Filing Details

Accession Number:
0001181431-11-053910
Form Type:
4/A
Zero Holdings:
No
Publication Time:
2011-10-31 13:42:28
Reporting Period:
2011-08-09
Filing Date:
2011-10-31
Accepted Time:
2011-10-31 13:42:28
Original Submission Date:
2011-08-11
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1198144 Pnc Alternative Strategies Fund Llc NONE () 470892581
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
905582 Pnc Investment Co Llc 300 Delaware Avenue, Suite 304
Wilmington DE 19801
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Limited Liability Company Interest Disposition 2011-08-09 787,500 $787,500.00 9,255,602 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Footnotes
  1. 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 August 9,2011 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 September 30, 2011.
  2. 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 interests purchased in the offer), calculated as of September 30, 2011. On October 28, 2011, the reporting person received a communication from the issuer indicating that the net asset value at September 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 $787,500.
  3. The amount reported as beneficially owned following the transaction is equal to the reporting person's capital account balance in the issuer, calculated as of September 30, 2011. The issuer provided information as to this amount in the October 28, 2011 communication to the reporting person.