Sec Form 4 Filing - Repertoire Partners LP @ Portman Ridge Finance Corp - 2023-10-02

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Repertoire Partners LP
2. Issuer Name and Ticker or Trading Symbol
Portman Ridge Finance Corp [ PTMN]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
31 HUDSON YARDS, 11TH FLOOR SUITE #43
3. Date of Earliest Transaction (MM/DD/YY)
10/02/2023
(Street)
NEW YORK, NY10001
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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
Common Stock 10/02/2023 J( 1 ) 451,411 D $ 0 632,414 ( 2 ) I See note ( 4 )
Common Stock 10/02/2023 J( 1 ) 451,411 A $ 0 451,411 ( 3 ) I See note ( 4 )
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Repertoire Partners LP
31 HUDSON YARDS
11TH FLOOR SUITE #43
NEW YORK, NY10001
X
Repertoire Master Fund LP
345 CALIFORNIA STREET, SUITE 600
SAN FRANCISCO, CA94104
X
Signatures
/s/ Deepak Sarpangal, Managing Member of the general partner of Repertoire Master Fund LP 10/05/2023
Signature of Reporting Person Date
/s/ Deepak Sarpangal, Managing Member of the general partner of Repertoire Partners LP 10/05/2023
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Repertoire Master Fund LP (the "Master Fund") distributed these shares in kind to Repertoire Supplement Z LP, a liquidating fund formed for certain investors withdrawing from the Master Fund (the "Liquidating Fund"). Following this distribution, the Master Fund beneficially owns less than 10% of the outstanding shares of the issuer.
( 2 )These securities are held directly by the Master Fund.
( 3 )These securities are held directly by the Liquidating Fund.
( 4 )Repertoire Partners LP ("Repertoire") is the investment adviser to the Master Fund and the Liquidating Fund (the "Funds"). Repertoire Holdings LLC ("Holdings") is the general partner of the Funds. Deepak Sarpangal is the control person of Repertoire and Holdings. The securities may be deemed to be beneficially owned by Repertoire as the investment adviser to the Funds, by Holdings as the general partner of the Funds and by Mr. Sarpangal as the control person of Repertoire and Holdings. Each of Repertoire, Holdings and Mr. Sarpangal disclaims beneficial ownership of such securities except to the extent of that person's pecuniary interest therein.

Remarks:
Repertoire is filing this Form 4 on behalf of itself, Holdings and Mr. Sarpangal. The filers are filing this Form jointly, but not as a group, and each expressly disclaims membership in a group.

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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