Orchard First Source Asset Management Holdings, LLC - Oct 18, 2023 Form 4 Insider Report for OFS Credit Company, Inc. (OCCI)

Signature
Bilal Rashid, President of Orchard First Source Asset Management Holdings, LLC
Stock symbol
OCCI
Transactions as of
Oct 18, 2023
Transactions value $
$0
Form type
4
Date filed
10/20/2023, 10:13 AM
Previous filing
Jul 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OCCI Common Stock Other $0 +9.52K +5.31% $0.00 189K Oct 18, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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, Orchard First Source Asset Management Holdings, LLC will receive 9,517 shares of common stock as of October 31, 2023.