Key facts
- This page summarizes Joseph A. Jolson's Form 4 filing for Harvest Capital Credit Corp.
- 3 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 09 Jun 2021, 17:03.
Joseph A. Jolson - 09 Jun 2021 Form 4 Insider Report for Harvest Capital Credit Corp
- Reporting relationship
- Chief Executive Officer, Director, 10%+ Owner
- Issuer ticker
- N/A
- Reported as of
- 09 Jun 2021
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 09 Jun 2021, 17:03:42 UTC
- Next SEC filing
- 17 Nov 2021
- Source filing
- View source filing
- Reporting owner signature
- /s/ WILLIAM E ALVAREZ, JR., ON BEHALF OF JOSEPH A. JOLSON
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Joseph A. Jolson filed Form 4 for Harvest Capital Credit Corp on 09 Jun 2021.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
HCAP
transaction
Common Stock
Disposed to Issuer
- Transaction value
- Shares
- -864,273
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 09 Jun 2021
- Ownership
- By Jolson 1991 Trust
- Footnotes
- F1, F2, F3
HCAP
transaction
Common Stock
Disposed to Issuer
- Transaction value
- Shares
- -30,000
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 09 Jun 2021
- Ownership
- Direct
- Footnotes
- F1, F2
HCAP
transaction
Common Stock
Disposed to Issuer
- Transaction value
- Shares
- -35,768
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 09 Jun 2021
- Ownership
- By Foundation
- Footnotes
- F1, F2, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Joseph A. Jolson is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 4 footnotes
Footnote F1
On June 9, 2021, pursuant to an Agreement and Plan of Merger dated as of December 23, 2020 (the "Merger Agreement"), Harvest Capital Credit Corporation ("HCAP") and Portman Ridge Finance Corporation ("PTMN") effected a merger pursuant to which PTMN acquired all of the outstanding shares of HCAP's common stock in a multi-step stock and cash transaction (the "Merger"). Pursuant to the Merger Agreement, upon completion of the Merger, each issued and outstanding share of HCAP common stock was converted into the right to receive a pro rata portion, subject to HCAP stockholder elections and the adjustment mechanisms set forth in the Merger Agreement with respect to the PTMN Consideration (as defined below), of (1) approximately $18.5 million in cash payable by PTMN, (2) 15,252,453 validly issued, fully paid and non-assessable shares of PTMN's common stock, par value $0.01 per share (the "PTMN Stock Consideration" and,
Footnote F2
continued from footnote 1: together with the PTMN Cash Consideration, the "PTMN Consideration") and (3) $2.15 million in cash payable by Sierra Crest Investment Management LLC.
Footnote F3
Reflects shares of common stock held by the Joseph A. Jolson 1991 Trust, of which Mr. Jolson is the trustee.
Footnote F4
Reflects shares of common stock held by The Jolson Family Foundation, of which Mr. Jolson is President and Treasurer. Mr. Jolson disclaims beneficial ownership of the shares.