SEC Form 4 · accession 0001144204-19-001375
SPECIAL OPPORTUNITIES FUND, INC. · SPE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Phillip Goldstein
Officer — Chairman and Secretary · Director
Period of report
Jan 8, 2019
Accepted (ET)
Jan 10, 2019 · 5:30 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000897802
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 97,091 | D | ||
| Common StockF1 | holding | — | — | — | 3,456 | I | Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 3.50% Convertible Preferred Stock Series BF2,F3 | $0.00 | Jan 8, 2019 | P | 3,000 | A | — | — | Common Stock | 3,947 | 24,999 | D |
| 3.50% Convertible Preferred Stock, Series BF1,F2,F3 | $0.00 | holding | — | — | — | — | — | Common Stock | 1,108 | 842 | I |
Explanation of responses
- F1The Reporting Person disclaims beneficial ownership of the securities owned by his spouse and this report should not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purposes.
- F2The shares of Preferred Stock are convertible into common stock immediately upon issuance at a conversion rate equivalent to a conversion price of $19.00 per share of common stock (which is a ratio of 1.3158 shares of common stock for each share of Preferred Stock held), subject to adjustment.
- F3The shares of Preferred Stock will be redeemed by the Issuer if not converted prior to August 26, 2021.