SAMI MNAYMNEH - 29 May 2024 Form 4 Insider Report for WhiteHorse Finance, Inc. (WHF)

Role
10%+ Owner
Signature
/s/ Marco Collazos, Attorney-in-Fact for Sami Mnaymneh
Issuer symbol
WHF
Transactions as of
29 May 2024
Transactions value $
-$12,150,000
Form type
4
Filing time
30 May 2024, 21:56:25 UTC

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WHF Common Stock, par value $0.001 per share Sale -$12.2M -1M -20.1% $12.15 3.98M 29 May 2024 See Footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Mnaymneh is a control person of H.I.G.-GPII, Inc., which is the manager of the general partner of H.I.G. Bayside Loan Opportunity Fund IV, L.P. (the "Bayside Fund"). Therefore, Mr. Mnaymneh may be viewed as having investment power over all of the shares owned by the Bayside Fund. Mr. Mnaymneh disclaims beneficial ownership of shares of common stock held by the Bayside Fund, except to the extent of his direct pecuniary interest therein.
F2 On May 29, 2024, the Bayside Fund sold to an institutional investor an aggregate of 1,000,000 shares of common stock, $0.001 par value per share, of WhiteHorse Finance, Inc. (the "Common Stock"), at a price of $12.15 per share in a block trade. After the sale, the Bayside Fund holds 3,976,258 shares of Common Stock.