John F. Barry - 26 Jul 2024 Form 4 Insider Report for Prospect Floating Rate & Alternative Income Fund, Inc. (NONE)

Role
10%+ Owner
Signature
/s/ John F. Barry III
Issuer symbol
NONE
Transactions as of
26 Jul 2024
Transactions value $
$10,000,000
Form type
4
Filing time
29 Jul 2024, 16:40:59 UTC
Previous filing
15 May 2024
Next filing
04 Sep 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NONE COMMON STOCK Purchase $10M +2.1M $4.77* 2.1M 26 Jul 2024 See Footnote F1, F2
transaction NONE COMMON STOCK Gift $0 -2.1M -100% $0.00* 0 26 Jul 2024 See Footnote F2, F3
transaction NONE COMMON STOCK Gift $0 +2.1M +48.92% $0.00 6.38M 26 Jul 2024 See Footnote F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.
F2 Reflects securities held directly by PCM.
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.
F4 Includes shares acquired pursuant to the Issuer's dividend reinvestment plan.
F5 Reflects securities held directly by the Foundation.