FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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
                      

1. Name and Address of Reporting Person *

STUART JOHN EDWARD

2. Date of Event Requiring Statement (MM/DD/YYYY)
8/31/2010 

3. Issuer Name and Ticker or Trading Symbol

Full Circle Capital Corp [FULL]

(Last)        (First)        (Middle)

800 WESTCHESTER AVE., SUITE S-620

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                            _____ 10% Owner
___ X ___ Officer (give title below)          _____ Other (specify below)
PRESIDENT AND CEO /

(Street)

RYE BROOK, NY 10573       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

8/31/2010 

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 Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock   11854   (1) D    
Common Stock   8446   (2) I   By John E. Stuart GST Trust  
Common Stock   6047   (3) I   By Mary E. Stuart 2001 Grantor Trust  
Common Stock   197   (4) I   By Full Cricle Investments, LLC   (5)
Common Stock   100   (6) I   By Full Cricle Advisors, LLC   (7)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares

Explanation of Responses:
( 1)  Amount represents the removal of 14,690 indirectly owned shares, which were inadvertently designated as directly owned shares in Mr. Stuart's initial Form 3 filed on August 31, 2010
( 2)  These shares were inadvertently designated as directly owned shares in Mr. Stuart's initial Form 3 filed on August 31, 2010.
( 3)  These shares were inadvertently designated as directly owned shares in Mr. Stuart's initial Form 3 filed on August 31, 2010.
( 4)  These shares were inadvertently designated as directly owned shares in Mr. Stuart's initial Form 3 filed on August 31, 2010.
( 5)  Amount represents 197 shares owned by Full Circle Investments, LLC, of which Mr. Stuart is a managing member thereof.
( 6)  These shares were inadvertently omitted from Mr. Stuart's initial Form filed on August 31, 2010.
( 7)  Amount represents 100 shares owned by Full Circle Advisors, LLC, of which Mr. Stuart is the managing member thereof

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
STUART JOHN EDWARD
800 WESTCHESTER AVE., SUITE S-620
RYE BROOK, NY 10573
X
PRESIDENT AND CEO

Signatures
/s/ John E. Stuart 9/2/2010
** 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 5(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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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