BOULDER GROWTH & INCOME FUND 4
4 · BOULDER GROWTH & INCOME FUND · Filed Mar 25, 2015
Insider Transaction Report
Form 4
BARR RICHARD I
Director
Transactions
- Purchase
Common Stock
2015-03-20+22,505→ 50,384 total - Purchase
Common Stock
2015-03-20+18,777→ 27,879 total
Footnotes (3)
- [F1]Received in exchange for 6,016 shares of Boulder Total Return Fund, Inc. (BTF) common stock and 20,244 shares of First Opportunity Fund, Inc. (FOFI) common stock pursuant to an Agreement and Plan of Reorganization between the Issuer, the foregoing funds and an affiliated fund (the Merger).
- [F2]On March 20, 2015, the effective date of the Merger, Shares of BTF were exchanged for shares of Issuer at a conversion rate of 3.121182 Shares of Issuers common stock (net asset value $10.73 per share) for each share of BTFs common stock (net asset value $33.50 per share).
- [F3]On March 20, 2015, the effective date of the Merger, Shares of FOFI were exchanged for shares of Issuer at a conversion rate of 1.111719 Shares of Issuers common stock (net asset value $10.73 per share) for each share of FOFIs common stock (net asset value $11.93 per share).