Oaktree Specialty Lending Corp — Director's Dealing 2020

Jan 6, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Oaktree Specialty Lending Corp (OCSL)
CIK: 0001414932
Period of Report: 2020-01-02

Reporting Person: TANNENBAUM LEONARD M (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-01-02	Common Stock	S	94280	$5.4621	Disposed	3871132	Indirect
2020-01-03	Common Stock	S	69700	$5.4589	Disposed	3801432	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	15166858	Direct
Common Stock	754316	Indirect

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $5.45 to $5.49; the price reported reflects the weighted average price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, the issuer, or a security holder of the issuer.

F2: These shares of Common Stock are held by Fifth Street Holdings L.P. ("FSH"), a Delaware limited partnership. Fifth Street Asset Management Inc. ("FSAM") is the general partner of FSH, and Mr. Tannenbaum is the Chairman and Chief Executive Officer of FSAM. Mr. Tannenbaum is also the controlling stockholder of FSAM. Mr. Tannenbaum may be deemed a beneficial owner of such shares of Common Stock, but disclaims beneficial ownership thereof except to the extent of his pecuniary interest.

F3: These shares of Common Stock are held by the Leonard M. Tannenbaum 2012 Trust for the benefit of certain members of the reporting person's family for which Bernard D. Berman is a trustee. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest.