SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
RECP IV Cite CMBS Equity, L.P.

(Last) (First) (Middle)
C/O DLJ REAL ESTATE CAPITAL PARTNERS INC
ELEVEN MADISON AVENUE

(Street)
NEW YORK NY 10010

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ANTHRACITE CAPITAL INC [ AHR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/24/2008
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.001 06/24/2008 C(2) 3,119,661 A $7.4928 6,613,682 D(1)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
12% Series E-3 Cumulative Convertible Redeemable Pref. Stock $7.4928 06/24/2008 C(2) 23,375 04/04/2008 (3) Common Stock 3,119,661.67(2) $0 0 D(1)
1. Name and Address of Reporting Person*
RECP IV Cite CMBS Equity, L.P.

(Last) (First) (Middle)
C/O DLJ REAL ESTATE CAPITAL PARTNERS INC
ELEVEN MADISON AVENUE

(Street)
NEW YORK NY 10010

(City) (State) (Zip)
1. Name and Address of Reporting Person*
DLJ REAL ESTATE CAPITAL PARTNERS IV LP

(Last) (First) (Middle)
11 MADISON AVENUE
16TH FLOOR

(Street)
NEW YORK NY 10010

(City) (State) (Zip)
1. Name and Address of Reporting Person*
DLJ Real Estate Capital IV, L.P.

(Last) (First) (Middle)
C/O DLJ REAL ESTATE CAPITAL PARTNERS INC
ELEVEN MADISON AVENUE

(Street)
NEW YORK NY 10010

(City) (State) (Zip)
1. Name and Address of Reporting Person*
DLJ Real Estate Capital IV, Inc.

(Last) (First) (Middle)
C/O DLJ REAL ESTATE CAPITAL PARTNERS INC
ELEVEN MADISON AVENUE

(Street)
NEW YORK NY 10010

(City) (State) (Zip)
1. Name and Address of Reporting Person*
CREDIT SUISSE/

(Last) (First) (Middle)
11 MADISON AVENUE

(Street)
NEW YORK NY 10010

(City) (State) (Zip)
Explanation of Responses:
1. See Exhibit 99.1
2. The reporting persons converted 23,375 Shares of 12% Series E-3 Cumulative Convertible Redeemable Preferred Stock on June 24, 2008, at a conversion price of $7.4928 per share, resulting in their acquisition of 3,119,661 shares of common stock and $5.4216 in cash in lieu of fractional shares.
3. N/A
RECP IV Cite CMBS Equity, L.P. - By: RECP IV Cite CMBS Investors, L.L.C. - /s/ James D. Allen (Vice President) 06/30/2008
DLJ REAL ESTATE CAPITAL PARTNERS IV, L.P. - By: DLJ Real Estate Capital IV, L.P.,(its general partner), By: DLJ Real Estate Capital IV, Inc.,(its general partner) - /s/ James D. Allen (Vice President) 06/30/2008
DLJ REAL ESTATE CAPITAL IV, L.P. - By: DLJ Real Estate Capital IV, Inc.,(its general partner) - /s/ James D. Allen (Vice President) 06/30/2008
DLJ REAL ESTATE CAPITAL IV, INC - /s/ James D. Allen (Vice President) 06/30/2008
CREDIT SUISSE - /s/ Ivy Dodes (Managing Director) 06/30/2008
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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