Form Type: 4

SEC EDGAR Link
Accession Number:0001104659-21-082841
Date:2021-06-15
Issuer: OXFORD LANE CAPITAL CORP. (OXLC)
Original Submission Date:

Reporting Person:

EAGLE POINT CREDIT MANAGEMENT LLC
600 STEAMBOAT ROAD,
SUITE 202 GREENWICH,, CT 06830

Reporting Person:

MAJEWSKI THOMAS P.
600 STEAMBOAT ROAD,
SUITE 202 GREENWICH,, CT 06830

Reporting Person:

EAGLE POINT CREDIT GP I LP
600 STEAMBOAT RD
SUITE 202 GREENWICH, CT 06830

Reporting Person:

EAGLE POINT DIF GP I LLC
600 STEAMBOAT ROAD,
SUITE 202 GREENWICH,, CT 06830

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
6.75% NOTES DUE 2031, $25.00 DENOMINATIONS (OXLCL) 2021-06-15 S 1,251,075 d $1,273,650.00 21,447,625 indirect f11,f12,f15
6.75% NOTES DUE 2031, $25.00 DENOMINATIONS (OXLCL) 2021-06-16 S 432,600 d $439,814.00 21,015,025 indirect f11,f12,f15
6.75% NOTES DUE 2031, $25.00 DENOMINATIONS (OXLCL) 2021-06-17 S 273,300 d $277,578.00 20,741,725 indirect f11,f12,f15
6.75% SERIES 2024 TERM PREFERRED STOCK (OXLCM) 2021-06-15 S 4,521 d $25.21 362,145 indirect f14,f15
6.75% SERIES 2024 TERM PREFERRED STOCK (OXLCM) 2021-06-16 S 7,392 d $25.12 354,753 indirect f14,f15
6.75% SERIES 2024 TERM PREFERRED STOCK (OXLCM) 2021-06-17 S 21,994 d $25.04 332,759 indirect f14,f15
6.25% SERIES 2027 TERM PREFERRED STOCK (OXLCP) 2021-06-15 S 2,800 d $25.11 630,006 indirect f14,f15
6.25% SERIES 2027 TERM PREFERRED STOCK (OXLCP) 2021-06-16 S 13,441 d $25.00 616,565 indirect f14,f15
6.25% SERIES 2027 TERM PREFERRED STOCK (OXLCP) 2021-06-17 S 13,800 d $24.95 602,765 indirect f14,f15
6.75% SERIES 2024 TERM PREFERRED STOCK (OXLCM) 2021-06-15 0 $0.00 9,450 f13 direct
6.25% SERIES 2027 TERM PREFERRED STOCK (OXLCP) 2021-06-15 0 $0.00 11,000 f13 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
Footnotes
IDfootnote
f1 the amount reported reflects the aggregate principal amount (based on face value), with respect to the notes, and the aggregate number of shares, with respect to the preferred stock.
f2 the price reported reflects the aggregate sales price of the notes. these securities were sold in multiple transactions at prices ranging from $25.44 to $25.47 per note, inclusive, at a weighted average price of $25.45 per note. upon request by the staff of the securities and exchange commission, the issuer or any security holder of the issuer, the reporting person undertakes to provide full information regarding the number of notes/shares sold at each separate price within the ranges set forth in this footnote and each of the other applicable footnotes contained in this form 4.
f3 the price reported reflects the aggregate sales price. these securities were sold in multiple transactions at prices ranging from $25.40 to $25.50 per note, inclusive, at a weighted average price of $25.42 per note.
f4 the price reported reflects the aggregate sales price. these securities were sold in multiple transactions at prices ranging from $25.37 to $25.42 per note, inclusive, at a weighted average price of $25.39 per note.
f5 the price reported reflects the weighted average sales price per share. these securities were sold in multiple transactions at prices ranging from $25.20 to $25.30 per share, inclusive.
f6 the price reported reflects the weighted average sales price per share. these securities were sold in multiple transactions at prices ranging from $25.08 to $25.18 per share, inclusive.
f7 the price reported reflects the weighted average sales price per share. these securities were sold in multiple transactions at prices ranging from $24.99 to $25.10 per share, inclusive.
f8 the price reported reflects the weighted average sales price per share. these securities were sold in multiple transactions at prices ranging from $25.10 to $25.15 per share, inclusive.
f9 the price reported reflects the weighted average sales price per share. these securities were sold in multiple transactions at prices ranging from $24.95 to $25.21 per share, inclusive.
f10 the price reported reflects the weighted average sales price per share. these securities were sold in multiple transactions at prices ranging from $24.94 to $25.00 per share, inclusive.
f11 the securities are directly owned by certain private investment funds (the "funds") and certain separately-managed client accounts (the "accounts"). eagle point credit gp i lp and eagle point dif gp i llc (together, the "general partners") serve as general partner to one or more of the funds. accordingly, the general partners could be deemed to have an indirect pecuniary interest in the securities held by the fund(s) for which they serve as general partner. eagle point credit management llc ("epcm") serves as investment manager to the accounts and, due to the nature of the advisory relationship, could be deemed to have an indirect pecuniary interest in the securities held by each of the accounts.
f12 eagle point holdings lp ("ep holdings") is the parent company of each of the general partners and epcm. thomas p. majewski has certain economic rights with respect to ep holdings (and epcm) that could be deemed to give rise to an indirect pecuniary interest in the securities held by the funds and the accounts. among the reporting persons, each of eagle point credit gp i lp and mr. majewski could be deemed to have an indirect pecuniary interest in the securities sold that are reported herein.
f13 thomas p. majewski directly owns the securities in his personal capacity. none of the other reporting persons has a pecuniary interest in these securities.
f14 the securities are directly owned by the funds. accordingly, for the reasons described above in footnotes 6 and 7, the general partners, epcm, and mr. majewski could be deemed to have an indirect pecuniary interest in the applicable securities.
f15 each of the reporting persons hereby disclaims beneficial ownership of the securities described in this report pursuant to rule 16a-1(a)(4) under the securities exchange act of 1934 (except, with respect to mr. majewski, to the extent of his direct pecuniary interest therein) and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of any of the reported securities for purposes of section 16 or for any other purpose.
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