Lunder Marc 4
4 · SPECIAL OPPORTUNITIES FUND, INC. · Filed Jun 29, 2021
Insider Transaction Report
Form 4
Lunder Marc
Director
Transactions
- Exercise/Conversion
Common Stock
2021-06-23+1,369→ 4,869 total(indirect: By IRA) - Exercise/Conversion
3.50% Convertible Preferred Stock Series B
2021-06-23−660→ 0 total(indirect: By IRA)Exercise: $0.00→ Common Stock (1,290 underlying) - Exercise/Conversion
Common Stock
2021-06-23+1,290→ 4,590 total(indirect: By IRA) - Exercise/Conversion
3.50% Convertible Preferred Stock Series B
2021-06-23−700→ 0 total(indirect: By IRA)Exercise: $0.00→ Common Stock (1,369 underlying)
Footnotes (3)
- [F1]On June 23, 2021 the Reporting Person converted: (i) 700 shares of the Registrant's 3.50% Convertible Preferred Stock Series B held in the Reporting Person's SEP IRA into 1,369 shares of the Registrant's common stock and (ii) 660 shares of the Registrant's 3.50% Convertible Preferred Stock Series B held in the Reporting Person's Roth IRA into 1,290 shares of the Registrant's common stock.
- [F2]The shares of Preferred Stock are convertible into common stock immediately upon issuance at the current conversion ratio of 1.9558 shares of common stock for each share of Preferred Stock held, subject to adjustment.
- [F3]The Issuer has announced that, if not converted prior, the shares of Preferred Stock will be redeemed by the Issuer on July 9, 2021.