Sec Form 4 Filing - Fisher James A. @ Business Development Corp of America - 2016-05-09

FORM 4 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 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

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1. Name and Address of Reporting Person Fisher James A. 2. Issuer Name and Ticker or Trading Symbol Business Development Corp of America [ NONE] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) President, COO (Last) (First) (Middle) 405 PARK AVENUE, 14TH FLOOR 3. Date of Earliest Transaction (MM/DD/YY) 05/09/2016 (Street) NEW YORK, NY10022 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction 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, par value $0.001 per share 05/09/2016 F 2,932 D $ 8.86 21,870 ( 1 ) D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction 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 (MM/DD/YY) 7. Title and Amount of Underlying Securities (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

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Fisher James A. 405 PARK AVENUE 14TH FLOOR NEW YORK, NY10022 President, COO Signatures /s/ James A. Fisher 05/26/2016 Signature of Reporting Person Date

Explanation of Responses:

( 1 )As previously reported, unvested awards of shares ("Awards") of the Issuer's common stock held by AR Global Investments, LLC ("AR Global"), which is an affiliate of BDCA Adviser, LLC (the "Adviser"), were granted to Mr. Fisher pursuant to AR Global's Restricted Stock Unit Plan A (the "Plan") in effect as of March 15, 2015. Thirty-four per cent (34.0%) of these shares vested on March 13, 2016, with the remainder of the unvested Awards under the Plan for Mr. Fisher scheduled to vest as follows: 33% on March 13, 2017 and 33% on March 13, 2018. Accordingly, on March 13, 2016, 5,500 shares vested. However, these shares were not issued to Mr. Fisher until May 9, 2016. Of these shares, also on May 9, 2016, 2,932 were used by Mr. Fisher as payment of tax liability on such shares. As of the date of this report, Mr. Fisher holds unvested Awards with respect to 21,870 shares of the Issuer's common stock pursuant to the Plan.

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).

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