4//SEC Filing
LOLA BROWN TRUST 1B 4
Accession 0001800607-20-000001
CIK 0000102426other
Filed
Jan 20, 7:00 PM ET
Accepted
Jan 21, 12:39 PM ET
Size
7.0 KB
Accession
0001800607-20-000001
Insider Transaction Report
Form 4
LOLA BROWN TRUST 1B
10% Owner
Transactions
- Sale
COMMON STOCK
2020-01-16$11.87/sh−5,678,000$67,397,860→ 11,053,365 total
Footnotes (3)
- [F1]On January 16, 2020, the Reporting Person (also referred to herein as the Trust) transferred 5,678,000 shares (the Shares) of Boulder Growth & Income Fund, Inc. (the Company) to an affiliated trust, the LBT 2019 Trust (2019 Trust). The Reporing Person distributed the Shares to the 2019 Trust in accordance with its governing trust instrument onbehalf of its beneficiaries, Stewart R. Horejsi, Susan L. Ciciora, John S. Horejsi, John S. Ciciora, Jack S. Ciciora, Amanda N. Ciciora, Courtney M. Ciciora, (the Beneficiaries). Under the terms of the 2019 Trust, each Beneficiary has the right to appoint their respectively allocated Shares in their discretion. It is anticipated, however, that the Beneficiares will appoint their allocated Shares to existing or new trusts with respect to which each is or will be the grantor.
- [F2]The trustee of the Trust and the 2019 Trust is Peak Trust Company-AK, which may be deemed to control the Trust and 2019 Trust. As a result of his being a discretionary beneficiary of the Trust and a beneficiary of the 2019 Trust and his advisory role with the Trust and the 2019 Trust, Stewart R. Horejsi may be deemed to have indirect beneficial ownership of the Shares directly beneficially owned by the trusts. However, Mr. Horejsi disclaims such beneficial ownership of the shares directly beneficially held by the Trust and 2019 Trust.
- [F3]The Trust, the 2019 Trust and trusts, persons and entities affiliated with the Trust and 2019 Trust, including Ernest Horejsi Trust No. 1B, Mildred B. Horejsi Trust, Stewart R. Horejsi Trust No. 2, Stewart West Indies Trust, Susan L. Ciciora Trust and Susan L. Ciciora own an aggregate of 45,384,254 shares of the Company.
Documents
Issuer
BOULDER GROWTH & INCOME FUND
CIK 0000102426
Entity typeother
IncorporatedAK
Related Parties
1- filerCIK 0001247992
Filing Metadata
- Form type
- 4
- Filed
- Jan 20, 7:00 PM ET
- Accepted
- Jan 21, 12:39 PM ET
- Size
- 7.0 KB