4//SEC Filing
TATUM KAY W 4
Accession 0001398344-22-006912
CIK 0000880406other
Filed
Apr 3, 8:00 PM ET
Accepted
Apr 4, 4:31 PM ET
Size
5.5 KB
Accession
0001398344-22-006912
Insider Transaction Report
Form 4
TATUM KAY W
Director
Transactions
- Other
Common stock
2022-03-31$4.89/sh+60$293→ 1,176 total
Footnotes (1)
- [F1]On March 31, 2022, the Fund paid a quarterly distribution of $0.26475 per share to shareholders of record on February 18, 2022 in cash and shares of common stock (the "March 2022 Distribution"). The March 2022 Distribution was paid in cash or shares of the Fund's common stock at the election of stockholders with the total amount of cash distributed to all stockholders limited to 20% of the total distribution to be paid, excluding any cash paid for fractional shares. The remainder of the March 2022 Distribution (approx. 80%) was paid in the form of shares of the Fund's common stock. The exact distribution of cash and stock to any given stockholder was dependent upon their election as well as elections of other stockholders, subject to the pro-rata limitation. The price per share used to calculate the number of shares to be issued in lieu of cash was $4.88931. Ms. K. Tatum received 60 shares of common stock of the Fund in connection with the March 2022 Distribution.
Documents
Issuer
HERZFELD CARIBBEAN BASIN FUND INC
CIK 0000880406
Entity typeother
Related Parties
1- filerCIK 0001416189
Filing Metadata
- Form type
- 4
- Filed
- Apr 3, 8:00 PM ET
- Accepted
- Apr 4, 4:31 PM ET
- Size
- 5.5 KB