4//SEC Filing
BROWNE BROOKS H 4
Accession 0001252853-10-000023
CIK 0000003906other
Filed
Apr 4, 8:00 PM ET
Accepted
Apr 5, 5:16 PM ET
Size
11.1 KB
Accession
0001252853-10-000023
Insider Transaction Report
Form 4
BROWNE BROOKS H
Director
Transactions
- Disposition to Issuer
Common Stock
2010-04-01−49,956→ 0 total - Disposition to Issuer
Common Stock
2010-04-01−12,280→ 0 total(indirect: By IRA) - Disposition to Issuer
Common Stock
2010-04-01−2,000→ 0 total(indirect: By Spouse) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2010-04-01−5,000→ 0 totalExercise: $2.63Exp: 2016-05-13→ Common Stock (5,000 underlying)
Footnotes (2)
- [F1]On April 1, 2010, ARCC Odyssey Corp., a wholly owned subsidiary of Ares Capital Corporation ("Ares Capital"), was mergerd with and into Allied Capital Corporation (the "Company") pursuant to an Agreement and Plan of Merger, dated as of October 26, 2009, among the Company, Ares Capital and ARCC Odyssey Corp. (the "Merger Agreement"). Immediately thereafter, Allied Capital merged with and into Ares Capital. Pursuant to the Merger Agreement, each Company stockholder received 0.325 shares of Ares Capital common stock for each share of Company common stock owned (the "Exchange Ratio").
- [F2]This option, which vested on May 13, 2009, was cancelled in connection with the merger in exchange for 726 ARCC shares of Ares Capital common stock. Pursuant to the Merger Agreement, the shares of Ares Capital comon stock were equal to (1) the product of (a) the total number of shares of Company common stock subject to the option multiplied by (b) the excess of the option closing amount (calculated as the difference between the ecercise price of the option and the five-day average closing price of Ares Capital multiplied by 0.325, the Exchange Rate, or $4.758 per share) over the exercise price per share for such option, divided by (2) the five-day average closing price of Ares Capital common stock.
Documents
Issuer
ALLIED CAPITAL CORP
CIK 0000003906
Entity typeother
Related Parties
1- filerCIK 0001205635
Filing Metadata
- Form type
- 4
- Filed
- Apr 4, 8:00 PM ET
- Accepted
- Apr 5, 5:16 PM ET
- Size
- 11.1 KB