HARRIS BEN H 4

4 · SPECIAL OPPORTUNITIES FUND, INC. · Filed Jul 11, 2012

Form 4

Period: 2012-07-09

Director

Transactions

Exercise of In-Money
3.00% Convertible Preferred Stock, Series A
2012-07-09$50.00/sh+207$10,350→ 207 total
Exercise: $0.00→ Common Stock (621 underlying)
Other
Subscription Rights (right to buy)
2012-07-09$0.65/sh+207$135→ 207 total
Exercise: $50.00From: 2012-06-15Exp: 2012-07-23→ 3.00% Convertible Preferred Stock, Series A (207 underlying)
Exercise of In-Money
Subscription Rights (right to buy)
2012-07-09−207→ 0 total
Exercise: $50.00From: 2012-06-15Exp: 2012-07-23→ 3.00% Convertible Preferred Stock, Series A (207 underlying)

Holdings

Footnotes (4)

[F1]Transferable subscription rights ("Rights") were issued on a pro rata basis to stockholders of record as of June 15, 2012 in connection with a rights offering by the Issuer. Each Right entitles its holder to purchase one share of 3.00% Convertible Preferred Stock, Series A ("Preferred Stock") at a subscription price of $50 per share. The rights offering will expire on July 23, 2012 unless extended by the Issuer.
[F2]The Rights being reported hereunder were purchased on the open market.
[F3]The shares of Preferred Stock are convertible into common stock immediately upon issuance at the ratio of three shares of common stock for every one share of Preferred Stock, subject to adjustment.
[F4]The shares of Preferred Stock will be redeemed by the Issuer if not converted prior to July 24, 2017.

Documents

1 file