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4//SEC Filing

Tansey Joseph Bertrand 4

Accession 0000899243-20-029623

CIK 0001509892other

Filed

Oct 28, 8:00 PM ET

Accepted

Oct 29, 6:14 AM ET

Size

7.6 KB

Accession

0000899243-20-029623

Insider Transaction Report

Form 4
Period: 2020-10-28
Tansey Joseph Bertrand
DirectorChief Executive Officer
Transactions
  • Disposition to Issuer

    Common Stock, par value $0.001 per share

    2020-10-28159,7120 total
  • Disposition to Issuer

    Common Stock, par value $0.001 per share

    2020-10-2867,2020 total(indirect: See Footnote)
Footnotes (2)
  • [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated as of June 24, 2020 (the "Merger Agreement"), by and among the Issuer, Portman Ridge Finance Corporation ("PTMN"), Citadel Acquisition Sub, Inc. and Sierra Crest Investment Management LLC ("Sierra Crest"). Pursuant to the Merger Agreement, in exchange for each share of common stock, par value $0.001 per share, of the Issuer, the reporting person received (i) 1.91693999 shares of PTMN common stock, par value $0.01 per share, having a market value of $1.30 per share on the close of trading on October 27, 2020, (ii) $1.1900792 in cash, without interest, from PTMN, and (iii) $0.31153906 in cash, without interest, from Sierra Crest. The disposition reported in this Form 4 is an exempt transaction.
  • [F2]Due to his control and ownership interest in Garrison Capital Advisers Holdings MM LLC, Mr. Tansey may be viewed as having investment power over all of the shares owned by such entity. Mr. Tansey disclaims beneficial ownership of such shares of Common Stock held by Garrison Capital Advisers Holdings MM LLC, except to the extent of his pecuniary interest therein.

Issuer

Garrison Capital Inc.

CIK 0001509892

Entity typeother

Related Parties

1
  • filerCIK 0001523389

Filing Metadata

Form type
4
Filed
Oct 28, 8:00 PM ET
Accepted
Oct 29, 6:14 AM ET
Size
7.6 KB