BOULDER TOTAL RETURN FUND INC 4
4 · BOULDER TOTAL RETURN FUND INC · Filed Mar 24, 2015
Insider Transaction Report
Form 4
MILLER STEPHEN C
President
Transactions
- Sale
Common Stock
2015-03-20−2,797→ 0 total(indirect: By LLC) - Sale
Common Stock
2015-03-20−1,200→ 0 total
Footnotes (2)
- [F1]Disposed of on March 20, 2015 pursuant to an Agreement and Plan of Reorganization between the Issuer and Boulder Growth & Income Fund, Inc. (BIF) and two affiliated funds in exchange for BIF common stock at a conversion rate of 3.121182 shares of BIF common stock (net asset value $10.73 per share) for each share of Issuers common stock (net asset value $33.50 per share).
- [F2]In addition to the 1,200 Shares of the Issuer Mr. Miller owns directly, Mr. Miller also owns 2,797 Shares indirectly as a member of Erma Miller, LLC. The members of Erma Miller, LLC ("EMLLC") are Erma Miller, Stephen C. Miller, William Miller, Susan Roof, and Cynthia Ziegler. Such members may be deemed to control EMLLC and may be deemed to possess indirect beneficial ownership of the Shares held by EMLLC. Stephen C. Miller and Erma Miller, acting alone, can vote or exercise dispositive authority over Shares held by EMLLC.