SEC Form 4 · accession 0001140361-15-032577
MCG CAPITAL CORP · MCGC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tod K. Reichert
Officer — EVP, General Counsel & CCO
Period of report
Aug 18, 2015
Accepted (ET)
Aug 18, 2015 · 10:36 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001141299
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 18, 2015 | D | 218,677 | — | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Pursuant to the terms of the Agreement and Plan of Merger (the "Merger Agreement") by and among the issuer and PennantPark Floating Rate Capital Ltd. ("PFLT"), PFLT Panama, LLC, PFLT Funding II, LLC, and solely for certain limited purposes under the Merger Agreement, PennantPark Investment Advisers, LLC, on August 18, 2015, each share of the issuer's common stock, issued and outstanding immediately prior to the Effective Time (as defined in the Merger Agreement) and not otherwise excluded pursuant to the terms of the Merger Agreement, was converted into the right to receive $0.30595 in cash and 0.32044 shares of PFLT common stock.