LAKE JOSHUA P 4
4 · ELLSWORTH CONVERTIBLE GROWTH & INCOME FUND INC · Filed Nov 5, 2003
Insider Transaction Report
Form 4
LAKE JOSHUA P
Ass't Treas. / Ass't Secretary
Transactions
- Exercise of In-Money
Common Stock
2003-11-05$7.76/sh+9$70→ 61 total(indirect: By Spouse) - Exercise of In-Money
Common Stock
2003-11-05$7.76/sh+43$334→ 309 total - Exercise of In-Money
Subscription Rights (Right to buy)
2003-11-05−258→ 0 totalExercise: $7.76From: 2003-10-17Exp: 2003-11-19→ Common Stock (43 underlying) - Exercise of In-Money
Subscription Rights (Right to buy)
2003-11-05−54→ 0 total(indirect: By Spouse)Exercise: $7.76From: 2003-10-17Exp: 2003-11-19→ Common Stock (9 underlying)
Footnotes (3)
- [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 ECF's Common Stock on the American Stock Exchange ("AMEX") on October 14, 2003 and the four preceding trading days. The actual subscription price per share will be the lesser of 95% of (A) the net asset value per share of the ECF's Common Stock on the AMEX on November 20, 2003, or (B) the average of the volume-weighted average sales prices of a share of the ECF's Common Stock on the AMEX on November 20, 2003 and the four preceding trading days.
- [F2]Includes 11 shares acquired on various dates in fiscal years 2002 and 2003 under the ECF dividend reinvestment plan.
- [F3]Includes 2 shares acquired on various dates in fiscal years 2002 and 2003 under the ECF dividend reinvestment plan.