SEC Form 4 · accession 0001181077-15-000011
AMERICAN CAPITAL, LTD · ACAS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John R Erickson
Officer — CFO and Pres., Structured Fin.
Period of report
Jan 16, 2015
Accepted (ET)
Jan 21, 2015 · 5:31 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000817473
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 16, 2015 | M | 39,195 | $2.15 | A | 462,048 | D | |
| Common Stock | Jan 20, 2015 | M | 23,057 | $2.96 | A | 442,451 | D | |
| Common StockF1,F2 | Jan 20, 2015 | S | 42,654 | $14.2541 | D | 442,451 | D | |
| Common Stock | holding | — | — | — | 10,279 | I | ESOP | |
| Common Stock | holding | — | — | — | 242,155 | I | By Family Trust | |
| Common Stock | holding | — | — | — | 97,700 | I | By Family Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionsF3 | $2.15 | Jan 16, 2015 | M | 39,195 | D | Apr 24, 2010 | Apr 24, 2019 | Common Stock | 39,195 | 0 | D |
| Options | $2.96 | Jan 20, 2015 | M | 23,057 | D | Aug 13, 2010 | Aug 13, 2019 | Common Stock | 23,057 | 16,708 | D |
Explanation of responses
- F1Sales made pursuant to a previously established Rule 10b5-1 Plan.
- F2Price reflects weighted average sales price; actual sales prices ranged from $14.18 to $14.37. The reporting person undertakes to provide, upon request by the Commission staff, the issuer or a security holder of the issuer, information regarding the number of shares sold at each separate price.
- F3On June 11, 2009, the company declared a stock dividend payable to all holders of record of common stock on June 22, 2009. Pursuant to the anti-dilution provisions of the Company's stock option plan, an option for 67,126 shares of common stock with an exercise price of $2.79 held by the reporting person on June 22, 2009 became exercisable for 87,203 shares of common stock with an exercise price of $2.15.