GOLDSTEIN PHILLIP sold SPE
December 28, 2023 · Form 4 insider transaction
GOLDSTEIN PHILLIP sold 2,623 shares of Special Opportunities Fund, Inc. at $22.85 per share, a transaction worth $59.9K. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 5 days after the transaction.
Direction
Disposed (sell-side)
Shares
2,623
Price
$22.85
Total value
$59.9K
InsiderGOLDSTEIN PHILLIP
Role—
Security2.75% Convertible Preferred Stock, Series C
Transaction codeS: Open-market sale
Transaction dateDecember 28, 2023
Filing dateJanuary 2, 2024
Shares owned after6,746
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
The shares of Preferred Stock are convertible into common stock immediately upon issuance at a conversion ratio which is subject to adjustment. The current conversion ratio is equal to 1.3634 shares of common stock for each share of Preferred Stock held.; The shares of Preferred Stock will be redeemed by the Issuer if not converted prior to January 21, 2027.