Paylor Ryan M 4
4 · HERZFELD CARIBBEAN BASIN FUND INC · Filed Nov 19, 2024
Insider Transaction Report
Form 4
Paylor Ryan M
Other
Transactions
- Disposition to Issuer
Common stock
2024-11-15$3.23/sh−1,776$5,732→ 23,357 total
Footnotes (1)
- [F1]The amount reported represents the estimated number of shares tendered to The Herzfeld Caribbean Basin Fund, Inc. (the "Fund") in connection with the issuer tender offer by the Fund pursuant to the Tender Offer Statement on Schedule TO filed with the Securities and Exchange Commission on October 15, 2024 (the "Tender Offer"). The Fund will purchase only a prorated portion of the shares properly tendered by each tendering stockholder. Based on a preliminary count reported by the Fund, the preliminary proration factor is 7.07%. If necessary, an amended Form 4 will be filed to report the number of shares actually disposed of by the reporting person in connection with the Tender Offer once the final proration factor is determined.