4//SEC Filing
LOLA BROWN TRUST 1B 4
Accession 0001247992-19-000001
CIK 0000102426other
Filed
Apr 10, 8:00 PM ET
Accepted
Apr 11, 4:46 PM ET
Size
8.1 KB
Accession
0001247992-19-000001
Insider Transaction Report
Form 4
LOLA BROWN TRUST 1B
10% Owner
Transactions
- Purchase
COMMON STOCK
2019-04-10$10.96/sh+2,319,048$25,416,766→ 16,731,365 total
Footnotes (3)
- [F1]On April 10, 2019, the Reporting Person acquired 2,319,048 shares (the "Shares") of Boulder Growth & Income Fund, Inc. from an affiliated trust, Ernest Horejsi Trust No. 1B ("EHT"). The Shares were valued at $10.96 per share based on the closing price reported for such shares by the New York Stock Exchange on April 9, 2019. The Reporting Person acquired the Shares in lieu of cash repayment with respect to an intra-trust loan between the Reporting Person as lender and EHT as borrower in the amount of $25,416,766.
- [F2]The trustees of the Reporting Person (also referred to herein as the "Trust") are Peak Trust Company-AK ("PTC"), Susan L. Ciciora and Laura Tatooles. Such trustees may be deemed to control the Trust and may be deemed to possess indirect beneficial ownership of the shares held by the Trust. However, none of the trustees, acting alone, can vote or exercise dispositive authority over shares held by the Trust. Accordingly, PTC, Ms. Ciciora and Ms. Tatooles disclaim beneficial ownership of the shares beneficially owned, directly or indirectly, by the Trust. In addition to serving as a trustee, Ms. Ciciora is also a beneficiary of the Trust. As a result of his advisory role with the Trust, Stewart R. Horejsi may be deemed to have indirect beneficial ownership of the shares directly beneficially owned by the Trust. However, Mr. Horejsi disclaims such beneficial ownership of the shares directly beneficially held by the Trust.
- [F3]The Trust and trusts, persons and entities affiliated with the Trust, including Ernest Horejsi Trust No. 1B, Mildred B. Horejsi Trust, Stewart West Indies Trust, Stewart R. Horejsi Trust No. 2, Susan L. Ciciora Trust and Susan L. Ciciora own an aggregate of 45,384,254 shares of BIF.
Documents
Issuer
BOULDER GROWTH & INCOME FUND
CIK 0000102426
Entity typeother
IncorporatedAK
Related Parties
1- filerCIK 0001247992
Filing Metadata
- Form type
- 4
- Filed
- Apr 10, 8:00 PM ET
- Accepted
- Apr 11, 4:46 PM ET
- Size
- 8.1 KB