SEC Form 4 · accession 0001144204-15-018140
Horizon Technology Finance Corp · HRZN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Anholt Investments Ltd.
10% Owner
Navco Management, Ltd.
10% Owner
Path Spirit LTD
10% Owner
Compass Horizon Partners, LP
10% Owner
Period of report
Mar 24, 2015
Accepted (ET)
Mar 24, 2015 · 5:19 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001487428
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001 per shareF1,F2 | Mar 24, 2015 | S | 380,000 | $13.95 | D | 891,414 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1380,000 shares of the Issuer's common stock were sold by Compass Horizon Partners, L.P. pursuant to an underwritten public offering on March 19, 2015. The shares of the Issuer's common stock reported on this Form 4 are owned directly by Compass Horizon Partners, L.P., which is owned by Concorde Horizon Holdings LP and Navco Management, Ltd. Concorde Horizon Holdings LP is owned by Anholt Investments Ltd. (formerly known as Compass Group Investments, Ltd.) and Navco Management, Ltd. Each of Anholt Investments Ltd. and Navco Management, Ltd. is wholly owned by Kattegat Limited, a Bermudian exempt company with its principal offices at Belvedere Building, 69 Pitts Bay Road, Pembroke HM 08, Bermuda. Kattegat Limited was formed for the purpose of holding and managing the endowed assets of The Kattegat Trust and is wholly owned by The Kattegat Trust.
- F2The Kattegat Trust is a Bermudian charitable trust, engaged in the principal business of distributing income for charitable purposes, with its principal offices at 2 Reid Street, Hamilton HM 11, Bermuda. The trustee of The Kattegat Trust is Kattegat Private Trustees (Bermuda) Limited (the "Trustee"), a Bermudian trust company with its principal offices at 2 Reid Street, Hamilton HM 11, Bermuda. Path Spirit Limited is the trust protector for The Kattegat Trust. The Trustee is wholly owned by The Lund Purpose Trust, a Bermudian purpose trust with its principal offices at Thistle House, 4 Burnaby Street, Hamilton HM 11, Bermuda, formed for the sole purpose of holding the shares of the Trustee. Each of Anholt Investments Ltd., Navco Management, Ltd., Path Spirit Limited and Concorde Horizon Holdings LP disclaims beneficial ownership of the shares of the Issuer's common stock directly held by Compass Horizon Partners, L.P. except to the extent of its respective pecuniary interest therein.