4//SEC Filing
KNAPP ROBERT C 4
Accession 0001140361-20-029458
CIK 0001099941other
Filed
Dec 22, 7:00 PM ET
Accepted
Dec 23, 4:56 PM ET
Size
6.1 KB
Accession
0001140361-20-029458
Insider Transaction Report
Form 4
KNAPP ROBERT C
Director
Transactions
- Disposition to Issuer
Common Stock, $0.01 par value
2020-12-23−368,746.37→ 0 total(indirect: See footnote)
Footnotes (3)
- [F1]MVC Capital, Inc. ("MVC"), Barings BDC, Inc., a Maryland corporation ("Barings BDC"), Mustang Acquisition Sub, Inc., a Delaware corporation and wholly-owned subsidiary of Barings BDC, ("Merger Sub") and Barings LLC, a Delaware limited liability company and investment adviser to Barings BDC ("Barings") entered into the Agreement and Plan of Merger, dated as of August 10, 2020 (the "Merger Agreement"), pursuant to which the acquisition of MVC by Barings BDC was completed in two steps: (i) the first step being a merger of Merger Sub with and into MVC (the "First Step") with MVC surviving as a wholly owned subsidiary of Barings BDC ("First Step Surviving Company"), and (ii) the second step being a merger of the First Step Surviving Company with and into Barings BDC with Barings BDC as the surviving company (the "Second Step", and together with the First Step, the "Merger").
- [F2]At the effective time of the Merger, each share of issued and outstanding MVC common stock was canceled and exchanged for the right to receive (i) $0.39492 per share in cash, without interest, from Barings and (ii) 0.9790836 of a validly issued, fully paid and non-assessable share of Barings BDC common stock.
- [F3]By RCK Holdings II LLC, of which Reporting Person is trustee and the beneficiaries are the Reporting Person's children.
Documents
Issuer
MVC CAPITAL, INC.
CIK 0001099941
Entity typeother
Related Parties
1- filerCIK 0001223003
Filing Metadata
- Form type
- 4
- Filed
- Dec 22, 7:00 PM ET
- Accepted
- Dec 23, 4:56 PM ET
- Size
- 6.1 KB