SEC Form 5 · accession 0000040417-17-000003
GENERAL AMERICAN INVESTORS CO INC · GAM
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
Jeffrey W Priest
Officer — President & CEO
Period of report
Dec 31, 2016
Accepted (ET)
Feb 2, 2017 · 3:37 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000040417
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 30, 2016 | J | 6,054 | $31.375 | A | 68,639 | D | |
| Common StockF2,F3 | Dec 30, 2016 | J | 1,092 | $31.375 | A | 12,222 | I | By Nonprofit Trust |
| Common StockF4,F5 | Dec 30, 2016 | J | 3,248 | — | A | 14,147 | I | By Thrift Plan Trust |
| Common StockF3 | holding | — | — | — | 18,883 | I | By Parent | |
| Common StockF3 | holding | — | — | — | 48,905 | I | By Power of Attorney | |
| 5.95% Preferred StockF3 | holding | — | — | — | 11,300 | I | By Nonprofit Trust | |
| 5.95% Preferred StockF3 | holding | — | — | — | 2,739 | I | By Parent | |
| 5.95% Preferred StockF3 | holding | — | — | — | 16,121 | I | By Power of Attorney |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares received in payment of dividends.
- F2In the original Form 4 containing this line item filed on November 16, 2016, the amount of securities beneficially held was incorrectly reported as 8,170 shares. The correct number of shares that should have been reported was 11,130 shares. This also affected a Form 4 filed on December 14, 2016. The Form 4 filed on January 10, 2017 should have reflected 12,167 shares to include 1,092 reinvestment shares received on December 30, 2016.
- F3Mr. Priest has dispositive power but disclaims any beneficial interest in these shares.
- F4The securities reported herein were acquired on a periodic basis in open market transactions at the prevailing market price pursuant to the Issuer's Employees' Thrift Plan. The information is based upon a statement as of 12/31/2016 issued by the Plan Administrator.
- F5By Issuer's Employees' Thrift Plan Trust. The undersigned disclaims any beneficial interest in these shares.