BOULDER GROWTH & INCOME FUND 4
4 · BOULDER GROWTH & INCOME FUND · Filed Mar 24, 2015
Insider Transaction Report
Form 4
NORGAARD STEVEN K
Director
Transactions
- Purchase
Common Stock
2015-03-20+1,219→ 3,779 total - Purchase
Common Stock
2015-03-20+1,560→ 2,560 total
Footnotes (3)
- [F1]Received in exchange for 500 shares of Boulder Total Return Fund, Inc. (BTF) common stock, 500 shares of The Denali Fund Inc. (DNY) common stock pursuant to an Agreement and Plan of Reorganization between the Issuer, DNY and affiliated funds (the "Merger").
- [F2]On March 20, 2015, the effective date of the Merger, Shares of BTF were exchanged for shares of Issuer at a conversion rate of 3.121182 Shares of Issuer's common stock (net asset value $10.73 per share) for each share of BTF's common stock (net asset value $33.50 per share).
- [F3]On March 20, 2015, the effective date of the Merger, Shares of DNY were exchanged for shares of Issuer at a conversion rate of 2.439214 Shares of Issuer's common stock (net asset value $10.73 per share) for each share of DNY's common stock (net asset value $26.18 per share).