AMERICAN CAPITAL, LTD 4
4 · AMERICAN CAPITAL, LTD · Filed Jan 4, 2017
Insider Transaction Report
Form 4
ERICKSON JOHN R
EVP and CFO
Transactions
- Disposition to Issuer
Options
2017-01-03−64,180→ 0 totalExercise: $16.71From: 2009-07-24Exp: 2018-07-24→ Common Stock (64,180 underlying) - Disposition to Issuer
Options
2017-01-03−256,713→ 0 totalExercise: $16.71From: 2009-07-24Exp: 2018-07-24→ Common Stock (256,713 underlying) - Disposition to Issuer
Options
2017-01-03−422,207→ 0 totalExercise: $4.81From: 2010-01-07Exp: 2019-01-07→ Common Stock (422,207 underlying) - Disposition to Issuer
Options
2017-01-03−290,489→ 0 totalExercise: $8.47From: 2012-02-01Exp: 2021-02-01→ Common Stock (290,489 underlying) - Disposition to Issuer
Options
2017-01-03−197,830→ 0 totalExercise: $14.47From: 2014-04-25Exp: 2023-04-25→ Common Stock (197,830 underlying) - Disposition to Issuer
Common Stock
2017-01-03−242,155→ 0 total(indirect: By Trust) - Disposition to Issuer
Options
2017-01-03−260,418→ 0 totalExercise: $10.08From: 2012-07-20Exp: 2021-07-20→ Common Stock (260,418 underlying) - Disposition to Issuer
Common Stock
2017-01-03−268,181.35→ 0 total - Disposition to Issuer
Options
2017-01-03−106,315→ 0 totalExercise: $6.45From: 2011-04-29Exp: 2020-04-29→ Common Stock (106,315 underlying) - Disposition to Issuer
Options
2017-01-03−461,123→ 0 totalExercise: $5.19From: 2011-07-22Exp: 2020-07-22→ Common Stock (461,123 underlying) - Disposition to Issuer
Options
2017-01-03−170,634→ 0 totalExercise: $8.47From: 2012-02-01Exp: 2021-02-01→ Common Stock (170,634 underlying) - Disposition to Issuer
Options
2017-01-03−230,131→ 0 totalExercise: $9.64From: 2013-04-27Exp: 2022-04-28→ Common Stock (230,131 underlying) - Disposition to Issuer
Common Stock
2017-01-03−197,700→ 0 total(indirect: By Trust) - Disposition to Issuer
Common Stock
2017-01-03−10,279→ 0 total(indirect: ESOP)
Footnotes (3)
- [F1]Pursuant to the Agreement and Plan of Merger, dated as of May 23, 2016 (the "Merger Agreement), by and among American Capital, Ltd. (the "Company"), Ares Capital Corporation ("Parent"), Orion Acqusition Sub, Inc., a direct wholly owned subsidiary of Parent ("Acquisition Sub"), and the other parties thereto, upon the effective time of the merger of Acquisition Sub with and into the Company (the "Company Merger"), each issued and outstanding share of the Company's common stock automatically converted into a right to receive $10.13 in cash and 0.483 of a share of Parent common stock (the "Merger Consideration").
- [F2]Under terms of SEC order authorizing these options, one-third of these options vested on 10/08/2010, one-third vested on 06/11/2011 and one-third vested on 06/11/2012.
- [F3]Pursuant to the Merger Agreement, upon the effective time of the Company Merger, each outstanding option was cancelled and automatically converted into the right to receive the Merger Consideration, less the exercise price and any required withholdings applicable to such stock option (which exercise price and withholdings were first deducted from the cash portion of the Merger Consideration to reduce the cash delivered to the Reporting Person, and thereafter reduced the number of shares of Parent's common stock delivered to the Reporting Person).