CHADWICK ROBERT E 4
4 · Flaherty & Crumrine PREFERRED INCOME OPPORTUNITY FUND INC · Filed Dec 28, 2006
Insider Transaction Report
Form 4
CHADWICK ROBERT E
DirectorCEO and PresidentOther
Transactions
- Other
Common Stock
2006-12-26$12.30/sh+8,603$105,817→ 8,603 total(indirect: Please see footnote 1)
Footnotes (2)
- [F1]Mr. Chadwick is a 10% shareholder of Flaherty & Crumrine Incorporated, the direct beneficial owner of these shares. On December 26, 2006, the Board of Directors of Flaherty & Crumrine determined that Mr. Chadwick, as a director, would share investment control of these shares with the other directors of the corporation. Consequently, Mr. Chadwick is now reporting his pecuniary interest in these shares because he is no longer entitled to rely on Rule 16a-1(2)(iii) under the Exchange Act.
- [F2]Mr. Chadwick directly holds an additional 2,821 shares of the Fund.