TANNURA FRANK V 4
4 · OHA Investment Corp · Filed Dec 20, 2019
Insider Transaction Report
Form 4
TANNURA FRANK V
Director
Transactions
- Disposition to Issuer
Common Stock
2019-12-18−25,588→ 0 total
Footnotes (1)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated as of July 31, 2019 (as amended, the "Merger Agreement"), by and among OHA Investment Corporation (the "Company"), Portman Ridge Finance Corporation ("PTMN"), Storm Acquisition Sub Inc. ("Acquisition Sub") and Sierra Crest Investment Management LLC ("Sierra Crest"). Pursuant to the Merger Agreement, in exchange for each share of Company common stock, the reporting person received (i) 0.3688 of a share of PTMN common stock, par value $0.01 per share, (ii) approximately $0.42 in cash, without interest, from PTMN, and (iii) approximately $0.15 in cash, from Sierra Crest. The disposition reported in this Form 4 is an exempt transaction.