Full Circle Capital (FULL) Form 4 Full Circle Capital / JOHN EDWARD STUART ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

STUART JOHN EDWARD

(Last) (First) (Middle)

102 GREENWICH AVENUE, 2ND FLOOR

(Street)

GREENWICH CT 06830

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Full Circle Capital Corp [ FULL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Chairman

3. Date of Earliest Transaction (Month/Day/Year)
04/07/2015

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/07/2015		P		1,428,572	A	$3.5	1,453,692	I	By Full Circle Advisors, LLC(1)
Common Stock	04/07/2015		P		6,400	A	$3.5	41,830	D
Common Stock	04/07/2015		P		3,000	A	$3.5	4,000	I	By Michele G. Stuart
Common Stock	04/07/2015		P		2,900	A	$3.5	19,351	I	By John E. Stuart GST Trust
Common Stock	04/07/2015		P		3,000	A	$3.5	9,258	I	By Mary E. Stuart 2001 Grantor Trust
Common Stock								237	I	By Full Circle Investments, LLC(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Subscription Rights(3)	$3.5	03/30/2015		X		1,428,572		03/13/2015	03/30/2015	Common Stock	1,428,572	$0	0	I	By Full Circle Advisors, LLC(1)
Subscription Rights(3)	$3.5	03/30/2015		X		6,400		03/13/2015	03/30/2015	Common Stock	6,400	$0	0	D
Subscription Rights(3)	$3.5	03/30/2015		X		3,000		03/13/2015	03/30/2015	Common Stock	3,000	$0	0	I	By Michele G. Stuart
Subscription Rights(3)	$3.5	03/30/2015		X		2,900		03/13/2015	03/30/2015	Common Stock	2,900	$0	0	I	By John E. Stuart GST Trust
Subscription Rights(3)	$3.5	03/30/2015		X		3,000		03/13/2015	03/30/2015	Common Stock	3,000	$0	0	I	By Mary E. Stuart 2001 Grantor Trust

Explanation of Responses:

1. Amount represents 1,453,692 shares owned by Full Circle Advisors LLC, of which Mr. Stuart is a managing member thereof.

2. Amount represents 237 shares owned by Full Circle Investments LLC, of which Mr. Stuart is a managing member thereof.

3. Subscription Rights received pursuant to a pro rata distribution thereof to the stockholders of record of Full Circle Capital Corporation as of March 6, 2015 in connection with a rights offering.

	/s/ John Edward Stuart	04/07/2015
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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