Sec Form 13G Filing - ADAMS STEPHEN filing for SLR Senior Investment Corp. (SUNS) - 2013-04-26

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

o

Rule 13d-1(b)

x

Rule 13d-1(c)

o

Rule 13d-1(d)

CUSIP No. 83416M105

13G

1

Names of Reporting Persons
Stephen Adams

2

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)

o

(b)

o

3

SEC Use Only

4

Citizenship or Place of Organization
United States of America

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
0  shares of Common Stock as of December 31, 2012—See Item 4(1)

6

Shared Voting Power
13,833 shares of Common Stock as of December 31, 2012—See Item 4(1)

7

Sole Dispositive Power
0  shares of Common Stock as of December 31, 2012—See Item 4(1)

8

Shared Dispositive Power
13,833 shares of Common Stock as of December 31, 2012—See Item 4(1)

9

Aggregate Amount Beneficially Owned by Each Reporting Person
13,833 shares of Common Stock as of December 31, 2012—See Item 4(2)

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

11

Percent of Class Represented by Amount in Row 9
0.1%(2) as of December 31, 2012(2)

12

Type of Reporting Person (See Instructions)
IN

CUSIP No. 83416M105

13G

Item 1(a).

Name of Issuer:
Solar Senior Capital Ltd.

Item 1(b).

Address of Issuer’s Principal Executive Offices:
500 Park Avenue

New York, NY 10022

Item 2(a).

Name of Person Filing:
The name of the person filing this Schedule 13G is Stephen Adams, a Connecticut resident, as the grantor and sole trustee of The Stephen Adams Living Trust, a revocable trust, and as the co-trustee of six irrevocable trusts for the benefit of his grandchildren, which trusts own the securities that are the subject of this Schedule 13G amendment.

Item 2(b).

Address of Principal Business Office or, if none, Residence:
88 Old Roxbury Road

Roxbury, CT 06783

Item 2(c).

Citizenship :
United States of America

Item 2(d).

Title of Class of Securities:
Common Stock, $0.01 per share

Item 2(e).

CUSIP Number:
83416M105

CUSIP No. 83416M105

13G

Item 3.

If this statement is filed pursuant to §§ 240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a:

Not applicable.

Item 4.

Ownership.

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

(a)

Amount beneficially owned:   

13,833 shares of Common Stock as of December 31, 2012 (see Note 1 below)

(b)

Percent of class:   

0.1% as of December 31, 2012 (see Note 2 below)

(c)

Number of shares as to which such person has:

(i)

Sole power to vote or to direct the vote:   

0 as of December 31, 2012 (see Note 1 below)

(ii)

Shared power to vote or to direct the vote:    

13,833 as of December 31, 2012 (see Note 1 below)

(iii)

Sole power to dispose or to direct the disposition of:   

0 as of December 31, 2012 (see Note 1 below)

(iv)

Shared power to dispose or to direct the disposition of:   

13,833 as of December 31, 2012 (see Note 1 below)

Notes:

1                 As of the date of this filing, Stephen Adams (the “Reporting Person”) is the beneficial owner of 13,833 shares of the common stock, par value $0.01 per share (the “Common Stock”), of Solar Senior Capital Ltd. (the “Issuer”), consisting of (i) 0 shares of Common Stock owned by The Stephen Adams Living Trust, a revocable trust, under which the Reporting Person serves as grantor and sole trustee (the “Stephen Adams Living Trust”); and (ii) 13,833 shares held in six irrevocable trusts for the benefit of the Reporting Person’s grandchildren under which he serves as grantor and co-trustee (the “Grandchildren Trusts”).  The Reporting Person has sole power to vote and dispose of no shares of Common Stock and has shared voting and dispositive power over the 13,833 shares held in the Grandchildren Trusts.  The filing of this statement shall not be construed as an admission that the Reporting Person is, for purposes of Section 13(d) of the Securities Exchange Act of 1934 or otherwise, the beneficial owner of the shares held in trust for the benefit of the Reporting Person’s grandchildren.

CUSIP No. 83416M105

13G

On or before February 14, 2013, the Reporting Person should have filed an amendment to the Schedule 13G to report, as of December 31, 2012, changes in the information reported in his initial 13G filing, which amendment, if timely filed, would have reflected Reporting Person’s beneficial ownership on December 31, 2012, as 13,833 shares of Common Stock, representing approximately 0.1% of the Issuer’s outstanding shares of Common Stock.  The changes in the Reporting Person’s beneficial ownership at that time were due to dispositions from May 31, 2012 through December 31, 2012 of an aggregate of 702,084 shares of Common Stock by The Stephen Adams Living Trust.

2      As of December 31, 2012, the Reporting Person’s beneficial ownership percentage is based upon 9,500,100 shares of Common Stock outstanding as of December 31, 2012, as reported in the Annual Report on Form 10-K for the period ended December 31, 2012, filed with the Securities and Exchange Commission on February 25, 2013.

Item 5.

Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following  x.

Item 6.

Ownership of More than Five Percent on Behalf of Another Person.

Not applicable.

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.

Not applicable.

Item 8.

Identification and Classification of Members of the Group.

Not applicable.

Item 9.

Notice of Dissolution of Group.

Not applicable.

CUSIP No. 83416M105

13G

Item 10.

Certifications.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

April 26, 2013

(Date)

/s/ Stephen Adams

(Signature)

Stephen Adams

(Name)