ORTIZ GERMAINE M 4
4 · ELLSWORTH CONVERTIBLE GROWTH & INCOME FUND INC · Filed Dec 3, 2003
Insider Transaction Report
Form 4
ORTIZ GERMAINE M
Other
Transactions
- Award
Common Stock
2003-12-01$7.97/sh+133$1,060→ 1,575 total
Footnotes (3)
- [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 ECF's Common Stock on the American Stock Exchange ("AMEX") on November 20, 2003 and the four preceding trading days.
- [F3]Includes 16 shares acquired on November 26, 2003 under the ECF dividend reinvestment plan.