LAKE H TUCKER JR 4
4 · BANCROFT CONVERTIBLE FUND INC · Filed Jan 5, 2004
Insider Transaction Report
Form 4
LAKE H TUCKER JR
Other
Transactions
- Award
Common Stock
2003-12-31$17.82/sh+6$107→ 122 total
Footnotes (4)
- [F1]These shares were acquired in the Fund's 2003 Rights Offering pursuant to the Over-Subscription Privilege. Only shareholders who subscribed for all shares allocated to them in the Primary Subscription were able to participate in the Over-Subscription Privilege. The 2003 Rights Offering was approved by the Fund's Board of Directors.
- [F2]Based on the subscription price per share of 95% of the average of the volume-weighted average sales prices of a share of the Fund's Common Stock on the American Stock Exchange ("AMEX") on December 17, 2003 and the four preceding trading days.
- [F3]Includes 1 share acquired on December 26, 2003 under the BCV dividend reinvestment plan.
- [F4]In addition, the reporting person is the indirect beneficial owner of 264 additional shares owned by his wife, which includes 2 shares acquired on December 26, 2003 under the BCV dividend reinvestment plan.