SEC Form 4 · accession 0001567619-18-004520
NUVEEN NORTH CAROLINA QUALITY MUNICIPAL INCOME FUND · NNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Oct 23, 2018
Accepted (ET)
Oct 25, 2018 · 11:42 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000899761
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Variable Rate MuniFund Term Preferred SharesF1,F2,F3 | Oct 23, 2018 | J | 105 | — | D | 1,435 | I | By Subsidiary |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The 105 preferred shares reported as disposed of in Table I represent variable rate munifund term preferred shares (the "VMTP Shares") that were beneficially owned by Banc of America Preferred Funding Corporation ("PFC"). The VMTP Shares were disposed of as a result of a redemption by the Issuer for a redemption price of $100,150.274 per share (which includes a liquidation preference of $100,000.00 per share and accrued dividends of 150.274 per share). PFC is a wholly owned subsidiary of Bank of America Corporation.
- F2This statement is jointly filed by Bank of America Corporation and PFC. Bank of America Corporation held an indirect interest in the securities listed in Table I by virtue of its indirect ownership of its subsidiary PFC.
- F3Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) of the US Securities Exchange Act of 1934 or any other purpose, (i) acting (or has agreed or is agreeing to act together with any other person) as a partnership, limited partnership, syndicate or other group for the purpose of acquiring, holding or disposing of securities of the Issuer or otherwise with respect to the Issuer or any securities of the Issuer or (ii) a member of any group with respect to the Issuer or any securities of the Issuer.