Home/Filings/4/0001209191-09-055645
4//SEC Filing

Hassler Timothy Wayne 4

Accession 0001209191-09-055645

CIK 0001321560other

Filed

Dec 6, 7:00 PM ET

Accepted

Dec 7, 11:02 AM ET

Size

16.9 KB

Accession

0001209191-09-055645

Insider Transaction Report

Form 4
Period: 2009-12-02
Hassler Timothy Wayne
DirectorChief Investment Officer
Transactions
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2009-12-02275,0000 total
    Exercise: $10.97Exp: 2016-06-26Common Stock (275,000 underlying)
  • Disposition to Issuer

    Common Stock

    2009-12-0281,6880 total
  • Disposition to Issuer

    Common Stock

    2009-12-02163,5000 total
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2009-12-02160,0000 total
    Exercise: $10.91Exp: 2018-02-27Common Stock (160,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2009-12-0245,1000 total
    Exercise: $14.38Exp: 2017-02-23Common Stock (45,100 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2009-12-02503,1560 total
    Exercise: $14.00Exp: 2015-07-27Common Stock (503,156 underlying)
Footnotes (4)
  • [F1]Includes an aggregate of 18,945 shares of common stock acquired through a stock dividend paid by Patriot Capital Funding, Inc.
  • [F2]Disposed of pursuant to the merger agreement between Patriot Capital Funding, Inc. and Prospect Capital Corporation in exchange for 29,733 shares of Prospect Capital Corporation common stock having a market value of $10.99 per share on the effective date of the merger and cash in lieu of fractional shares.
  • [F3]Represents restricted shares of common stock issued pursuant to the Patriot Capital Funding, Inc. Employee Restricted Stock Plan. Pursuant to the merger agreement between Patriot Capital Funding, Inc. and Prospect Capital Corporation, the shares of restricted stock (i) became fully vested and all restrictions with respect to the shares lapsed immediately prior to the effective date of the merger and (ii) 69,838 shares of such common stock were cancelled in exchange for a cash payment of $272,368.20 and the remaining such shares of common stock were disposed of in exchange for 34,092 shares of Prospect Capital Corporation common stock having a market value of $10.99 per share on the effective date of the merger.
  • [F4]Pursuant to the merger agreement between Patriot Capital Funding, Inc. and Prospect Capital Corporation, all of the options to purchase shares of Patriot Capital Funding, Inc. common stock granted pursuant to the Patriot Capital Funding, Inc. Amended Stock Option Plan were cancelled in exchange for the payment in cash of $0.01 per share of common stock for which each option is exercisable for an aggregate cash payment of $9,832.56.

Issuer

Patriot Capital Funding, Inc.

CIK 0001321560

Entity typeother

Related Parties

1
  • filerCIK 0001334323

Filing Metadata

Form type
4
Filed
Dec 6, 7:00 PM ET
Accepted
Dec 7, 11:02 AM ET
Size
16.9 KB