SEC Form 4 · accession 0001099343-15-000017
BOULDER GROWTH & INCOME FUND · BIF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Steven K Norgaard
Director
Period of report
Mar 20, 2015
Accepted (ET)
Mar 24, 2015 · 9:47 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000102426
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Mar 20, 2015 | P$0 | 1,560 | — | A | 2,560 | D | |
| Common StockF3 | Mar 20, 2015 | P$0 | 1,219 | — | A | 3,779 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Received in exchange for 500 shares of Boulder Total Return Fund, Inc. (BTF) common stock, 500 shares of The Denali Fund Inc. (DNY) common stock pursuant to an Agreement and Plan of Reorganization between the Issuer, DNY and affiliated funds (the "Merger").
- F2On March 20, 2015, the effective date of the Merger, Shares of BTF were exchanged for shares of Issuer at a conversion rate of 3.121182 Shares of Issuer's common stock (net asset value $10.73 per share) for each share of BTF's common stock (net asset value $33.50 per share).
- F3On March 20, 2015, the effective date of the Merger, Shares of DNY were exchanged for shares of Issuer at a conversion rate of 2.439214 Shares of Issuer's common stock (net asset value $10.73 per share) for each share of DNY's common stock (net asset value $26.18 per share).