Sec Form 13G Filing - SIC Advisors LLC filing for Sierra Income CorpSierra Income Corp - 2013-02-19

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No.:     )*

 

 

Sierra Income Corporation

(Name of Issuer)

Common Stock

(Title of Class of Securities)

82632T 100

(CUSIP Number)

December 31, 2012

(Date of Event Which Requires Filing of this Statement)

 

 

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

x Rule 13d-1(b)

¨ Rule 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 (however, see the Notes).

(Continued on the following page(s))

 

 

 

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CUSIP No. 82632T 100		13G

 

1.		NAMES OF REPORTING PERSONS   SIC Advisors LLC
2.		CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)  ¨        (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   1,108,144.044
				6.		SHARED VOTING POWER   0
				7.		SOLE DISPOSITIVE POWER   1,108,144.044
				8.		SHARED DISPOSITIVE POWER   0
9.		AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON   1,108,144.044
10.		CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES*    ¨
11.		PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9   48.2%
12.		TYPE OF REPORTING PERSON*   IA

 

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CUSIP No. 82632T 100

 

Item 1(a).

Name of Issuer:

 

Sierra Income Corporation

 

Item 1(b).

Address of Issuer’s Principal Executive Offices:

 

375 Park Ave.

33rd Floor

New York, NY 10152

 

Item 2(b).

Name of Person Filing:

 

SIC Advisors LLC

 

Item 2(b).

Address of Principal Business Office:

 

375 Park Ave.

33rd Floor

New York, NY 10152

 

Item 2(c).

Citizenship:

 

Sierra Income Corporation - Maryland

SIC Advisors LLC - Delaware

 

Item 2(d).

Title of Class of Securities

 

Common Stock, par value $0.001 per share

 

Item 2(e).

CUSIP Number:

 

82632T 100

 

Item 3.

If this statement is filed pursuant to rule 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.

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< td valign="top" align="center">  ¨

(e)		x		An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E).
(f)		¨		An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F).
(g)		¨		A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G).
(h)		¨		A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813).
(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)			Group, in accordance with Section 240.13d-1(b)(1)(ii)(J).

 

Item 4.

Ownership

 

(a)

Amount beneficially owned: 1,108,144.044 shares of Common Stock

 

(b)

Percentage of Class: 48.2%

 

(c)

Number of Shares as to which the person has:

 

(i)

Sole power to vote or direct the vote: 1,108,144.044

 

(ii)

Shared power to vote or direct the vote: 0

 

(iii)

Sole power to dispose or to direct the disposition: 1,108,144.044

 

(iv)

Shared power to dispose or to direct the disposition: 0

 

Item 5.

Ownership of Five Percent or Less of 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 5 percent of the class of securities, check the following [    ].

 

Item 6.

Ownership of More Than 5 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

 

Not applicable

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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 acquired and are held in the ordinary course of business and 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 that purpose or effect.

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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.

DATED: February 19, 2013