4//SEC Filing
Buckanavage Richard Paul 4
Accession 0001559909-21-000021
CIK 0001559909other
Filed
Jun 8, 8:00 PM ET
Accepted
Jun 9, 5:05 PM ET
Size
5.7 KB
Accession
0001559909-21-000021
Insider Transaction Report
Form 4
Buckanavage Richard Paul
DirectorPresident and CEO
Transactions
- Disposition to Issuer
Common Stock
2021-06-09−47,566→ 0 total
Footnotes (2)
- [F1]On June 9, 2021, pursuant to an Agreement and Plan of Merger dated as of December 23, 2020 (the "Merger Agreement"), Harvest Capital Credit Corporation ("HCAP") and Portman Ridge Finance Corporation ("PTMN") effected a merger pursuant to which PTMN acquired all of the outstanding shares of HCAP's common stock in a multi-step stock and cash transaction (the "Merger"). Pursuant to the Merger Agreement, upon completion of the Merger, each issued and outstanding share of HCAP common stock was converted into the right to receive a pro rata portion, subject to HCAP stockholder elections and the adjustment mechanisms set forth in the Merger Agreement with respect to the PTMN Consideration (as defined below), of (1) approximately $18.5 million in cash payable by PTMN, (2) 15,252,453 validly issued, fully paid and non-assessable shares of PTMN's common stock, par value $0.01 per share (the "PTMN Stock Consideration" and,
- [F2]continued from footnote 1: together with the PTMN Cash Consideration, the "PTMN Consideration") and (3) $2.15 million in cash payable by Sierra Crest Investment Management LLC.
Documents
Issuer
Harvest Capital Credit Corp
CIK 0001559909
Entity typeother
Related Parties
1- filerCIK 0001334128
Filing Metadata
- Form type
- 4
- Filed
- Jun 8, 8:00 PM ET
- Accepted
- Jun 9, 5:05 PM ET
- Size
- 5.7 KB