SEC Form 4 · accession 0001271163-18-000017
GDL FUND · GDL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mario J Gabelli
Director · 10% Owner · Other
Period of report
Mar 29, 2018
Accepted (ET)
Apr 3, 2018 · 5:13 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001378701
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Series C Cumulative Puttable and Callable Preferred Shares | Mar 29, 2018 | J | 38,939 | $50.00 | A | 38,939 | D | |
| Series C Cumulative Puttable and Callable Preferred SharesF2 | Mar 29, 2018 | J | 1,346 | $50.00 | A | 1,346 | I | Trust Accounts |
| Series C Cumulative Puttable and Callable Preferred SharesF4 | Mar 29, 2018 | J | 225,000 | $50.00 | A | 225,000 | I | E3M 2016, LLC |
| Series C Cumulative Puttable and Callable Preferred SharesF5 | Mar 29, 2018 | J | 268 | $50.00 | A | 268 | I | GPJ Retirement Partners |
| Series C Cumulative Puttable and Callable Preferred SharesF6 | Mar 29, 2018 | J | 536 | $50.00 | A | 536 | I | Investment Partnerships |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person acquired these Series C preferred shares through a primary and pro-rata oversubscription allocation based on the exercise of preferred share purchase rights.
- F2The shares reported reflect the total shares owned by trust accounts for which Mario J. Gabelli serves as trustee.
- F3The reporting person acquired these Series C preferred shares through a primary allocation based on the exercise of preferred share purchase rights
- F4E3M 2016 is a limited liability company owned entirely by Mr. Gabelli.
- F5The shares reported reflect the total shares owned by GPJ Retirement Partners, LLC, a limited liability company. Mr. Gabelli has less than a 100% interest in the entity and disclaims beneficial ownership of the shares held by this entity which are in excess of his indirect pecuniary interest.
- F6Shares are owned by MJG Associates and Gabelli Fund, LDC. MJG Associates provides advisory services to private investment partnerships and offshore funds. Mario Gabelli is the sole shareholder, director and employee of MJG Associates. MJG Associates is the investment adviser of Gabelli Fund, LDC.