PNC ABSOLUTE RETURN FUND LLC 4
4 · PNC ABSOLUTE RETURN FUND LLC · Filed Jan 5, 2012
Insider Transaction Report
Form 4
PNC INVESTMENT CORP
10% Owner
Transactions
- Other
Limited Liability Company Interest
2011-12-27$386314.79/sh−386,314.79$149,239,116,973→ 0 total - Other
Limited Liability Company Interest
2011-12-30$19659777.66/sh−19,659,777.66$386,506,857,640,635→ 0 total
Footnotes (5)
- [F1]The transactions reported on this Form 4 were completed in connection with the liquidation of the issuer, which was effective as of the close of business on December 30, 2011.
- [F2]The issuer was liquidated effective as of the close of business on December 30, 2011. In accordance with the Plan of Liquidation for the issuer, limited liability company interests ("Interests") of the reporting person were distributed in cash to the reporting person. In addition, redemptions in-kind of investment funds interests, receiveables, other assets and liabilities of the issuer were transferred to a liquidating trust, of which the reporting person is the beneficiary.
- [F3]In accordance with the Plan of Liquidation for the issuer, the reporting person's cash was transferred from the issuer in an amount of $386,314.79 based on the net asset value of the reporting person's Interests calculated as of November 30, 2011.
- [F4]In accordance with the Plan of Liquidation for the issuer, redemptions in-kind of investment funds interests, receiveables, other assets and liabilities with a net asset value of $19,659,777.66 were transferred from the issuer to a liquidating trust, of which the reporting person is the beneficiary.
- [F5]The issuer was liquidated effective as of the close of business on December 30, 2011. As a result, the reporting person no longer owns interests of the issuer.