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4//SEC Filing

DENALI FUND INC. 4

Accession 0001247997-14-000002

CIK 0001187520other

Filed

Dec 1, 7:00 PM ET

Accepted

Dec 2, 6:24 PM ET

Size

7.2 KB

Accession

0001247997-14-000002

Insider Transaction Report

Form 4
Period: 2014-11-30
Transactions
  • Purchase

    Common Stock

    2014-11-30$22.88/sh+56,608$1,295,19156,608 total
Transactions
  • Purchase

    Common Stock

    2014-11-30$22.88/sh+56,608$1,295,19156,608 total
Footnotes (3)
  • [F1]The shares reported in Item 4 were effected as an inter-trust transfer and gift from the Evergreen Trust to the Stewart West Indies Trust, both of which are affiliated with the Horejsi family, in connection with the dissolution of the Evergreen Trust. The closing market price of the Fund's stock on November 28, 2014, the last trading day before the effective date of the gift, was $22.88 per share.
  • [F2]The trustee of the Stewart West Indies Trust is Alaska Trust Company ("Alaska Trust"), which may be deemed to control the Stewart West Indies Trust. As a result of his advisory role with the Stewart West Indies Trust, Stewart R. Horejsi may be deemed to have indirect beneficial ownership of the shares directly beneficially owned by the Stewart West Indies Trust. However, Mr. Horejsi disclaims such beneficial ownership of the shares directly beneficially held by the Stewart West Indies Trust.
  • [F3]Trusts and entities affiliated with the Stewart West Indies Trust, including the Lola Brown Trust No. 1B, the Susan L. Ciciora Trust, and the Mildred B. Horejsi Trust, own an aggregate of 3,196,432 Shares of the Fund following these transactions.

Issuer

DENALI FUND INC.

CIK 0001187520

Entity typeother
IncorporatedMD

Related Parties

1
  • filerCIK 0001187520

Filing Metadata

Form type
4
Filed
Dec 1, 7:00 PM ET
Accepted
Dec 2, 6:24 PM ET
Size
7.2 KB