SWISS HELVETIA FUND, INC. 4
4 · SWISS HELVETIA FUND, INC. · Filed Jul 2, 2007
Insider Transaction Report
Form 4
Kraynak Michael Jr
Director
Transactions
- Exercise of In-Money
Common Stock
2007-06-22$16.60/sh+834$13,844→ 3,334 total - Purchase
Common Stock
2007-07-02$17.94/sh+4,890$87,714→ 10,000 total - Exercise of In-Money
Common Stock
2007-06-22$16.60/sh+476$7,902→ 3,810 total - Purchase
Subscription Rights (right to buy)
2007-06-12$0.46/sh+2$1→ 2 totalExercise: $16.60From: 2007-05-24Exp: 2007-06-29→ Common Stock (0 underlying) - Exercise of In-Money
Subscription Rights (right to buy)
2007-06-22−2,502→ 0 totalExercise: $16.60From: 2007-05-24Exp: 2007-06-22→ Common Stock (834 underlying) - Purchase
Common Stock
2007-06-29$17.65/sh+1,300$22,945→ 5,110 total
Footnotes (4)
- [F1]Subscription Price determined by 92.5% of the average of the last reported sales price per share on the NYSED for the five trading days ended June 22, 2007 (the Expiration Date).
- [F2]Record Date Stockholders who fully exercised their rights were entitled to an over-subscription privilege under which they were permitted to subscribe for additional shares of Common Stock at the Subscription Price.
- [F3]The shares of Common Stock under Item 4 of Table I were acquired through subscription in the Fund's 1-for-3 rights offering. Shares of Common Stock issued pursuant to the exercise of 2502 rights issued to Mr. Kraynak were acquired on June 28, 2007.
- [F4]These rights were purchased on 6/12/07. The Broker could not determine the price charged Mr. Kraynak for these rights; the price used is the highest trading price of 6/12/07.