Statement of Changes in Beneficial Ownership (4)

FORM 4 [ X ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person * STUART JOHN EDWARD	2. Issuer Name and Ticker or Trading Symbol Full Circle Capital Corp [ FULL ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __ X __ Director                      _____ 10% Owner __ X __ Officer (give title below)      _____ Other (specify below) Chairman
(Last)          (First)          (Middle) 102 GREENWICH AVENUE, 2ND FLOOR	3. Date of Earliest Transaction (MM/DD/YYYY) 11/3/2016
(Street) GREENWICH, CT 06830 (City)        (State)        (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	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. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. 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	11/2/2016		J (1)		1453692	D	$2.69	0	I	By Full Circle Advisors, LLC   (1)
Common Stock	11/3/2016		D		41830	D	(2)	0	D
Common Stock	11/3/2016		D		4000	D	(2)	0	I	By Michele G. Stuart
Common Stock	11/3/2016		D		19351	D	(2)	0	I	By John E. Stuart GST Trust
Common Stock	11/3/2016		D		9258	D	(2)	0	I	By Mary E. Stuart 2001 Grantor Trust
Common Stock	11/3/2016		D		237	D	(2)	0	I	By Full Circle Investments, LLC   (3)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. 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		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 of Derivative Security: 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

Explanation of Responses:
( 1)	These shares, which were owned by Full Circle Advisors, LLC and may have been deemed to be beneficially owned by the reporting person by virtue of his position as managing member thereof, were transferred by Full Circle Advisors, LLC in partial repayment of a loan obligation of Full Circle Advisors, LLC.
( 2)	Pursuant to the terms of an Agreement and Plan of Merger (the "Merger Agreement") by and among the issuer and Great Elm Capital Corp. ("GECC"), on June 23, 2016, each share of the issuer's common stock, issued and outstanding immediately prior to the Effective Time (as defined in the Merger Agreement) and not otherwise excluded pursuant to the terms of the Merger Agreement, was converted into the right to receive 0.2219 shares of GECC common stock.
( 3)	Amount represents 237 shares owned by Full Circle Investments LLC, of which Mr. Stuart is a managing member thereof.

Reporting Owners
Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
STUART JOHN EDWARD 102 GREENWICH AVENUE, 2ND FLOOR GREENWICH, CT 06830	X		Chairman

Signatures
/s/ John E. Stuart		11/3/2016
** 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).
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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