0000935836-23-000628.txt : 20230929 0000935836-23-000628.hdr.sgml : 20230929 20230929170614 ACCESSION NUMBER: 0000935836-23-000628 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230601 FILED AS OF DATE: 20230929 DATE AS OF CHANGE: 20230929 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Repertoire Master Fund LP CENTRAL INDEX KEY: 0001878549 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 814-00735 FILM NUMBER: 231296544 BUSINESS ADDRESS: STREET 1: 345 CALIFORNIA STREET, SUITE 600 CITY: SAN FRANCISCO STATE: CA ZIP: 94104 BUSINESS PHONE: 415-677-7050 MAIL ADDRESS: STREET 1: 345 CALIFORNIA STREET, SUITE 600 CITY: SAN FRANCISCO STATE: CA ZIP: 94104 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Portman Ridge Finance Corp CENTRAL INDEX KEY: 0001372807 IRS NUMBER: 205951150 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 650 MADISON AVNUE STREET 2: 23RD FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212.891.2880 MAIL ADDRESS: STREET 1: 650 MADISON AVNUE STREET 2: 23RD FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 FORMER COMPANY: FORMER CONFORMED NAME: KCAP Financial, Inc. DATE OF NAME CHANGE: 20120710 FORMER COMPANY: FORMER CONFORMED NAME: Kohlberg Capital CORP DATE OF NAME CHANGE: 20061211 FORMER COMPANY: FORMER CONFORMED NAME: Kohlberg Capital, LLC DATE OF NAME CHANGE: 20060815 4 1 ownership.xml X0508 4 2023-06-01 0 0001372807 Portman Ridge Finance Corp PTMN 0001878549 Repertoire Master Fund LP 345 CALIFORNIA STREET, SUITE 600 SAN FRANCISCO CA 94104 0 0 1 0 0 Common Stock 2023-06-01 4 X 1 100 22.67 A 1162434 D Common Stock 2023-06-01 4 J 1 100 19.45 D 1162334 D Common Stock 2023-06-01 4 X 1 7218 22.65 A 1169552 D Common Stock 2023-06-01 4 J 1 7218 19.45 D 1162334 D Common Stock 2023-06-01 4 X 1 1233 22.0259 A 1163567 D Common Stock 2023-06-01 4 J 1 1233 19.45 D 1162334 D Common Stock 2023-06-01 4 X 1 6440 21.0692 A 1168774 D Common Stock 2023-06-01 4 J 1 6440 19.45 D 1162334 D Common Stock 2023-06-01 4 P 0 14991 19.45 A 1177325 D Common Stock 2023-09-19 4 S 0 55462 19.4 D 1121863 D Common Stock 2023-09-20 4 S 0 1700 19.5047 D 1120163 D Common Stock 2023-09-21 4 S 0 10446 19.2926 D 1109717 D Common Stock 2023-09-22 4 S 0 3763 19.4369 D 1105954 D Common Stock 2023-09-22 4 S 0 2278 19.2689 D 1103676 D Common Stock 2023-09-27 4 S 0 15051 19.2457 D 1088625 D Common Stock 2023-09-28 4 S 0 4800 19.2046 D 1083825 D Equity Swap (Obligation to Buy) 22.67 2023-06-01 4 X 1 1 D Common Stock 100 0 D Equity Swap (Obligation to Buy) 22.65 2023-06-01 4 X 1 1 D Common Stock 7218 0 D Equity Swap (Obligation to Buy) 22.0259 2023-06-01 4 X 1 1 D Common Stock 1233 0 D Equity Swap (Obligation to Buy) 21.0692 2023-06-01 4 X 1 1 D Common Stock 6440 0 D On 6/1/2023, upon settlement of an equity swap agreement entered into between the reporting person and a securities broker on 2/7/2023, the reporting person paid to the broker $22.67 per share for each of the 100 shares subject to the agreement, offset by $19.45 per share (the market price of the shares on 6/1/2023) owed by the broker to the reporting person for each of the 100 shares subject to the agreement. The termination of the equity swap and the reported purchase of common stock in connection therewith are deemed exempt from section 16(b) of the Securities Exchange Act of 1934 (the "Exchange Act") pursuant to Rule 16b-6(b) thereunder. On 6/1/2023, upon settlement of an equity swap agreement between the reporting person and a securities broker entered into on 2/8/2023, the reporting person paid to the broker $22.65 per share for each of the remaining 7,218 shares subject to the agreement, offset by $19.45 per share (the market price of the shares on 6/1/2023) owed by the broker to the reporting person for each of the remaining 7,218 shares subject to the agreement. The termination of the equity swap and the reported purchase of common stock in connection therewith are deemed exempt from section 16(b) of the Exchange Act pursuant to Rule 16b-6(b) thereunder. On 6/1/2023, upon settlement of an equity swap agreement entered into between the reporting person and a securities broker on 3/10/2023, the reporting person paid to the broker $22.0259 per share for each of the 1,233 shares subject to the agreement, offset by $19.45 per share (the market price of the shares on 6/1/2023) owed by the broker to the reporting person for each of the 1,233 shares subject to the agreement. The termination of the equity swap and the reported purchase of common stock in connection therewith are deemed exempt from section 16(b) of the Exchange Act pursuant to Rule 16b-6(b) thereunder. On 6/1/2023, upon settlement of an equity swap agreement entered into between the reporting person and a securities broker on 3/13/2023, the reporting person paid to the broker $21.0692 per share for each of the 6,440 shares subject to the agreement, offset by $19.45 per share (the market price of the shares on 6/1/2023) owed by the broker to the reporting person for each of the 6,440 shares subject to the agreement. The termination of the equity swap and the reported purchase of common stock in connection therewith are deemed exempt from section 16(b) of the Exchange Act pursuant to Rule 16b-6(b) thereunder. /s/ Deepak Sarpangal, Managing Member of the General Partner of Repertoire Master Fund LP 2023-09-29