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4//SEC Filing

LEVINE GARY I 4

Accession 0000009521-03-000009

CIK 0000009521other

Filed

Nov 30, 7:00 PM ET

Accepted

Dec 1, 12:20 PM ET

Size

7.9 KB

Accession

0000009521-03-000009

Insider Transaction Report

Form 4
Period: 2003-12-01
Transactions
  • Exercise of In-Money

    Subscription Rights (Right to buy)

    2003-12-01600882 total
    Exercise: $18.32From: 2003-11-18Exp: 2003-12-16Common Stock (100 underlying)
  • Exercise of In-Money

    Common Stock

    2003-12-01$18.32/sh+100$1,8321,581 total
Footnotes (2)
  • [F1]Based on an estimated subscription price per share of 95% of the average of the volume-weighted average sales prices of a share of the BCV's Common Stock on the American Stock Exchange ("AMEX") on November 13, 2003 and the four preceding trading days. The actual subscription price per share will be the lesser of (A) 95% of the net asset value per share of the BCV's Common Stock on the AMEX on December 17, 2003, or (B) 95% of the average of the volume-weighted average sales prices of a share of the BCV's Common Stock on the AMEX on December 17, 2003 and the four preceding trading days.
  • [F2]Includes 124 shares acquired on various dates in fiscal years 2002 and 2003 under the BCV dividend reinvestment plan.

Issuer

BANCROFT CONVERTIBLE FUND INC

CIK 0000009521

Entity typeother

Related Parties

1
  • filerCIK 0001183191

Filing Metadata

Form type
4
Filed
Nov 30, 7:00 PM ET
Accepted
Dec 1, 12:20 PM ET
Size
7.9 KB