4//SEC Filing
WALDEN CHARLES C 4
Accession 0001144204-12-041991
CIK 0000897802other
Filed
Jul 30, 8:00 PM ET
Accepted
Jul 31, 4:13 PM ET
Size
15.9 KB
Accession
0001144204-12-041991
Insider Transaction Report
Form 4
WALDEN CHARLES C
Director
Transactions
- Exercise of In-Money
Subscription Rights (right to buy)
2012-07-30−1,035→ 1,654 totalExercise: $50.00From: 2012-06-15Exp: 2012-07-23→ 3.00% Convertible Preferred Stock, Series A (1,035 underlying) - Exercise of In-Money
3.00% Convertible Preferred Stock, Series A
2012-07-30$50.00/sh+1,654$82,700→ 1,654 totalExercise: $0.00→ Common Stock (4,962 underlying) - Exercise of In-Money
Subscription Rights (right to buy)
2012-07-30−200→ 413 total(indirect: By Spouse)Exercise: $50.00From: 2012-06-15Exp: 2012-07-23→ 3.00% Convertible Preferred Stock, Series A (200 underlying) - Exercise of In-Money
3.00% Convertible Preferred Stock, Series A
2012-07-30$50.00/sh+413$20,650→ 413 total(indirect: By Spouse)Exercise: $0.00→ Common Stock (1,239 underlying)
Holdings
- 10,355
Common Stock
- 2,000(indirect: By Spouse)
Common Stock
Footnotes (6)
- [F1]The Reporting Person disclaims beneficial ownership of the securities owned by his spouse and this report should not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purposes.
- [F2]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, at the rate of one Right for each ten shares of common stock owned (the "Basic Subscription Right"). Each Right entitled its holder to purchase one share of 3.00% Convertible Preferred Stock, Series A ("Preferred Stock") at a subscription price of $50 per share. Pursuant to the terms of the offering, a stockholder who elected to purchase the maximum amount of Preferred Stock that such stockholder was entitled to purchase pursuant to its Basic Subscription Right was also entitled to purchase additional shares of Preferred Stock that were not purchased by the other stockholders pursuant to their Basic Subscription Rights (the "Over-Subscription Privilege").
- [F3]The rights offering expired on July 23, 2012 and shares of Preferred Stock were allocated by the transfer agent to purchasing stockholders on or about July 30, 2012.
- [F4]Includes shares of Preferred Stock acquired pursuant to the exercise of the Over-Subscription Privilege.
- [F5]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.
- [F6]The shares of Preferred Stock will be redeemed by the Issuer if not converted prior to July 24, 2017.
Documents
Issuer
SPECIAL OPPORTUNITIES FUND, INC.
CIK 0000897802
Entity typeother
Related Parties
1- filerCIK 0001475052
Filing Metadata
- Form type
- 4
- Filed
- Jul 30, 8:00 PM ET
- Accepted
- Jul 31, 4:13 PM ET
- Size
- 15.9 KB