AMERICAN CAPITAL, LTD 4

Accession 0000899243-17-000376

CIK 0000817473operating

Filed

Jan 3, 7:00 PM ET

Accepted

Jan 4, 8:24 PM ET

Size

37.5 KB

Accession

0000899243-17-000376

Form 4

Period: 2017-01-03

EVP, GC and Secretary

Transactions

Disposition to Issuer
Options
2017-01-03−390,173→ 0 total
Exercise: $5.19From: 2011-07-22Exp: 2020-07-22→ Common Stock (390,173 underlying)
Disposition to Issuer
Common Stock
2017-01-03−353,807→ 0 total
Disposition to Issuer
Options
2017-01-03−51,132→ 0 total
Exercise: $16.71From: 2009-07-24Exp: 2018-07-24→ Common Stock (51,132 underlying)
Disposition to Issuer
Common Stock
2017-01-03−4,766→ 0 total(indirect: By 401(k))
Disposition to Issuer
Options
2017-01-03−157,252→ 0 total
Exercise: $4.81From: 2010-01-07Exp: 2019-01-07→ Common Stock (157,252 underlying)
Disposition to Issuer
Options
2017-01-03−167,391→ 0 total
Exercise: $14.47From: 2014-04-25Exp: 2023-04-25→ Common Stock (167,391 underlying)
Disposition to Issuer
Common Stock
2017-01-03−4,461→ 0 total(indirect: By IRA)
Disposition to Issuer
Options
2017-01-03−220,349→ 0 total
Exercise: $10.08From: 2012-07-20Exp: 2021-07-21→ Common Stock (220,349 underlying)
Disposition to Issuer
Options
2017-01-03−204,519→ 0 total
Exercise: $16.71From: 2009-07-24Exp: 2018-07-24→ Common Stock (204,519 underlying)
Disposition to Issuer
Options
2017-01-03−89,957→ 0 total
Exercise: $6.45From: 2011-04-29Exp: 2020-04-29→ Common Stock (89,957 underlying)
Disposition to Issuer
Options
2017-01-03−194,722→ 0 total
Exercise: $9.64From: 2013-04-27Exp: 2022-04-28→ Common Stock (194,722 underlying)

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).

Documents

1 file

AMERICAN CAPITAL, LTD

CIK 0000817473

Entity typeoperating