X0303 4 2009-12-02 1 0001321560 Patriot Capital Funding, Inc. PCAP 0001333707 Alvarez William Edwin Jr 274 RIVERSIDE AVENUE WESTPORT CT 06880 0 1 0 0 EVP, Chief Financial Officer Common Stock 2009-12-02 4 D 0 16780 D 0 D Common Stock 2009-12-02 4 D 0 42500 D 0 D Employee Stock Option (right to buy) 10.91 2009-12-02 4 D 0 75000 D 2018-02-27 Common Stock 75000 0 D Employee Stock Option (right to buy) 14.38 2009-12-02 4 D 0 27300 D 2017-02-23 Common Stock 27300 0 D Employee Stock Option (right to buy) 10.97 2009-12-02 4 D 0 32500 D 2016-06-26 Common Stock 32500 0 D Employee Stock Option (right to buy) 14.00 2009-12-02 4 D 0 46961 D 2015-07-27 Common Stock 46961 0 D Includes an aggregate of 4,678 shares of common stock acquired through a stock dividend paid by Patriot Capital Funding, Inc. Disposed of pursuant to the merger agreement between Patriot Capital Funding, Inc. and Prospect Capital Corporation in exchange for 6,107 shares of Prospect Capital Corporation common stock having a market value of $10.99 per share on the effective date of the merger and cash in lieu of fractional shares. Represents restricted shares of common stock issued pursuant to the Patriot Capital Funding, Inc. Employee Restricted Stock Plan. Pursuant to the merger agreement between Patriot Capital Funding, Inc. and Prospect Capital Corporation, the shares of restricted stock (i) became fully vested and all restrictions with respect to the shares lapsed immediately prior to the effective date of the merger and (ii) 18,153 shares of such common stock were cancelled in exchange for a cash payment of $70,799.78 and the remaining such shares of common stock were disposed of in exchange for 8,862 shares of Prospect Capital Corporation common stock having a market value of $10.99 per share on the effective date of the merger. Pursuant to the merger agreement between Patriot Capital Funding, Inc. and Prospect Capital Corporation, all of the options to purchase shares of Patriot Capital Funding, Inc. common stock granted pursuant to the Patriot Capital Funding, Inc. Amended Stock Option Plan were cancelled in exchange for the payment in cash of $0.01 per share of common stock for which each option is exercisable for an aggregate cash payment of $1,817.61. /s/ William E. Alvarez, Jr. 2009-12-04