Form 4 for NHS Neuberger High Yield Strategies Fund Inc.
Accepted 2023-06-23 00:00:00 ET · period of report 2023-06-21 · accession 0000898432-23-000406 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-06-23 | 2023-06-21 | NHS | MORRISS GEORGE W | Dir | X - OptEx | $7.42 | +3,422 | 13.7K | +33% | +$25.4K |
| D | 2023-06-23 | 2023-06-21 | NHS | MORRISS GEORGE W | Dir | X - OptEx | — | -10.3K | 0 | -100% | — |
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 | Common Stock | 2023-06-21 | X | A | 3,422 | $7.42 | 13,689 | D | — | — | (F1) Includes shares acquired over time under a distribution reinvestment plan. |
| 2 | Derivative | Transferable Subscription Rights (rights to buy) | 2023-06-21 | X | D | 10,267 | — | 0 | D | — · 2023-05-23 to 2023-06-21 | 3,422 Common Stock | (F2) Neuberger Berman High Yield Strategies Fund Inc. (the "Fund") issued transferable subscription rights ("Rights") to its common stockholders of record as of the close of business on May 23, 2023 (the "Record Date") entitling the holders of these Rights to purchase additional shares of common stock of the Fund (the "Common Stock"). The holders of Common Stock of record on the Record Date ("Record Date Stockholders") were entitled to subscribe for additional shares of Common Stock at a discount to the market price of the Common Stock. The Fund distributed to Record Date Stockholders one Right for each share of Common Stock held on the Record Date. The Rights entitle their holders to purchase one new share of Common Stock for every three Rights held (1 for 3). (F3) Fractional shares of Common Stock were not issued. The subscription period commenced on the Record Date and expired on June 21, 2023. (F4) The final subscription price of $7.42 per share of Common Stock was determined based upon the terms of the offer. The Common Stock subscribed for will be issued after receipt of all stockholder payments. |