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ELLSWORTH CONVERTIBLE GROWTH & INCOME FUND INC · Nov 7, 1:08 PM ET

ELLSWORTH CONVERTIBLE GROWTH & INCOME FUND INC 4

4 · ELLSWORTH CONVERTIBLE GROWTH & INCOME FUND INC · Filed Nov 7, 2003

Insider Transaction Report

Form 4
Period: 2003-11-05
Transactions
  • Exercise of In-Money

    Subscription Rights (Right to buy)

    2003-11-056,0540 total
    Exercise: $7.76From: 2003-10-17Exp: 2003-11-19Common Stock (1,009 underlying)
  • Exercise of In-Money

    Common Stock

    2003-11-05$7.76/sh+1,009$7,8307,063 total
  • Exercise of In-Money

    Common Stock

    2003-11-05$7.76/sh+135$1,048944 total(indirect: By Trust)
  • Exercise of In-Money

    Subscription Rights (Right to buy)

    2003-11-058100 total(indirect: By Trust)
    Exercise: $7.76From: 2003-10-17Exp: 2003-11-19Common Stock (135 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 (A) 95% of the net asset value per share of the ECF's Common Stock on the AMEX on November 20, 2003, or (B) 95% of 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 shares acquired on various dates in fiscal years 1997 through 2003 under the ECF dividend reinvestment plan.
  • [F3]Uniform Transfer to Minors Act (Conn.)

Documents

2 files