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ELLSWORTH CONVERTIBLE GROWTH & INCOME FUND INC 4

Accession 0000793040-03-000031

$ECFCIK 0000793040other

Filed

Nov 6, 7:00 PM ET

Accepted

Nov 7, 1:19 PM ET

Size

11.3 KB

Accession

0000793040-03-000031

Insider Transaction Report

Form 4
Period: 2003-11-07
Transactions
  • Exercise of In-Money

    Subscription Rights (Right to buy)

    2003-11-071,0140 total
    Exercise: $7.76From: 2003-10-17Exp: 2003-11-19Common Stock (169 underlying)
  • Exercise of In-Money

    Common Stock

    2003-11-07$7.76/sh+169$1,3111,180 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 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 11 shares acquired on various dates in fiscal years 2002 and 2003 under the ECF dividend reinvestment plan.

Issuer

ELLSWORTH CONVERTIBLE GROWTH & INCOME FUND INC

CIK 0000793040

Entity typeother
IncorporatedDE

Related Parties

1
  • filerCIK 0000793040

Filing Metadata

Form type
4
Filed
Nov 6, 7:00 PM ET
Accepted
Nov 7, 1:19 PM ET
Size
11.3 KB