SEC Form 5 · accession 0001398344-15-000371
SPECIAL OPPORTUNITIES FUND, INC. · SPE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven Samuels
Other
Period of report
Dec 31, 2014
Accepted (ET)
Jan 27, 2015 · 4:16 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 | Feb 19, 2014 | C | 1,515 | $0.00 | A | 3,079 | D | |
| Common StockF1 | Dec 12, 2014 | S | 2,463 | $16.6558 | D | 3,079 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 3% Convertible Preferred Stock, Series AF2,F3 | $0.00 | Feb 19, 2014 | C | 408 | D | — | — | Common Stock | 1,515 | 0 | D |
Explanation of responses
- F1Weighted average price per share; 200 shares were sold at $16.705/share, 662 shares were sold at $16.65/share and 1601 shares were sold at $16.652/share.
- F2The shares of Preferred Stock are converitble into common immediately upon issuance at the ratio of 3.1918 shares of Common Stock for every one share of Preferred Stock, subject to adjustment.
- F3The shares of Preferred Stock will be redeemed by the Issuer if not converted prior to July 24, 2017.