Jeffrey Flug - Feb 16, 2023 Form 4 Insider Report for PENNANTPARK INVESTMENT CORP (PNNT)

Role: Director
Signature: /s/ Jeffrey Flug
Stock symbol: PNNT
Transactions as of: Feb 16, 2023
Transactions value $: $0
Form type: 4
Date filed: 2/21/2023, 03:10 PM
Previous filing: Feb 6, 2023
Next filing: Jun 29, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PNNT	Common Stock	Other	-$786K	-138K	-93.31%	$5.70	9.89K	Feb 16, 2023	Direct	F1
transaction	PNNT	Common Stock	Other	$786K	+138K	+90.85%	$5.70	290K	Feb 16, 2023	Held by various related trusts and an LLC	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects transfer of shares for estate planning purposes to a family trust for cash and cash equivalents pursuant to a substitution of assets, using the average high/low trading price on the transfer date of $5.70. The reporting person disclaims beneficial ownership of the securities held by the trust and by a LLC named Gulf Five LLC except in each case to the extent of his respective pecuniary interest therein and this report shall not be deemed an admission that he is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.

Content

Reflects transfer of shares for estate planning purposes to a family trust for cash and cash equivalents pursuant to a substitution of assets, using the average high/low trading price on the transfer date of $5.70. The reporting person disclaims beneficial ownership of the securities held by the trust and by a LLC named Gulf Five LLC except in each case to the extent of his respective pecuniary interest therein and this report shall not be deemed an admission that he is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.