Form 4 for GUT GABELLI UTILITY TRUST
Accepted 2023-10-26 00:00:00 ET · period of report 2023-10-11 · accession 0000070858-23-000265 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| I | 2023-10-26 | 2023-10-11 | GUT | BANK OF AMERICA NA | Former 10% Owner | J - Other | $22,803.00 | -888 | 0 | -100% | -$20.25M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Series B Auction-Rate Preferred Shares | 2023-10-11 | J | D | 888 | $22,803.00 | 0 | I By Subsidiary | — | — | (F1) CUSIP 36240A309 (F3) In exchange for the tendered shares, Bank of America received Notes of CUSIP 36240AAA9, with a principal amount equal to 91.212% of the total amount of liquidation preference of tendered shares. The liquidation preference of the tendered shares is $25,000 per share. (F4) The Auction Rate Preferred Stocks reported in Table I represent shares beneficially owned by Bank of America N.A. ("BANA"). BANA is a wholly owned subsidiary of Bank of America Corporation. |