Home/Filings/4/A/0001535783-15-000003
4/A//SEC Filing

BOULDER GROWTH & INCOME FUND 4/A

Accession 0001535783-15-000003

$STEWCIK 0000102426other

Filed

May 4, 8:00 PM ET

Accepted

May 5, 5:32 PM ET

Size

8.4 KB

Accession

0001535783-15-000003

Insider Transaction Report

Form 4/AAmended
Period: 2015-03-20
Transactions
  • Award

    Common Stock

    2015-03-20+1,2193,779 total
  • Award

    Common Stock

    2015-03-20+1,5602,560 total
Footnotes (4)
  • [F1]On March 20, 2015, Boulder Total Return Fund, Inc. ("BTF"), The Denali Fund Inc. ("DNY") and First Opportunity Fund, Inc. ("FOFI") reorganized into Boulder Growth & Income Fund, Inc. ("BIF") (the "Reorganization") pursuant to that certain Agreement and Plan of Reorganization, dated as of March 5, 2015 (the "Agreement"). Pursuant to the Agreement, BIF acquired all of the assets and liabilities of BTF, DNY and FOFI in exchange for common shares of BIF (the "BIF Shares").
  • [F2]The Reorganization occurred based on the relative net asset values ("NAV") of BIF, BTF, DNY and FOFI as of the close of regular trading on the New York Stock Exchange on March 20, 2015. At such time, BIF reported net assets of $273,608,352.67 and a NAV per share of $10.73; BTF reported net assets of $413,286,769.95 and a NAV per share of $33.50; and DNY reported net assets of $108,819,429.37 and a NAV per share of $26.18. Holders of BTF shares received 3.121182 BIF Shares for each BTF share owned and holders of DNY shares received 2.439214 BIF Shares for each DNY share owned. Fractional shares were paid in cash.
  • [F3]In connection with the Reorganization, Mr. Norgaard received 1,560 BIF Shares (and cash for fractional shares, if any) for his 500 shares of BTF.
  • [F4]In connection with the Reorganization, Mr. Norgaard received 1,219 BIF Shares (and cash for fractional shares, if any) for his 500 shares of DNY.

Issuer

BOULDER GROWTH & INCOME FUND

CIK 0000102426

Entity typeother
IncorporatedMD

Related Parties

1
  • filerCIK 0000102426

Filing Metadata

Form type
4/A
Filed
May 4, 8:00 PM ET
Accepted
May 5, 5:32 PM ET
Size
8.4 KB