4//SEC Filing
PROSPECT STREET INCOME SHARES INC 4
Accession 0001209191-07-019318
CIK 0000021178other
Filed
Mar 21, 8:00 PM ET
Accepted
Mar 22, 6:03 PM ET
Size
8.3 KB
Accession
0001209191-07-019318
Insider Transaction Report
Form 4
DONDERO JAMES D
Other
Transactions
- Purchase
Common Stock
2007-03-22$6.22/sh+100$622→ 915,318.02 total(indirect: See Footnote) - Purchase
Common Stock
2007-03-21$6.22/sh+4,200$26,124→ 915,218.02 total(indirect: See Footnote)
Footnotes (3)
- [F1]Shares purchased by the Highland 401(k) Plan ("the 401(k) Plan").
- [F2]Includes (i) 291,400 shares held by the Highland CDO Opportunity Fund, Ltd. ("CDO"), (ii) 200,816 shares held by The Canis Major Trust ("Canis Major"), (iii) 108,799.020 shares held by the HCM Services Option Plan (the "Option Plan") and (iv) 314,323 shares held by the 401(k) Plan.
- [F3]Highland Capital Management, LP ("HCMLP") is the investment advisor for Prospect Street Income Shares, 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 and the 401(k) Plan, as well as a participant in the 401(k) Plan. CDO is controlled by HCMLP. The 401(k) Plan expressly disclaims beneficial ownership of the securities reported herein. Each of the CDO, Canis Major, HCMLP, the Option Plan and Mr. Dondero expressly disclaims beneficial ownership of the securities reported herein, except to the extent of their pecuniary interest therein.
Documents
Issuer
PROSPECT STREET INCOME SHARES INC
CIK 0000021178
Entity typeother
IncorporatedMD
Related Parties
1- filerCIK 0000021178
Filing Metadata
- Form type
- 4
- Filed
- Mar 21, 8:00 PM ET
- Accepted
- Mar 22, 6:03 PM ET
- Size
- 8.3 KB