Sec Form 4 Filing - DC Funding SPV 2, L.L.C. @ Stellus Capital Investment Corp - 2013-09-12

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
DC Funding SPV 2, L.L.C.
2. Issuer Name and Ticker or Trading Symbol
Stellus Capital Investment Corp [ SCM]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) X __ Other (specify below)
See Footnotes 1 and 2
(Last) (First) (Middle)
1166 AVENUE OF THE AMERICAS, NINTH FLOOR
3. Date of Earliest Transaction (MM/DD/YY)
09/12/2013
(Street)
NEW YORK, NY10036
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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, par value $0.001 per share 09/12/2013 S 1,500 D $ 15.0037 ( 3 ) 1,875,858 D ( 1 ) ( 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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
DC Funding SPV 2, L.L.C.
1166 AVENUE OF THE AMERICAS
NINTH FLOOR
NEW YORK, NY10036
X See Footnotes 1 and 2
D. E. Shaw Direct Capital, L.L.C.
1166 AVENUE OF THE AMERICAS
NINTH FLOOR
NEW YORK, NY10036
X See Footnotes 1 and 2
D. E. SHAW & CO, L.P.
1166 AVENUE OF THE AMERICAS
NINTH FLOOR
NEW YORK, NY10036
X See Footnotes 1 and 2
SHAW DAVID E
120 WEST FORTY FIFTH STREET
NEW YORK, NY10036
X See Footnotes 1 and 2
Signatures
/s/ Nathan Thomas, Authorized Signatory, DC Funding SPV 2, L.L.C. 09/16/2013
Signature of Reporting Person Date
/s/ Nathan Thomas, Chief Compliance Officer, D. E. Shaw Direct Capital, L.L.C. 09/16/2013
Signature of Reporting Person Date
/s/ Nathan Thomas, Chief Compliance Officer, D. E. Shaw & Co., L.P. 09/16/2013
Signature of Reporting Person Date
/s/ Nathan Thomas, Attorney-in-Fact for David E. Shaw 09/16/2013
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The securities reported in this Form 4 are directly held by DC Funding SPV 2, L.L.C. ("SPV 2"). D. E. Shaw Direct Capital, L.L.C. ("DESDC"), as manager of SPV 2; D. E. Shaw & Co., L.P. ("DESCO LP"), as managing member of DESDC; and Mr. David E. Shaw ("David E. Shaw") (as president and sole shareholder of D. E. Shaw & Co., Inc., which is the general partner of DESCO LP) may be deemed to be the beneficial owners of the securities reported in this Form 4 for purposes of Rule 16a-1(a) of the Securities Exchange Act of 1934.
( 2 )In accordance with instruction 4(b)(iv), the entire number of shares of Common Stock of the Issuer that may be deemed to be beneficially owned by SPV 2, DESDC, DESCO LP, and David E Shaw is reported herein. Each of DESDC, DESCO LP, and David E Shaw disclaims any beneficial ownership of any security listed in this Form 4, except to the extent of any pecuniary interest therein.
( 3 )This is a weighted average sale price for the transactions reported on this line. Sales ranged in price from $15.00 to $15.06. The Reporting Person undertakes to provide upon request by the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

Remarks:
Exhibit 24 - Power of Attorney

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).
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