4//SEC Filing
DENALI FUND INC. 4
Accession 0001099343-15-000009
CIK 0001187520other
Filed
Mar 23, 8:00 PM ET
Accepted
Mar 24, 6:41 PM ET
Size
7.2 KB
Accession
0001099343-15-000009
Insider Transaction Report
Form 4
HOREJSI STEWART R
10% Owner
Transactions
- Sale
Common Stock
2015-03-20−1,159,729→ 0 total
SUSAN L CICIORA TRUST
10% Owner
Transactions
- Sale
Common Stock
2015-03-20−1,159,729→ 0 total
Footnotes (3)
- [F1]Disposed of on March 20, 2015 pursuant to an Agreement and Plan of Reorganization between the Issuer and Boulder Growth & Income Fund, Inc. (BIF) and two affiliated funds in exchange for BIF common stock at a conversion rate of 2.439214 shares of BIF common stock (net asset value $10.73 per share) for each share of Issuers common stock (net asset value $26.18 per share).
- [F2]The trustee of the Susan L. Ciciora Trust (the "Trust") is Alaska Trust Company, which may be deemed to control the Trust. As a result of his advisory role with the Trust, Stewart R. Horejsi may be deemed to have indirect beneficial ownership of the Shares directly beneficially owned by the Trust. However, Mr. Horejsi disclaims such beneficial ownership of the Shares directly beneficially held by the Trust.
- [F3]Trusts, persons and entities affiliated with the Susan L. Ciciora Trust, including the Lola Brown Trust No. 1B, Mildred B. Horejsi Trust and Stewart West Indies Trust owned an aggregate of 3,196,432 Shares of the Issuer prior to the reorganization of the Issuer on March 20, 2015.
Documents
Issuer
DENALI FUND INC.
CIK 0001187520
Entity typeother
IncorporatedMD
Related Parties
1- filerCIK 0001187520
Filing Metadata
- Form type
- 4
- Filed
- Mar 23, 8:00 PM ET
- Accepted
- Mar 24, 6:41 PM ET
- Size
- 7.2 KB