0000899243-17-000378.txt : 20170104
0000899243-17-000378.hdr.sgml : 20170104
20170104202708
ACCESSION NUMBER: 0000899243-17-000378
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: OBRIEN GORDON
CENTRAL INDEX KEY: 0001191981
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-29418
FILM NUMBER: 17508352
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
0001191981
OBRIEN GORDON
C/O AMERICAN CAPITAL, LTD.
2 BETHESDA METRO CENTER, 14TH FLOOR
BETHESDA
MD
20814
0
1
0
0
See Remarks
Common Stock
2017-01-03
4
D
0
193893
D
0
D
Common Stock
2017-01-03
4
D
0
9030
D
0
I
401(k) Plan
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
123528
D
2010-01-07
2019-01-07
Common Stock
123528
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").
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).
President, Specialty Finance & Operations
Gordon O'Brien
2017-01-04