SEC Form 4 · accession 0001140361-17-042058

KKR Income Opportunities Fund · KIO

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Nov 9, 2017

Accepted (ET)

Nov 13, 2017 · 1:41 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001515940

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1,F2	Nov 9, 2017	X	1,167	—	A	4,667	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Transferable Subscription Right (right to buy)^F1,F2	—	Nov 9, 2017	X	3,501	D	Oct 19, 2017	Nov 17, 2017	Common Stock	1,167	0	D

F1On October 11, 2017, KKR Income Opportunities Fund (the "Fund") announced the commencement of a pro rata offering (the "Rights Offering") of transferable rights (the "Rights") to holders of the Fund's common shares, as of the record date of October 19, 2017 ("Record Date Shareholder"), entitling the holders of such rights to subscribe for up to an aggregate of 5,085,079 of the Fund's common shares. Record Date Shareholders received one Right for each outstanding whole common share held on the record date. The Rights entitle their holders to purchase one new common share for every three Rights held. The subscription price per common share is an estimated $16.26 (the "basic subscription privilege"). The Rights Offering also includes an oversubscription privilege, which will entitle holders who fully exercise their basic subscription privilege the right to purchase, at an estimated price of $16.26 per common share, additional common shares of the Fund, (continued in footnote 2)
F2subject to availability and pro rata allocation of shares among Record Date Shareholders exercising such oversubscription privilege. The reporting person exercised his basic subscription privilege and oversubscription privilege, and expects to participate in the Fund's allocation of available shares at the close of the subscription period. The subscription rights will expire if they are not exercised by 5:00 p.m. Eastern time on November 17, 2017 (unless otherwise extended).