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PROSPECT STREET HIGH INCOME PORTFOLIO INC 4

Accession 0001209191-07-012104

CIK 0000832904other

Filed

Feb 20, 7:00 PM ET

Accepted

Feb 21, 3:25 PM ET

Size

6.9 KB

Accession

0001209191-07-012104

Insider Transaction Report

Form 4
Period: 2007-02-01
Transactions
  • Purchase

    Common Stock

    2007-02-01$3.27/sh+134.391$4391,531,668.104 total(indirect: See Footnote)
Footnotes (3)
  • [F1]Shares purchased by the the Highland 401(k) Plan (the "401(k) Plan").
  • [F2]Includes (i) 915,000 shares held by the Highland CDO Opportunity Fund, Ltd. ("CDO"), (ii) 200,816 shares held by The Canis Major Trust ("Canis Major"), (iii) 101,538 shares held by The Canis Minor Trust ("Canis Minor"), (iv) 70,982 shares held by HCMLP, (v) 84,514 shares held by PCMG Trading Partners XXIII, LP ("PCMG"), (vi) 2,275 held by the Highland Equity Focus Fund, L.P. ("HEFF"), (vii) 137,896.779 shares held by the Option Plan and (viii) 18,646.325 shares held by the 401(k) Plan for the account of Mr. Dondero.
  • [F3]HCMLP is the investment advisor for Prospect Street High Income Portfolio, Inc. HCMLP maintains the 401(k) Plan and the Option Plan for the benefit of its employees. Mr. Dondero is the President of HCMLP and the trustee of Canis Major, Canis Minor and the 401(k) Plan. Each of CDO, HEFF and PCMG are controlled by HCMLP. Each of the Option Plan and the 401(k) Plan expressly disclaims beneficial ownership of the securities reported herein. Each of CDO, HEFF, PCMG, Canis Major, Canis Minor, HCMLP and Mr. Dondero expressly disclaims beneficial ownership of the securities reported herein, except to the extent of their pecuniary interest therein.

Issuer

PROSPECT STREET HIGH INCOME PORTFOLIO INC

CIK 0000832904

Entity typeother
IncorporatedMD

Related Parties

1
  • filerCIK 0000832904

Filing Metadata

Form type
4
Filed
Feb 20, 7:00 PM ET
Accepted
Feb 21, 3:25 PM ET
Size
6.9 KB