Prospect Capital (PSEC) Form 4 PROSPECT CAPITAL / Dask Kristin Lea Van ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Van Dask Kristin Lea

(Last) (First) (Middle)

10 EAST 40TH ST, 42ND FLOOR

(Street)

NEW YORK NY 10016

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PROSPECT CAPITAL CORP [ PSEC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
CFO, TREASURER, SECRETARY, CCO

3. Date of Earliest Transaction (Month/Day/Year)
12/10/2020

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
5.50% Series A1 Preferred Stock	(1)	12/10/2020		P		1,000		(1)	(1)	Common Stock	4,194.322(1)	$25	1,000	D

Explanation of Responses:

1. Prior to the listing of the Issuer's 5.50% Series A1 Convertible Preferred Stock, par value $0.001 per share (the "Series A1 Preferred Shares") on a national securities exchange, each Series A1 Preferred Share is convertible at the election of the holder thereof into a number of shares of the Issuer's Common Stock, par value $0.001 par share (the "Common Stock") (or, at the option of the Issuer, in whole or in part, into the cash value thereof), based on the conversion rate in effect at the time of conversion. Such conversion rate is defined in the Prospectus Supplement dated August 3, 2020 (the "Prospectus Supplement"), but generally means a number of shares of Common Stock equal to the initial stated value of $25.00 per Series A1 Preferred Share plus any accrued but unpaid dividends, divided by the arithmetic average of the daily volume weighted average price of shares of Common Stock over each of the five consecutive trading days ending on the conversion exercise date.

	/s/ Kristin L. Van Dask	12/14/2020
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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