4//SEC Filing
CAHILL MICHAEL E 4
Accession 0000899243-23-005747
CIK 0001515940other
Filed
Feb 20, 7:00 PM ET
Accepted
Feb 21, 9:05 PM ET
Size
8.6 KB
Accession
0000899243-23-005747
Insider Transaction Report
Form 4
CAHILL MICHAEL E
Director
Transactions
- Exercise of In-Money
Common Stock
2023-02-16+1,833→ 7,333 total - Exercise of In-Money
Transferable Subscription Right (right to buy)
2023-02-16−5,500→ 0 totalFrom: 2023-01-23Exp: 2023-02-16→ Common Stock (1,833 underlying)
Footnotes (2)
- [F1]On January 12, 2023, KKR Income Opportunities Fund (the "Fund") announced the commencement of a pro rata offering (the "Rights Offering") of transferable rights (the "Rights") to holders of the Fund's common shares, as of the record date of January 23, 2023 ("Record Date Shareholder"), entitling the holders of such rights to subscribe for up to an aggregate of 6,780,105 of the Fund's common shares. Record Date Shareholders received one Right for each outstanding whole common share held on the record date. The Rights entitle their holders to purchase one new common share for every three Rights held. The subscription price per common share is $10.75 (the "basic subscription privilege"). The Rights Offering also includes an oversubscription privilege, which will entitle holders who fully exercise their basic subscription privilege the right to purchase at a price of $10.75 per common share, additional common shares of the Fund, (continued in footnote 2)
- [F2]subject to availability and pro rata allocation of shares among Record Date Shareholders exercising such oversubscription privilege. The reporting person exercised his basic subscription privilege and oversubscription privilege and expects to participate in the Fund's allocation of available shares at the close of the subscription period. The subscription rights expired if they were not exercised by 5:00 p.m. Eastern time on February 16, 2023.
Documents
Issuer
KKR Income Opportunities Fund
CIK 0001515940
Entity typeother
Related Parties
1- filerCIK 0001198603
Filing Metadata
- Form type
- 4
- Filed
- Feb 20, 7:00 PM ET
- Accepted
- Feb 21, 9:05 PM ET
- Size
- 8.6 KB