
The total includes 21,844 shares of the Issuer directly held by Mr. Gross' profit sharing plan (the "Profit Sharing Plan"), 2,635 of which are reported as purchased on this Form 4. Mr. Gross may be deemed to directly beneficially own these shares as the sole participant in the Profit Sharing Plan. Includes 79,417 shares of the Issuer held by Solar Capital Partners Employee Stock Plan, LLC (the "SCP Plan"). The SCP Plan is controlled by Solar Capital Partners, LLC ("Solar Capital Partners"). Michael S. Gross and Bruce J. Spohler may be deemed to indirectly beneficially own a portion of the shares held by the SCP Plan by virtue of their collective ownership interest in Solar Capital Partners.
Continued from Footnote (2)) In addition, the total includes 455,500 shares of the Issuer held by Solar Senior Capital Investors, LLC ("Solar Senior Investors") and 100 shares of the Issuer held by Solar Capital Management, LLC ("Solar Management"), a portion of both of which may be deemed to be indirectly beneficially owned by Messrs. Gross and Spohler by virtue of their collective ownership interest therein. In addition, the total includes 96,717 shares of the Issuer held by a grantor retained annuity trust setup by and for Mr. Gross (the "GRAT"). As the sole trustee of the GRAT, Mr. Gross may be deemed to directly beneficially own all of the shares held by the GRAT.
(Continued from Footnote (3)) Mr. Gross disclaims beneficial ownership of any of the Issuer's securities directly held by the SCP Plan, Solar Senior Investors or Solar Management, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that Mr. Gross is the beneficial owner of such securities for purposes of Section 16 or any other purpose.
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions. The reported price for the share purchase made on September 1, 2020 is based on prices of $13.15 and $13.16 per share.
These shares were purchased in multiple transactions each at $13.20.
These shares were purchased in multiple transactions each at $13.16.
Co-Chief Executive Officer, President, Chairman of the Board
/s/ Michael S. Gross
2020-09-03