LOLA BROWN TRUST 1B 4
4 · FIRST FINANCIAL FUND INC · Filed Dec 14, 2004
Insider Transaction Report
Form 4
LOLA BROWN TRUST 1B
10% Owner
Transactions
- Sale
Common Stock
2004-12-13$24.08/sh−500$12,040→ 2,407,800 total - Sale
Common Stock
2004-12-13$24.00/sh−17,900$429,600→ 2,386,700 total - Sale
Common Stock
2004-12-13$24.01/sh−3,200$76,832→ 2,404,600 total
Footnotes (2)
- [F1]The trustees of the Lola Brown Trust No. 1B (the "Brown Trust") are Badlands Trust Company ("Badlands"), Susan L. Ciciora and Larry Dunlap. Such trustees may be deemed to control the Brown Trust and may be deemed to possess indirect beneficial ownership of the Shares held by the Brown Trust. However, none of the trustees, acting alone, can vote or exercise dispositive authority over Shares held by the Brown Trust. Accordingly, Badlands, Ms. Ciciora and Mr. Dunlap disclaim beneficial ownership of the Shares beneficially owned, directly or indirectly, by the Brown Trust. In addition to serving as a trustee, Ms. Ciciora is also a beneficiary of the Brown Trust. As a result of his advisory role with the Brown Trust, Stewart R. Horejsi may be deemed to have indirect beneficial ownership of the Shares directly beneficially owned by the Brown Trust. However, Mr. Horejsi disclaims such beneficial ownership of the Shares directly beneficially held by the Brown Trust.
- [F2]Trusts affiliated with the Brown Trust, including the Ernest Horejsi Trust No. 1B, the Mildred B. Horejsi Trust, the Susan L. Ciciora Trust, and the Stewart R. Horejsi Trust No. 2, own an aggregate of 9,161,900 Shares of the Fund following these transactions.