John F. Barry III - 26 Jul 2024 Form 4 Insider Report for Prospect Floating Rate & Alternative Income Fund, Inc.

Reporting relationship: 10%+ Owner
Issuer ticker: N/A
Reported as of: 26 Jul 2024
Net transaction value: +$10,000,000
SEC form: 4
Accepted by SEC: 29 Jul 2024, 16:40:59 UTC
Prior SEC filing: 15 May 2024
Next SEC filing: 04 Sep 2024
Source filing: View source filing
Reporting owner signature: /s/ John F. Barry III

Key filing fact

John F. Barry III filed Form 4 for Prospect Floating Rate & Alternative Income Fund, Inc. on 29 Jul 2024.

Key facts

This page summarizes John F. Barry III's Form 4 filing for Prospect Floating Rate & Alternative Income Fund, Inc..
3 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 29 Jul 2024, 16:40.

Change

Previous filing in this sequence was filed on 15 May 2024.
Current net transaction value: +$10,000,000.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

No ticker transaction

COMMON STOCK

Purchase

Transaction value: $10,000,000
Shares: +2,096,436
Change %
Price: $4.77^*
Shares after: 2,096,436
Date: 26 Jul 2024
Ownership: See Footnote
Footnotes: F1, F2

No ticker transaction

COMMON STOCK

Gift

Transaction value: $0
Shares: -2,096,436
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 26 Jul 2024
Ownership: See Footnote
Footnotes: F2, F3

No ticker transaction

COMMON STOCK

Gift

Transaction value: $0
Shares: +2,096,436
Change %: +49%
Price: $0.000000
Shares after: 6,382,195
Date: 26 Jul 2024
Ownership: See Footnote
Footnotes: F3, F4, F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

On July 26, 2024, the Issuer determined that Prospect Capital Management, L.P. (PCM), an entity controlled by Mr. Barry, purchased 2,096,436.0587 shares of Issuer common stock effective as of July 1, 2024, upon the Issuer determination of its net asset value as of June 30, 2024.

Footnote F2

Reflects securities held directly by PCM.

Footnote F3

This transaction represents a charitable donation to the John and Daria Barry Foundation (the Foundation). Mr. Barry has sole voting and dispositive power over shares held through the Foundation.

Footnote F4

Includes shares acquired pursuant to the Issuer's dividend reinvestment plan.

Footnote F5

Reflects securities held directly by the Foundation.