BOWEN S. DIEHL - 15 Nov 2021 Form 4 Insider Report for CAPITAL SOUTHWEST CORP (CSWC)

Role: President and CEO, Director
Signature: /s/ Bowen S. Diehl
Issuer symbol: CSWC
Transactions as of: 15 Nov 2021
Net transactions value: -$323,988
Form type: 4
Filing time: 17 Nov 2021, 15:13:29 UTC
Previous filing: 10 Jun 2021
Next filing: 10 Jun 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CSWC	Common Stock	Tax liability	$323,988	-11,833	-7.9%	$27.38	137,897	15 Nov 2021	Direct	F1
holding	CSWC	Common Stock						359,981	15 Nov 2021	By PHC Investments, LLC	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares withheld for payment of tax liability upon vesting of restricted shares granted under the Capital Southwest Corporation 2010 Restricted Stock Award Plan. This withholding transaction was approved by the Compensation Committee of Capital Southwest's Board of Directors in accordance with Rule 16b-3(d)(1) of the Securities Exchange Act of 1934 (the "Act"), and as such, the sale is exempt from section 16(b) of the Act pursuant to Rule 16b-3(e) promulgated thereunder.
F2	PHC Investments, LLC is fifty percent owned by the reporting person and fifty percent owned by his spouse.

Content

Shares withheld for payment of tax liability upon vesting of restricted shares granted under the Capital Southwest Corporation 2010 Restricted Stock Award Plan. This withholding transaction was approved by the Compensation Committee of Capital Southwest's Board of Directors in accordance with Rule 16b-3(d)(1) of the Securities Exchange Act of 1934 (the "Act"), and as such, the sale is exempt from section 16(b) of the Act pursuant to Rule 16b-3(e) promulgated thereunder.

PHC Investments, LLC is fifty percent owned by the reporting person and fifty percent owned by his spouse.