0000899243-17-000376.txt : 20170104 0000899243-17-000376.hdr.sgml : 20170104 20170104202421 ACCESSION NUMBER: 0000899243-17-000376 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170103 FILED AS OF DATE: 20170104 DATE AS OF CHANGE: 20170104 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN CAPITAL, LTD CENTRAL INDEX KEY: 0000817473 IRS NUMBER: 521451377 BUSINESS ADDRESS: STREET 1: 2 BETHESDA METRO CENTER STREET 2: 14TH FL CITY: BETHESDA STATE: MD ZIP: 20814 BUSINESS PHONE: 301-951-6122 MAIL ADDRESS: STREET 1: 2 BETHESDA METRO CENTER STREET 2: 14TH FL CITY: BETHESDA STATE: MD ZIP: 20814 FORMER COMPANY: FORMER CONFORMED NAME: AMERICAN CAPITAL STRATEGIES LTD DATE OF NAME CHANGE: 19970623 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Flax Samuel Allan CENTRAL INDEX KEY: 0001313337 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-29418 FILM NUMBER: 17508337 MAIL ADDRESS: STREET 1: 2 BETHESDA METRO CENTER STREET 2: 14TH FLOOR CITY: BETHESDA STATE: MD ZIP: 20814 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2017-01-03 1 0000817473 AMERICAN CAPITAL, LTD ACAS 0001313337 Flax Samuel Allan C/O AMERICAN CAPITAL, LTD. 2 BETHESDA METRO CENTER, 14TH FLOOR BETHESDA MD 20814 0 1 0 0 EVP, GC and Secretary Common Stock 2017-01-03 4 D 0 353807 D 0 D Common Stock 2017-01-03 4 D 0 4766 D 0 I ESOP/401(k) Plan Common Stock 2017-01-03 4 D 0 4461 D 0 I IRA Options 16.71 2017-01-03 4 D 0 51132 D 2009-07-24 2018-07-24 Common Stock 51132 0 D Options 16.71 2017-01-03 4 D 0 204519 D 2009-07-24 2018-07-24 Common Stock 204519 0 D Options 4.81 2017-01-03 4 D 0 157252 D 2010-01-07 2019-01-07 Common Stock 157252 0 D Options 6.45 2017-01-03 4 D 0 89957 D 2011-04-29 2020-04-29 Common Stock 89957 0 D Options 5.19 2017-01-03 4 D 0 390173 D 2011-07-22 2020-07-22 Common Stock 390173 0 D Options 6.51 2017-01-03 4 D 0 390173 D 2011-10-21 2020-10-21 Common Stock 390173 0 D Options 8.47 2017-01-03 4 D 0 390173 D 2012-02-01 2021-02-01 Common Stock 390173 0 D Options 10.19 2017-01-03 4 D 0 390173 D 2012-04-27 2021-04-28 Common Stock 390173 0 D Options 10.08 2017-01-03 4 D 0 220349 D 2012-07-20 2021-07-21 Common Stock 220349 0 D Options 6.77 2017-01-03 4 D 0 220349 D 2012-10-19 2021-10-20 Common Stock 220349 0 D Options 8.22 2017-01-03 4 D 0 220349 D 2013-01-30 2022-01-31 Common Stock 220349 0 D Options 9.64 2017-01-03 4 D 0 194722 D 2013-04-27 2022-04-28 Common Stock 194722 0 D Options 14.47 2017-01-03 4 D 0 167391 D 2014-04-25 2023-04-25 Common Stock 167391 0 D Pursuant to the Agreement and Plan of Merger, dated as of May 23, 2016 (the "Merger Agreement), by and among American Capital, Ltd. (the "Company"), Ares Capital Corporation ("Parent"), Orion Acqusition Sub, Inc., a direct wholly owned subsidiary of Parent ("Acquisition Sub"), and the other parties thereto, upon the effective time of the merger of Acquisition Sub with and into the Company (the "Company Merger"), each issued and outstanding share of the Company's common stock automatically converted into a right to receive $10.13 in cash and 0.483 of a share of Parent common stock (the "Merger Consideration"). Under terms of SEC order authorizing these options, one-third of these options vested on 10/08/2010, one-third vested on 06/11/2011 and one-third vested on 06/11/2012. Pursuant to the Merger Agreement, upon the effective time of the Company Merger, each outstanding option was cancelled and automatically converted into the right to receive the Merger Consideration, less the exercise price and any required withholdings applicable to such stock option (which exercise price and withholdings were first deducted from the cash portion of the Merger Consideration to reduce the cash delivered to the Reporting Person, and thereafter reduced the number of shares of Parent's common stock delivered to the Reporting Person). Samual Allan Flax 2017-01-04