Swank Jerry V 4
4 · Cushing MLP Total Return Fund · Filed Sep 16, 2009
Insider Transaction Report
Form 4
Swank Jerry V
DirectorPresident and CEO
Transactions
- Purchase
Common Shares
2009-09-14$6.02/sh+50,000$301,000→ 54,000 total
Footnotes (3)
- [F1]The filing of this Form 4 shall not be construed as an admission that Jerry V. Swank ("Mr. Swank") is or was for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, the beneficial owner of any of the common shares of Cushing MLP Total Return Fund ("Common Shares") held by private investment funds ultimately managed by Mr. Swank (each, a "Fund" and collectively, the "Funds"). Pursuant to Rule 16a-1, Mr. Swank disclaims such beneficial ownership beyond his pecuniary interest in the Funds.
- [F2]An additional 9,236 Common Shares are held by a Fund, as previously reported on a Form 4 filed on 7/3/08. The Fund's general partner receives an allocation of net profits and an asset based fee from the Fund. Mr. Swank serves as the manager of the general partner of the Fund's general partner.
- [F3]An additional 4,000 Common Shares are held by a second Fund, as previously reported on a Form 4 filed on 10/25/07. The Fund's general partner receives an allocation of net profits and an asset based fee from the Fund. Mr. Swank serves as the manager of the general partner of the Fund's general partner.