AMERICAN CAPITAL, LTD 4

Accession 0000899243-17-000351

CIK 0000817473operating

View on SEC.gov Company Profile

Filed

Jan 3, 7:00 PM ET

Accepted

Jan 4, 8:08 PM ET

Size

52.0 KB

Accession

0000899243-17-000351

Insider Transaction Report

Form 4

Period: 2017-01-03

AMERICAN CAPITAL, LTDACAS

WILKUS MALON

DirectorChairman and CEO

Transactions

Disposition to Issuer
Common Stock
2017-01-03−2,777,109→ 0 total
Disposition to Issuer
Options
2017-01-03−176,732→ 0 total
Exercise: $6.51From: 2011-10-21Exp: 2020-10-21→ Common Stock (176,732 underlying)
Disposition to Issuer
Options
2017-01-03−189,210→ 0 total
Exercise: $3.48From: 2011-02-11Exp: 2020-02-10→ Common Stock (189,210 underlying)
Disposition to Issuer
Options
2017-01-03−188,092→ 0 total
Exercise: $6.45From: 2011-04-29Exp: 2020-04-29→ Common Stock (188,092 underlying)
Disposition to Issuer
Common Stock
2017-01-03−1,306→ 0 total(indirect: By IRA)
Disposition to Issuer
Options
2017-01-03−482,020→ 0 total
Exercise: $16.71From: 2009-07-24Exp: 2018-07-24→ Common Stock (482,020 underlying)
Disposition to Issuer
Options
2017-01-03−108,135→ 0 total
Exercise: $5.19From: 2011-07-22Exp: 2020-07-22→ Common Stock (108,135 underlying)
Disposition to Issuer
Options
2017-01-03−23,732→ 0 total
Exercise: $8.47From: 2012-02-01Exp: 2021-02-01→ Common Stock (23,732 underlying)
Disposition to Issuer
Options
2017-01-03−609,524→ 0 total
Exercise: $10.19From: 2012-04-27Exp: 2021-04-28→ Common Stock (609,524 underlying)
Disposition to Issuer
Common Stock
2017-01-03−80,934→ 0 total(indirect: By 401(k))
Disposition to Issuer
Options
2017-01-03−70,353→ 0 total
Exercise: $2.96From: 2010-08-12Exp: 2019-08-12→ Common Stock (70,353 underlying)
Disposition to Issuer
Options
2017-01-03−548,222→ 0 total
Exercise: $5.19From: 2011-07-22Exp: 2020-07-22→ Common Stock (548,222 underlying)
Disposition to Issuer
Common Stock
2017-01-03−91,963→ 0 total(indirect: By Spouse)
Disposition to Issuer
Options
2017-01-03−177,592→ 0 total
Exercise: $2.77From: 2010-11-12Exp: 2019-11-11→ Common Stock (177,592 underlying)
Disposition to Issuer
Options
2017-01-03−136,816→ 0 total
Exercise: $6.51From: 2011-10-21Exp: 2020-10-21→ Common Stock (136,816 underlying)
Disposition to Issuer
Options
2017-01-03−147,600→ 0 total
Exercise: $5.19From: 2011-07-22Exp: 2020-07-22→ Common Stock (147,600 underlying)
Disposition to Issuer
Options
2017-01-03−502,273→ 0 total
Exercise: $6.51From: 2011-10-21Exp: 2020-10-21→ Common Stock (502,273 underlying)
Disposition to Issuer
Options
2017-01-03−120,506→ 0 total
Exercise: $16.71From: 2009-07-24Exp: 2018-07-24→ Common Stock (120,506 underlying)
Disposition to Issuer
Options
2017-01-03−746,982→ 0 total
Exercise: $4.81From: 2010-01-07Exp: 2019-01-07→ Common Stock (746,982 underlying)
Disposition to Issuer
Options
2017-01-03−116,456→ 0 total
Exercise: $3.10From: 2010-07-23Exp: 2019-07-22→ Common Stock (116,456 underlying)
Disposition to Issuer
Options
2017-01-03−11,864→ 0 total
Exercise: $5.19From: 2011-07-22Exp: 2020-07-22→ Common Stock (11,864 underlying)
Disposition to Issuer
Options
2017-01-03−186,254→ 0 total
Exercise: $8.47From: 2012-02-01Exp: 2021-02-01→ Common Stock (186,254 underlying)
Disposition to Issuer
Options
2017-01-03−605,835→ 0 total
Exercise: $8.47From: 2012-02-01Exp: 2021-02-01→ Common Stock (605,835 underlying)

Footnotes (3)

[F1]Pursuant to the Agreement and Plan of Merger, dated as of May 23, 2016 (the "Merger Agreement), by and among American Capital, Ltd. (the "Company"), Ares Capital Corporation ("Parent"), Orion Acqusition Sub, Inc., a direct wholly owned subsidiary of Parent ("Acquisition Sub"), and the other parties thereto, upon the effective time of the merger of Acquisition Sub with and into the Company (the "Company Merger"), each issued and outstanding share of the Company's common stock automatically converted into a right to receive $10.13 in cash and 0.483 of a share of Parent common stock (the "Merger Consideration").
[F2]Under terms of SEC order authorizing these options, one-third of these options vested on 10/08/2010, one-third vested on 06/11/2011 and one-third vested on 06/11/2012.
[F3]Pursuant to the Merger Agreement, upon the effective time of the Company Merger, each outstanding option was cancelled and automatically converted into the right to receive the Merger Consideration, less the exercise price and any required withholdings applicable to such stock option (which exercise price and withholdings were first deducted from the cash portion of the Merger Consideration to reduce the cash delivered to the Reporting Person, and thereafter reduced the number of shares of Parent's common stock delivered to the Reporting Person).

Documents

1 file

4
doc4.xmlPrimary
FORM 4 SUBMISSION

Issuer

AMERICAN CAPITAL, LTD

CIK 0000817473

→

Entity typeoperating

Related Parties

filerCIK 0000817473

Filing Metadata

Form type: 4
Filed: Jan 3, 7:00 PM ET
Accepted: Jan 4, 8:08 PM ET
Size: 52.0 KB

View on SEC.gov