Bernard D. Berman - Apr 28, 2022 Form 4 Insider Report for AFC BDC Inc. (NONE)

Role
President and Chairman, Director
Signature
/s/ Gabriel A. Katz, attorney-in-fact for Bernard D. Berman
Stock symbol
NONE
Transactions as of
Apr 28, 2022
Transactions value $
$500,000
Form type
4
Date filed
5/2/2022, 09:51 PM
Previous filing
Apr 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NONE Common Stock Other $500K +25K $20.00* 25K Apr 28, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares of Common Stock were acquired pursuant to an Agreement and Plan of Merger, by and among the AFC BDC Warehouse LLC and AFC BDC Inc., under which each share of AFC BDC Warehouse LLC converted automatically into a pro rata share (based on each member's percentage interest in AFC BDC Warehouse LLC, adjusted downward for fractional shares) of AFC BDC Inc., effective as of 12:01 p.m. on April 28, 2022.

Remarks:

Gabriel A. Katz is signing on behalf of Mr. Berman pursuant to the power of attorney dated April 4, 2022, which was previously filed with the Securities and Exchange Commission as an exhibit to the Form 3 Mr. Berman filed on April 6, 2022.