SEC Form 4 · accession 0001313337-15-000009
AMERICAN CAPITAL, LTD · ACAS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Samuel Allan Flax
Officer — EVP, GC and Secretary
Period of report
Apr 20, 2015
Accepted (ET)
Apr 22, 2015 · 4:56 pm EDT
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 StockF1 | Apr 20, 2015 | M | 200,000 | $4.81 | A | 366,106 | D | |
| Common StockF2,F3 | Apr 20, 2015 | S | 200,000 | $15.251 | D | 366,106 | D | |
| Common Stock | holding | — | — | — | 4,766 | I | ESOP/401(k) Plan | |
| Common Stock | holding | — | — | — | 4,461 | I | IRA |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options | $4.81 | Apr 20, 2015 | M | 200,000 | D | Jan 7, 2010 | Jan 7, 2019 | Common Stock | 200,000 | 157,252 | D |
Explanation of responses
- F1On 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 275,000 shares of common stock with an exercise price of $6.24 held by the reporting person on June 22, 2009 became exercisable for 357,242 shares of common stock with an exercise price of $4.81.
- F2Sales made pursuant to a previously established Rule 10b5-1 Plan.
- F3Price reflects weighted average sales price; actual sales prices ranged from $15.250 to $15.275. 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.