SEC Form 4 · accession 0000009521-15-000001
BANCROFT FUND LTD · BCV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jane D O'Keeffe
Officer — President · Director · Other
Period of report
Mar 25, 2015
Accepted (ET)
Mar 25, 2015 · 1:11 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000009521
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Shares of Beneficial InterestF2 | Mar 25, 2015 | J | 4,739 | $0.00 | D | 8,600 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This report is filed to report the disposition of 4,739.16 shares to the reporting person's daughter. The shares were previously held in a New Jersey Uniform Transfer to Minors Act (UTMA) trust for the benefit of the reporting person's daughter, who is now considered to be the sole beneficiary of the shares.
- F2In addition, the reporting person is the (1) direct beneficial owner of 8,600.43 shares, which shares include 122.43 shares acquired on various dates in fiscal years 2014 and 2015 under the BCV dividend reinvestment plan, and (2) the indirect owner of 4,677.49 shares held by an UTMA trust for her son's benefit.