UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

 

Washington, D. C. 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

 

(Amendment No. 2)*

 

SOLAR SENIOR CAPITAL LTD.

 

(Name of Issuer)

 

Common Stock, par value $0.01 per share

 

(Title of Class of Securities)

 

83416M105

 

(CUSIP Number)

 

November 2, 2015

 

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

¨Rule 13d-1(b)
xRule 13d-1(c)
¨Rule 13d-1(d)

 

* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

 

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act.

  

 

CUSIP No. 83416M105

 

 

1

NAME OF REPORTING PERSON

JACK SILVER

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

 

(a) x
(b) ¨
3

SEC USE ONLY

 

 

4

CITIZENSHIP OR PLACE OF ORGANIZATION

UNITED STATES

 


NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

5

SOLE VOTING POWER

1,043,307

6

SHARED VOTING POWER

3,000

7

SOLE DISPOSITIVE POWER

1,043,307

 

8

SHARED DISPOSITIVE POWER

3,000

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

1,046,307

 

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 

¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

9.1%

 

12

TYPE OF REPORTING PERSON

IN

 

           

 

 

CUSIP No. 83416M105

 

 

1

NAME OF REPORTING PERSON

sherleigh associates inc. profit sharing plan

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

 

(a) x
(b) ¨
3

SEC USE ONLY

 

 

4

CITIZENSHIP OR PLACE OF ORGANIZATION

UNITED STATES

 


NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

5

SOLE VOTING POWER

43,000

6

SHARED VOTING POWER

0

7

SOLE DISPOSITIVE POWER

43,000

 

8

SHARED DISPOSITIVE POWER

0

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

43,000

 

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 

¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

0.4%

 

12

TYPE OF REPORTING PERSON

EP

 

           

 

 

CUSIP No. 83416M105

 

 

1

NAME OF REPORTING PERSON

sherleigh associates inc. defined benefit pension plan

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

 

(a) x
(b) ¨
3

SEC USE ONLY

 

 

4

CITIZENSHIP OR PLACE OF ORGANIZATION

UNITED STATES

 


NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

5

SOLE VOTING POWER

0

6

SHARED VOTING POWER

3,000

7

SOLE DISPOSITIVE POWER

0

 

8

SHARED DISPOSITIVE POWER

3,000

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

3,000

 

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 

¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

0.0%

 

12

TYPE OF REPORTING PERSON

EP

 

           
 

CUSIP No. 83416M105

 

 

1

NAME OF REPORTING PERSON

SILVER INVESTMENT PARTNERS LP

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

 

(a) x
(b) ¨
3

SEC USE ONLY

 

 

4

CITIZENSHIP OR PLACE OF ORGANIZATION

DELAWARE

 


NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

5

SOLE VOTING POWER

139,925

6

SHARED VOTING POWER

0

7

SOLE DISPOSITIVE POWER

139,925

 

8

SHARED DISPOSITIVE POWER

0

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

139,925

 

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 

¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

1.2%

 

12

TYPE OF REPORTING PERSON

PN

 

           

 

 

CUSIP No. 83416M105

 

 

1

NAME OF REPORTING PERSON

hilltop holding company, l.p.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

 

(a) x
(b) ¨
3

SEC USE ONLY

 

 

4

CITIZENSHIP OR PLACE OF ORGANIZATION

DELAWARE

 


NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

5

SOLE VOTING POWER

28,500

6

SHARED VOTING POWER

0

7

SOLE DISPOSITIVE POWER

28,500

 

8

SHARED DISPOSITIVE POWER

0

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

28,500

 

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 

¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

0.3%

 

12

TYPE OF REPORTING PERSON

PN

 

           
 

CUSIP No. 83416M105

 

 

1

NAME OF REPORTING PERSON

LEIGH SILVER ROTH LLC

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

 

(a) x
(b) ¨
3

SEC USE ONLY

 

 

4

CITIZENSHIP OR PLACE OF ORGANIZATION

NEW YORK

 


NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

5

SOLE VOTING POWER

56,276

6

SHARED VOTING POWER

0

7

SOLE DISPOSITIVE POWER

56,276

 

8

SHARED DISPOSITIVE POWER

0

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

56,276

 

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 

¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

0.5%

 

12

TYPE OF REPORTING PERSON

PN

 

           
 

CUSIP No. 83416M105

 

 

1

NAME OF REPORTING PERSON

ROMY SILVER ROTH LLC

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

 

(a) x
(b) ¨
3

SEC USE ONLY

 

 

4

CITIZENSHIP OR PLACE OF ORGANIZATION

NEW YORK

 


NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

5

SOLE VOTING POWER

51,277

6

SHARED VOTING POWER

0

7

SOLE DISPOSITIVE POWER

51,277

 

8

SHARED DISPOSITIVE POWER

0

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

51,277

 

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 

¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

0.4%

 

12

TYPE OF REPORTING PERSON

PN

 

           

 

 

CUSIP No. 83416M105

 

 

1

NAME OF REPORTING PERSON

ROMleigh LLC

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

 

(a) x
(b) ¨
3

SEC USE ONLY

 

 

4

CITIZENSHIP OR PLACE OF ORGANIZATION

NEW YORK

 


NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

5

SOLE VOTING POWER

600,604

6

SHARED VOTING POWER

0

7

SOLE DISPOSITIVE POWER

600,604

 

8

SHARED DISPOSITIVE POWER

0

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

600,604

 

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 

¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

5.2%

 

12

TYPE OF REPORTING PERSON

PN

 

           

 

 

CUSIP No. 83416M105

 

 

1

NAME OF REPORTING PERSON

silver family 2007 limited partnership LLC

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

 

(a) x
(b) ¨
3

SEC USE ONLY

 

 

4

CITIZENSHIP OR PLACE OF ORGANIZATION

DELAWARE

 


NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

5

SOLE VOTING POWER

28,374

6

SHARED VOTING POWER

0

7

SOLE DISPOSITIVE POWER

28,374

 

8

SHARED DISPOSITIVE POWER

0

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

28,374

 

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 

¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

0.3%

 

12

TYPE OF REPORTING PERSON

PN

 

           

 

 

CUSIP No. 83416M105

 

 

1

NAME OF REPORTING PERSON

rs properties i LLC

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

 

(a) x
(b) ¨
3

SEC USE ONLY

 

 

4

CITIZENSHIP OR PLACE OF ORGANIZATION

DELAWARE

 


NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

5

SOLE VOTING POWER

111,848

6

SHARED VOTING POWER

0

7

SOLE DISPOSITIVE POWER

111,848

 

8

SHARED DISPOSITIVE POWER

0

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

111,848

 

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 

¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

1.0%

 

12

TYPE OF REPORTING PERSON

PN

 

           
 

CUSIP No. 83416M105

 

 

Item 1.

 

(a)Name of Issuer:

 

Solar Senior Capital Ltd.

 

(b)Address of Issuer’s Principal Executive Offices:

 

500 Park Avenue

New York, NY 10022

 

Item 2.

 

(a)Name of Person Filing:

 

Jack Silver

Sherleigh Associates Inc. Profit Sharing Plan

Sherleigh Assoicates Inc. Defined Benefit Pension Plan

Silver Investment Partners LP

Hilltop Holding Company, L.P.

Leigh Silver Roth LLC

Romy Silver Roth LLC

Romleigh LLC

Silver Family 2007 Limited Partnership

RS Properties I LLC

 

(b)Address of Principal Business Office or, if none, Residence:

 

80 Columbus Circle PH76A

New York, NY 10023

 

(c)Citizenship:

 

United States

 

(d)Title of Class of Securities:

 

Common Stock, par value $0.01 per share

 

(e)CUSIP Number:

 

83416M105

 

 

CUSIP No. 83416M105

 

 

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:

 

(a)¨ Broker or Dealer registered under Section 15 of the Act
  
(b)¨ Bank as defined in section 3(a)(6) of the Act
  
(c)¨ Insurance Company as defined in section 3(a)(19) of the Act
  
(d)¨ Investment Company registered under section 8 of the Investment Company Act of 1940
  
(e)¨ Investment Adviser in accordance with Rule 13d-1(b)(1)(ii)(E)
  
(f) ¨ Employee Benefit Plan or Endowment Fund in accordance with Rule 13d-1(b)(1)(ii)(F)
  
(g)¨ Parent Holding Company or Control Person, in accordance with Rule 13d-1(b)(1)(ii)(G)
  
(h)¨ A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act
  
(i)¨ A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940
  
(j)¨ A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J)
  
(k)¨ Group, in accordance with Rule 13d-1(b)(1)(ii)(K)

 

Item 4. Ownership.

 

(a) – (c)

 

As of November 2, 2015, the reporting persons beneficially owned, in the aggregate, 1,158,155 shares of common stock of Solar Senior Capital Ltd (the “Common Stock”) representing 10.0% of the outstanding common stock, based on 11,533,315 shares of Common Stock outstanding as reported in the issuer’s quarterly report on Form 10-Q for the quarter ended September 30, 2015. Such shares of Common Stock include (a) 95,351 shares held by Jack Silver, (b) 43,000 shares held by Sherleigh Associates Inc. Profit Sharing Plan, a trust of which Mr. Silver is the trustee, (c) 3,000 shares held by Sherleigh Associates Inc. Defined Benefit Pension Plan, (d) 139,925 shares held by Silver Investment Partners LP, a limited partnership of which Mr. Silver is a general partner, (e) 28,500 shares held by Hilltop Holding Company, L.P., a limited partnership of which Mr. Silver is a general partner, (f) 56,276 shares held by Leigh Silver Roth LLC, a limited liability company of which Mr. Silver is a manager, (g) 51,277 shares held by Romy Silver Roth LLC, a limited liability company of which Mr. Silver is a manager, (h) 600,604 shares held by Romleigh LLC, a limited liability company of which Mr. Silver is a manager, (i) 28,374 shares held by Silver Family 2007 Limited Partnership, a limited partnership of which Mr. Silver is a general partner, and (j) 111,848 shares held by RS Properties I LLC.

 

Mr. Silver has the sole voting and dispositive power with respect to 1,046,307 shares of Common Stock held by Mr. Silver, Sherleigh Associates Inc. Profit Sharing Plan, Silver Investment Partners LP, Hilltop Holding Company, L.P., Leigh Silver Roth LLC, Romy Silver Roth LLC, Romleigh LLC and Silver Family 2007 Limited Partnership, and shares voting and dispositive power with Daniel Liss, the trustee of Sherleigh Associates Inc. Defined Benefit Pension Plan, with respect to 3,000 shares of Common Stock held by Sherleigh Associates Inc. Defined Benefit Pension Plan.

 

 

CUSIP No. 83416M105

 

 

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 ¨.

 

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.

 

A “group,” within the meaning of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or Rule 13d-5(b)(1) thereunder, may have been formed that includes, Jack Silver and RS Properties I LLC.

 

Item 9. Notice of Dissolution of Group.

 

Not applicable.

 

Item 10. Certification.

 

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 such purposes or effect, other than activities solely in connection with a nomination under Rule 14a-11.

 

 

CUSIP No. 83416M105

 

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

  November 11, 2015  
  Date    
       
  /s/ Jack Silver  
Signature  
       
  Jack Silver  
  Name/Title  
       
  Sherleigh Associates Inc. Profit Sharing Plan  
       
  By: /s/ Jack Silver  
  Name: Jack Silver  
  Title: Trustee  
       
  Sherleigh Associates Inc. Defined Benefit Pension Plan  
       
  By: /s/ Daniel Liss  
  Name: Daniel Liss  
  Title: Trustee  
       
  Silver Investment Partners LP  
       
  By: /s/ Jack Silver  
  Name: Jack Silver  
  Title: General Partner  
       
  Hilltop Holding Company, L.P.  
       
  By: /s/ Jack Silver  
  Name: Jack Silver  
  Title: General Partner  
       
  Leigh Silver Roth LLC  
       
  By: /s/ Jack Silver  
  Name: Jack Silver  
  Title: Manager  

 

 

CUSIP No. 83416M105

 

  

       
  Romy Silver Roth LLC  
       
  By: /s/ Jack Silver  
  Name: Jack Silver  
  Title: Manager  
       
  Romleigh LLC  
       
  By: /s/ Jack Silver  
  Name: Jack Silver  
  Title: Manager  
       
  Silver Family 2007 Limited Partnership  
       
  By: /s/ Jack Silver  
  Name: Jack Silver  
  Title: General Partner  
       
  RS Properties I LLC  
       
  By: /s/ Jesse Kohn  
  Name: Jesse Kohn  
  Title: Manager