0000935836-23-000378.txt : 20230502
0000935836-23-000378.hdr.sgml : 20230502
20230502184639
ACCESSION NUMBER: 0000935836-23-000378
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20221130
FILED AS OF DATE: 20230502
DATE AS OF CHANGE: 20230502
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Repertoire Master Fund LP
CENTRAL INDEX KEY: 0001878549
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 814-00735
FILM NUMBER: 23881033
BUSINESS ADDRESS:
STREET 1: 345 CALIFORNIA STREET, SUITE 600
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94104
BUSINESS PHONE: 415-677-7050
MAIL ADDRESS:
STREET 1: 345 CALIFORNIA STREET, SUITE 600
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94104
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Portman Ridge Finance Corp
CENTRAL INDEX KEY: 0001372807
IRS NUMBER: 205951150
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 650 MADISON AVNUE
STREET 2: 23RD FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
BUSINESS PHONE: 212.891.2880
MAIL ADDRESS:
STREET 1: 650 MADISON AVNUE
STREET 2: 23RD FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
FORMER COMPANY:
FORMER CONFORMED NAME: KCAP Financial, Inc.
DATE OF NAME CHANGE: 20120710
FORMER COMPANY:
FORMER CONFORMED NAME: Kohlberg Capital CORP
DATE OF NAME CHANGE: 20061211
FORMER COMPANY:
FORMER CONFORMED NAME: Kohlberg Capital, LLC
DATE OF NAME CHANGE: 20060815
4
1
ownership.xml
X0407
4
2022-11-30
0
0001372807
Portman Ridge Finance Corp
PTMN
0001878549
Repertoire Master Fund LP
345 CALIFORNIA STREET, SUITE 600
SAN FRANCISCO
CA
94104
0
0
1
0
0
Common Stock
2022-11-30
4
P
0
1009
22.3428
A
1103911
D
Common Stock
2022-11-30
4
P
0
6814
22.3428
A
1110725
D
Common Stock
2022-11-30
4
P
0
1917
22.3428
A
1112642
D
Common Stock
2022-11-30
4
P
0
1554
22.0832
A
1114196
D
Common Stock
2022-11-30
4
P
0
10494
22.0832
A
1124690
D
Common Stock
2022-11-30
4
P
0
2952
22.0832
A
1127642
D
Common Stock
2022-12-01
4
S
0
149
22.4
D
1127493
D
Common Stock
2022-12-01
4
S
0
980
22.4
D
1126513
D
Common Stock
2022-12-01
4
S
0
284
22.4
D
1126229
D
Common Stock
2022-12-05
4
S
0
1248
22.1255
D
1124981
D
Common Stock
2022-12-06
4
S
0
4468
22.1138
D
1120513
D
Common Stock
2022-12-07
4
S
0
9798
22.2508
D
1110715
D
Common Stock
2022-12-08
4
P
0
2220
21.8514
A
1112935
D
Common Stock
2022-12-09
4
P
0
4200
21.8911
A
1117135
D
Common Stock
2022-12-09
4
P
0
69
21.9197
A
1117204
D
Common Stock
2022-12-09
4
P
0
455
21.9197
A
1117659
D
Common Stock
2022-12-09
4
P
0
134
21.9197
A
1117793
D
Common Stock
2022-12-09
4
S
0
300
22.05
D
1117493
D
Common Stock
2022-12-12
4
S
0
186
22.44
D
1117307
D
Common Stock
2022-12-12
4
S
0
2220
22.1417
D
1115087
D
Common Stock
2022-12-13
4
S
0
419
22.345
D
1114668
D
Common Stock
2022-12-14
4
S
0
2602
22.2672
D
1112066
D
Common Stock
2022-12-16
4
S
0
200
22.1
D
1111866
D
Common Stock
2022-12-19
4
P
0
1281
21.75
A
1113147
D
Common Stock
2022-12-20
4
P
0
100
21.75
A
1113247
D
Common Stock
2022-12-21
4
P
0
15309
21.8654
A
1128556
D
Common Stock
2022-12-22
4
P
0
10000
21.9846
A
1138556
D
Common Stock
2022-12-23
4
P
0
174
21.9712
A
1138730
D
Common Stock
2022-12-23
4
P
0
1145
21.9712
A
1139875
D
Common Stock
2022-12-23
4
P
0
381
21.9712
A
1140256
D
Equity Swap (Obligation to Buy)
22.49
2022-11-30
4
J
1
1
A
Common Stock
106
1
D
The reporting person entered into an equity swap agreement with a counterparty under which, upon expiration of the 3-year term of the agreement, (1) the reporting person will be obligated to pay to the counterparty the price per share set forth in Column 2 for the notional number of shares of PTMN common stock set forth in Column 7, and (2) the counterparty will be obligated to pay to the reporting person the market value of the notional number of shares of PTMN common stock set forth in Column 7 as of the end of that period. The reporting person will pay to the counterparty monthly interest on the purchase price of the notional shares, at a rate tied to a market index, and the counterparty will pay to the reporting person all dividends and similar distributions paid on an equivalent number of shares of PTMN common stock during the term.
The transactions in the Issuer's common stock reported herein and in additional Form 4's being filed by the reporting person on this date were matchable under Section 16(b) of the Securities Exchange Act of 1934. Repertoire Master Fund LP has agreed to pay to the Issuer the aggregate profit in the amount of $302,114.78 realized in connection with these transactions.
/s/ Deepak Sarpangal, Managing Member of the General Partner of Repertoire Master Fund LP
2023-05-02