SEC Form 4 · accession 0000899243-18-026290

SPROTT FOCUS TRUST INC. · FUND

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

Reporting owner

W Whitney George

Director · 10% Owner · Other

Period of report

Oct 3, 2018

Accepted (ET)

Oct 5, 2018 · 3:21 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000825202

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1	Oct 3, 2018	P	12,437	$7.37	A	274,477	I	Held by Trust
Common Stock^F2	Oct 3, 2018	P	12,437	$7.37	A	422,317	I	Held by Trust
Common Stock^F1	Oct 4, 2018	P	37,563	$7.33	A	312,040	I	Held by Trust
Common Stock^F2	Oct 4, 2018	P	37,563	$7.33	A	459,880	I	Held by Trust
Common Stock	holding	—	—		—	4,861,518	D
Common Stock	holding	—	—		—	1,431,698	I	Held by Spouse
Common Stock	holding	—	—		—	113,705	I	Held by Son
Common Stock^F3	holding	—	—		—	1,440,075	I	Held by Foundation

Table II — derivative securities

No Table II lines on this filing.

Explanation of responses

F1Shares held by The Mallory Descendant's Trust U/T/A DTD 12/31/2013 (the "Descendant's Trust"). Mr. George serves as trustee of the Descendant's Trust and, in such capacity, has investment and voting discretion over shares held by the Descendant's Trust. As a beneficiary of the Descendant's Trust, Mr. George's spouse has a pecuniary interest in the Descendant's Trust. Mr. George may be deemed to beneficially own the shares held by the Descendant's Trust.
F2Shares held by a trust established for the benefit of Mr. George's children. As beneficiaries of the trust, Mr. George's children have a pecuniary interest in the trust. Mr. George may be deemed to beneficially own the shares held by the trust.
F3Shares held by The Meredith and Whitney George Family Foundation (the "Foundation"). Mr. George serves as Chairman of the Foundation and, in such capacity, has investment and voting discretion over shares held by the Foundation.

Remarks

Mr. George disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that Mr. George is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.