0001181431-11-044298.txt : 20110808 0001181431-11-044298.hdr.sgml : 20110808 20110808102138 ACCESSION NUMBER: 0001181431-11-044298 CONFORMED SUBMISSION TYPE: 4/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110418 FILED AS OF DATE: 20110808 DATE AS OF CHANGE: 20110808 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PNC LONG-SHORT FUND LLC CENTRAL INDEX KEY: 0001198145 IRS NUMBER: 470892578 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 BUSINESS ADDRESS: STREET 1: TWO HOPKINS PLAZA CITY: BALTIMORE STATE: MD ZIP: 21201 BUSINESS PHONE: 800-239-0418 MAIL ADDRESS: STREET 1: TWO HOPKINS PLAZA CITY: BALTIMORE STATE: MD ZIP: 21201 FORMER COMPANY: FORMER CONFORMED NAME: MERCANTILE LONG SHORT MANAGER FUND LLC DATE OF NAME CHANGE: 20021015 FORMER COMPANY: FORMER CONFORMED NAME: MERCANTILE LONG SHORT MANAGER FUND INC DATE OF NAME CHANGE: 20021011 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: PNC INVESTMENT Co LLC CENTRAL INDEX KEY: 0000905582 FILING VALUES: FORM TYPE: 4/A SEC ACT: 1934 Act SEC FILE NUMBER: 811-21258 FILM NUMBER: 111015945 BUSINESS ADDRESS: STREET 1: 249 FIFTH AVE. STREET 2: ONE PLAZA, 21ST FLOOR CITY: PITTSBURGH STATE: PA ZIP: 15222 BUSINESS PHONE: 2155855350 MAIL ADDRESS: STREET 1: 222 DELAWARE AVNUE CITY: WILMINGTON STATE: DE ZIP: 19899 FORMER NAME: FORMER CONFORMED NAME: PNC INVESTMENT CORP DATE OF NAME CHANGE: 19980107 4/A 1 rrd319329.xml PLSF 4/A 63011 X0304 4/A 2011-04-18 2011-04-18 0 0001198145 PNC LONG-SHORT FUND LLC NONE 0000905582 PNC INVESTMENT Co LLC 300 DELAWARE AVENUE, SUITE 304 WILMINGTON DE 19801 0 0 1 0 Limited Liability Company Interest 2011-04-18 4 S 0 900000 900000 D 11519106.27 D The transaction reported on this amendment to Form 4 is the sale by the reporting person of a portion of its limited liability company interests (the "interests") to the issuer pursuant to an issuer tender offer. Under the terms of the offer, the issuer accepted interests that were tendered by the reporting person when the issuer gave written notice on April 18, 2011 to the reporting person of the issuer's election to purchase the interests. The transaction date listed is the date the reporting person received the written notice. However, as noted below, the amount to be paid by the issuer is based on the net asset value of the purchased interests on June 30, 2011. Under the terms of the offer, the reporting person's interests are being purchased by the issuer based on the net asset value of the reporting person's interest (the value of the issuer's assets minus its liabilities, multiplied by the proportionate interest in the issuer of the reporting person's interest purchased in the offer), calculated as of June 30, 2011. On July 29, 2011 the reporting person received a communication from the issuer indicating that the net asset value at June 30, 2011 of the reporting person's interests sold in the tender offer (and, therefore, the price the issuer is paying for the interests) is $900,000. The amount reported as beneficially owned following the transaction is equal to the reporting person's capital account balance in the issuer, as of June 30, 2011. The issuer provided information as to this amount in July 29, 2011 communication to the reporting person. /s/Peter M. Chiste, Vice President 2011-08-05