SEC FORM 4 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*
Wirth Michael I

(Last) (First) (Middle)
C/O KOHLBERG CAPITAL CORPORATION
295 MADISON AVENUE, 6TH FLOOR

(Street)
NEW YORK NY 10017

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Kohlberg Capital CORP [ KCAP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
05/08/2008
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 05/08/2008 X 1,021 A $9.2666 7,392.06(1) D
Common Stock(2) 05/08/2008 X 511 A $9.2666 7,903.06 D
Common Stock 05/08/2008 X 221 A $9.2666 875.95 I By Linda Wirth(3)
Common Stock 05/08/2008 X 27 A $9.2666 139.92 I By Harrison Wirth(4)
Common Stock 05/08/2008 X 27 A $9.2666 139.92 I By Sabrina Wirth(5)
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(6) $9.2666 05/08/2008 X 1,021 03/31/2008 04/28/2008 Common Stock 1,021 $0 0 D
Subscription Rights(6) $9.2666 05/08/2008 X 147 03/31/2008 04/28/2008 Common Stock 147 $0 0 I By Linda Wirth
Subscription Rights(6) $9.2666 05/08/2008 X 18 03/31/2008 04/28/2008 Common Stock 18 $0 0 I By Harrison Wirth
Subscription Rights(6) $9.2666 05/08/2008 X 18 03/31/2008 04/28/2008 Common Stock 18 $0 0 I By Sabrina Wirth
Explanation of Responses:
1. Includes 79.87 shares acquired on October 26, 2007, 192 shares acquired on January 25, 2008 and 249.80 shares acquired on April 29, 2008 under the Kohlberg Capital Corporation dividend reinvestment plan.
2. Shares acquired pursuant to the over-subscription privilege offered in connection with Kohlberg Capital Corporation's rights offering that expired on April 28, 2008. Shares acquired in the offering were received by the Reporting Person on May 8, 2008.
3. Shares owned by Linda Wirth, Mr. Wirth's wife. Mr. Wirth disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that Mr. Wirth is the beneficial owner of these shares for purposes of Section 16 or for any other purposes. Includes 16.62 shares acquired on October 26, 2007, 20 shares acquired on January 25, 2008 and 25.42 shares acquired on April 29, 2008 under the Kohlberg Capital Corporation dividend reinvestment plan. Also includes 74 shares acquired pursuant to the over-subscription privilege offered in connection with Kohlberg Capital Corporation's rights offering that expired on April 28, 2008. Shares acquired in the offering were received by the Linda Wirth on May 8, 2008.
4. Shares owned by Harrison Wirth, Mr. Wirth's son. Mr. Wirth disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that Mr. Wirth is the beneficial owner of these shares for purposes of Section 16 or for any other purposes. Includes 2.87 shares acquired on October 26, 2007, 3.25 shares acquired on January 25, 2008 and 4.58 shares acquired on April 29, 2008 under the Kohlberg Capital Corporation dividend reinvestment plan. Also includes 9 shares acquired pursuant to the over-subscription privilege offered in connection with Kohlberg Capital Corporation's rights offering that expired on April 28, 2008. Shares acquired in the offering were received by Harrison Wirth on May 8, 2008.
5. Shares owned by Sabrina Wirth, Mr. Wirth's daughter. Mr. Wirth disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that Mr. Wirth is the beneficial owner of these shares for purposes of Section 16 or for any other purposes. Includes 2.87 shares acquired on October 26, 2007, 3.25 shares acquired on January 25, 2008 and 4.58 shares acquired on April 29, 2008 under the Kohlberg Capital Corporation dividend reinvestment plan. Also includes 9 shares acquired pursuant to the over-subscription privilege offered in connection with Kohlberg Capital Corporation's rights offering that expired on April 28, 2008. Shares acquired in the offering were received by Sabrina Wirth on May 8, 2008.
6. Rights received as part of a pro-rata distribution to stockholders.
/s/ Michael I. Wirth 05/12/2008
** 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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