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4//SEC Filing

LIPSON ARTHUR D 4

Accession 0000921895-10-001152

CIK 0001395999other

View on SEC.gov Company Profile

Filed

Jul 15, 8:00 PM ET

Accepted

Jul 16, 6:37 PM ET

Size

24.2 KB

Accession

0000921895-10-001152

Insider Transaction Report

Form 4

Period: 2010-07-14

DWS RREEF WORLD REAL ESTATE FUND, INC.DRP

Western Investment Activism Partners LLC

10% Owner

Transactions

Purchase
Common Stock, par value $0.01
2010-07-15$14.18/sh+6,300$89,365→ 15,800 total(indirect: By LLC)
Purchase
Common Stock, par value $0.01
2010-07-16$13.97/sh+6,400$89,440→ 22,200 total(indirect: By LLC)
Purchase
Common Stock, par value $0.01
2010-07-14$14.20/sh+2,100$29,819→ 9,500 total(indirect: By LLC)

Holdings

Common Stock, par value $0.01
(indirect: By LLC)
900
Common Stock, par value $0.01
(indirect: By Western Investment Total Return Partners L.P.)
162,644
Common Stock, par value $0.01
500
Common Stock, par value $0.01
(indirect: By Western Investment Hedged Partners L.P.)
162,675
Common Stock, par value $0.01
(indirect: By Western Investment Total Return Fund Ltd.)
162,600

Western Investment Total Return Fund Ltd.

10% Owner

Transactions

Purchase
Common Stock, par value $0.01
2010-07-14$14.20/sh+2,100$29,819→ 9,500 total(indirect: By LLC)
Purchase
Common Stock, par value $0.01
2010-07-16$13.97/sh+6,400$89,440→ 22,200 total(indirect: By LLC)
Purchase
Common Stock, par value $0.01
2010-07-15$14.18/sh+6,300$89,365→ 15,800 total(indirect: By LLC)

Holdings

Common Stock, par value $0.01
(indirect: By Western Investment Hedged Partners L.P.)
162,675
Common Stock, par value $0.01
(indirect: By Western Investment Total Return Fund Ltd.)
162,600
Common Stock, par value $0.01
(indirect: By Western Investment Total Return Partners L.P.)
162,644
Common Stock, par value $0.01
500
Common Stock, par value $0.01
(indirect: By LLC)
900

LIPSON ARTHUR D

10% Owner

Transactions

Purchase
Common Stock, par value $0.01
2010-07-15$14.18/sh+6,300$89,365→ 15,800 total(indirect: By LLC)
Purchase
Common Stock, par value $0.01
2010-07-16$13.97/sh+6,400$89,440→ 22,200 total(indirect: By LLC)
Purchase
Common Stock, par value $0.01
2010-07-14$14.20/sh+2,100$29,819→ 9,500 total(indirect: By LLC)

Holdings

Common Stock, par value $0.01
(indirect: By Western Investment Total Return Fund Ltd.)
162,600
Common Stock, par value $0.01
(indirect: By Western Investment Hedged Partners L.P.)
162,675
Common Stock, par value $0.01
500
Common Stock, par value $0.01
(indirect: By LLC)
900
Common Stock, par value $0.01
(indirect: By Western Investment Total Return Partners L.P.)
162,644

Western Investment Hedged Partners L.P.

10% Owner

Transactions

Purchase
Common Stock, par value $0.01
2010-07-14$14.20/sh+2,100$29,819→ 9,500 total(indirect: By LLC)
Purchase
Common Stock, par value $0.01
2010-07-15$14.18/sh+6,300$89,365→ 15,800 total(indirect: By LLC)
Purchase
Common Stock, par value $0.01
2010-07-16$13.97/sh+6,400$89,440→ 22,200 total(indirect: By LLC)

Holdings

Common Stock, par value $0.01
500
Common Stock, par value $0.01
(indirect: By Western Investment Hedged Partners L.P.)
162,675
Common Stock, par value $0.01
(indirect: By Western Investment Total Return Partners L.P.)
162,644
Common Stock, par value $0.01
(indirect: By LLC)
900
Common Stock, par value $0.01
(indirect: By Western Investment Total Return Fund Ltd.)
162,600

WESTERN INVESTMENT LLC

10% Owner

Transactions

Purchase
Common Stock, par value $0.01
2010-07-15$14.18/sh+6,300$89,365→ 15,800 total(indirect: By LLC)
Purchase
Common Stock, par value $0.01
2010-07-14$14.20/sh+2,100$29,819→ 9,500 total(indirect: By LLC)
Purchase
Common Stock, par value $0.01
2010-07-16$13.97/sh+6,400$89,440→ 22,200 total(indirect: By LLC)

Holdings

Common Stock, par value $0.01
(indirect: By Western Investment Hedged Partners L.P.)
162,675
Common Stock, par value $0.01
(indirect: By Western Investment Total Return Partners L.P.)
162,644
Common Stock, par value $0.01
500
Common Stock, par value $0.01
(indirect: By LLC)
900
Common Stock, par value $0.01
(indirect: By Western Investment Total Return Fund Ltd.)
162,600

Western Investment Total Return Partners L.P.

10% Owner

Transactions

Purchase
Common Stock, par value $0.01
2010-07-16$13.97/sh+6,400$89,440→ 22,200 total(indirect: By LLC)
Purchase
Common Stock, par value $0.01
2010-07-15$14.18/sh+6,300$89,365→ 15,800 total(indirect: By LLC)
Purchase
Common Stock, par value $0.01
2010-07-14$14.20/sh+2,100$29,819→ 9,500 total(indirect: By LLC)

Holdings

Common Stock, par value $0.01
500
Common Stock, par value $0.01
(indirect: By LLC)
900
Common Stock, par value $0.01
(indirect: By Western Investment Hedged Partners L.P.)
162,675
Common Stock, par value $0.01
(indirect: By Western Investment Total Return Partners L.P.)
162,644
Common Stock, par value $0.01
(indirect: By Western Investment Total Return Fund Ltd.)
162,600

Footnotes (6)

[F1]This Form 4 is filed jointly by Western Investment LLC ("WILLC"), Western Investment Activism Partners LLC ("WIAP"), Western Investment Hedged Partners L.P. ("WIHP"), Western Investment Total Return Fund Ltd. ("WITRL"), Western Investment Total Return Partners L.P. ("WITRP") and Arthur D. Lipson (collectively the "Reporting Persons"). Each of the Reporting Persons is a member of a Section 13(d) group with respect to the securities of the Issuer that beneficially owns in excess of 10% of the Issuer's outstanding Shares. As members of the group, each of the Reporting Persons may be deemed to beneficially own the securities of the Issuer beneficially owned by the other members of the group. The Reporting Persons disclaim beneficial ownership of the securities of the Issuer beneficially owned by the other members of the group except to the extent of their pecuniary interest therein.
[F2]Shares owned directly by WIAP. As the managing member of WIAP, WILLC may be deemed to beneficially own the Shares owned by WIAP. As the managing member of WILLC, Mr. Lipson may be deemed to beneficially own the Shares owned by WIAP. Mr. Lipson and WILLC disclaim beneficial ownership of such Shares except to the extent of their pecuniary interest therein.
[F3]Shares owned directly by WILLC. As the managing member of WILLC, Mr. Lipson may be deemed to beneficially own the Shares owned by WILLC. Mr. Lipson disclaims beneficial ownership of such Shares except to the extent of his pecuniary interest therein.
[F4]Shares owned directly by WIHP. As the general partner of WIHP, WILLC may be deemed to beneficially own the Shares owned by WIHP. As the managing member of WILLC, Mr. Lipson may be deemed to beneficially own the Shares owned by WIHP. Mr. Lipson and WILLC disclaim beneficial ownership of such Shares except to the extent of their pecuniary interest therein.
[F5]Shares owned directly by WITRL. As the investment manager of WITRL, WILLC may be deemed to beneficially own the Shares owned by WITRL. As the managing member of WILLC, Mr. Lipson may be deemed to beneficially own the Shares owned by WITRL. Mr. Lipson and WILLC disclaim beneficial ownership of such Shares except to the extent of their pecuniary interest therein.
[F6]Shares owned directly by WITRP. As the general partner of WITRP, WILLC may be deemed to beneficially own the Shares owned by WITRP. As the managing member of WILLC, Mr. Lipson may be deemed to beneficially own the Shares owned by WITRP. Mr. Lipson and WILLC disclaim beneficial ownership of such Shares except to the extent of their pecuniary interest therein.

Documents

1 file

4
form406290041_07162010.xmlPrimary

Issuer

DWS RREEF WORLD REAL ESTATE FUND, INC.

CIK 0001395999

→

Entity typeother

Related Parties

filerCIK 0001257108

Filing Metadata

Form type: 4
Filed: Jul 15, 8:00 PM ET
Accepted: Jul 16, 6:37 PM ET
Size: 24.2 KB

View on SEC.gov