SLR Investment Corp. Files SC 13D/A Amendment

TL;DR

SLR Investment Corp. filed a 13D/A amendment on 3/8/24, watch for ownership changes.

AI Summary

On March 8, 2024, SLR Investment Corp. filed an amendment (SC 13D/A) to its Schedule 13D. This filing indicates a change in beneficial ownership for the company, which is incorporated in Maryland and has its fiscal year end on December 31. The filing was made by Michael S. Gross and Bruce J. Spohler, Co-Chief Executive Officers of SLR Investment Corp.

Why It Matters

This filing signifies a change in the control or beneficial ownership of SLR Investment Corp., which could impact its stock price and strategic direction.

Risk Assessment

Risk Level: medium — Schedule 13D filings, especially amendments, often signal significant changes in a company's ownership structure or strategic intentions, which can introduce volatility.

Key Players & Entities

• SLR Investment Corp. (company) — Subject Company
• Michael S. Gross (person) — Co-Chief Executive Officer and filer
• Bruce J. Spohler (person) — Co-Chief Executive Officer and filer
• SLR CAPITAL MANAGEMENT, LLC (company) — Group Member
• SOLAR CAPITAL INVESTORS II, LLC (company) — Group Member
• SOLAR CAPITAL INVESTORS, LLC (company) — Group Member
• SOLAR SENIOR CAPITAL INVESTORS, LLC (company) — Group Member

FAQ

Key Financial Figures

• $0.01 — ame of Issuer) Common Stock, par value $0.01 per share (Title of Class of Securitie
• $14.95 — ple transactions at prices ranging from $14.95 to $15.13, inclusive. The reporting per
• $15 — ctions at prices ranging from $14.95 to $15.13, inclusive. The reporting persons un
• $15.07 — ple transactions at prices ranging from $15.07 to $15.29, inclusive. (3) The price is
• $15.27 — ple transactions at prices ranging from $15.27 to $15.48, inclusive. (4) The price is
• $15.52 — ple transactions at prices ranging from $15.52 to $15.78, inclusive. (5) The price is
• $15.67 — ple transactions at prices ranging from $15.67 to $15.85, inclusive.

Filing Documents

• form_sc13da-slr.htm (SC 13D/A) — 127KB
• 0001011438-24-000284.txt ( ) — 128KB

Interest in Securities of the Issuer

Item 5. Interest in Securities of the Issuer

of the Schedule 13D is hereby amended and restated as follows

Item 5 of the Schedule 13D is hereby amended and restated as follows: (a) and (b) Items 7 through 11 and 13 of each of the cover pages of this Schedule 13D are incorporated herein by reference. The below information is based on 54,554,634 shares of Common Stock outstanding as of February 23, 2024. As described in Item 4, the Reporting Person may be deemed the beneficial owner of the following: 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 h

Contracts, Arrangements, Understandings or

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer The first paragraph of Item 6 of the Schedule 13D is hereby amended and restated as follows: SCP Plan has issued restricted stock units that are currently outstanding relating to an aggregate of 665,868.0610 shares of Common Stock to certain employees of SLR Partners (the "RSUs"). The RSUs were issued on March 2, 2021, December 2, 2022 and March 9, 2022 and are scheduled to vest 50% on each of the second and third anniversary of grant, subject to the restrictions in the Second Amended and Restated Solar Capital Partners LLC Restricted Stock Unit Plan. RSUs may be settled in shares of the Issuer's Common Stock or the cash value thereof on a one-for-one basis at the election of SCP Plan administrators, Messrs. Gross and Spohler.

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of his or its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: March 8, 2024 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 Appendix A The following table sets forth all transactions with respect to shares of Common Stock effected during the past 60 days by the Reporting Persons, inclusive of any transactions effected through 4:00 p.m., New York City time, on March 8, 2024. All such transactions were purchases of shares of Common Stock effected in the open market through brokers, and the table excludes commissions paid in per share prices. 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) (1) The price is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $14.95 to $15.13, inclusive. The reporting persons undertake to provide to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnotes (1), (2), (3), (4) and (5). (2) The price is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $15.07 to $15.29, inclusive. (3) The

View Full Filing

View this SC 13D/A filing on SEC EDGAR