Form 4 for FUND SPROTT FOCUS TRUST INC.
Accepted 2023-08-17 00:00:00 ET · period of report 2023-08-16 · accession 0000899243-23-018220 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2023-08-17 | 2023-08-16+ | FUND | GEORGE W WHITNEY | Dir, 10%, Senior Portfolio Manager | S - Sale | $7.97 | -22.5K | 329.9K | -6% | -$179.3K |
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 | 2023-08-16 | S | D | 895 | $8.02 | 329,860 | I Held by Trust | — | — | (F6) Represents the weighted average sales price of multiple transactions with a range of prices between $8.00 and $8.02 per share. Mr. George hereby undertakes to provide, upon request by the Securities and Exchange Commission staff, the issuer, or a stockholder of the issuer, full information regarding the number of shares sold at each separate price. (F4) Shares held by a trust established for the benefit of Mr. George's immediate family member (the "BM Trust"). Mr. George serves as trustee of the BM Trust and, in such capacity, has investment and voting discretion over shares held by the BM Trust. Mr. George may be deemed to beneficially own the shares held by the BM Trust. |
| 2 | Common | Common Stock | 2023-08-17 | S | D | 10,350 | $7.97 | 319,510 | I Held by Trust | — | — | (F7) Represents the weighted average sales price of multiple transactions with a range of prices between $7.96 and $8.02 per share. Mr. George hereby undertakes to provide, upon request by the Securities and Exchange Commission staff, the issuer, or a stockholder of the issuer, full information regarding the number of shares sold at each separate price. (F5) Shares held by a trust established for the benefit of Mr. George's immediate family member (the "TM Trust"). Mr. George serves as trustee of the TM Trust and, in such capacity, has investment and voting discretion over shares held by the TM Trust. Mr. George may be deemed to beneficially own the shares held by the TM Trust. |
| 3 | Common | Common Stock | 2023-08-17 | S | D | 10,350 | $7.97 | 319,510 | I Held by Trust | — | — | (F7) Represents the weighted average sales price of multiple transactions with a range of prices between $7.96 and $8.02 per share. Mr. George hereby undertakes to provide, upon request by the Securities and Exchange Commission staff, the issuer, or a stockholder of the issuer, full information regarding the number of shares sold at each separate price. (F4) Shares held by a trust established for the benefit of Mr. George's immediate family member (the "BM Trust"). Mr. George serves as trustee of the BM Trust and, in such capacity, has investment and voting discretion over shares held by the BM Trust. Mr. George may be deemed to beneficially own the shares held by the BM Trust. |
| 4 | Common | Common Stock | 2023-08-16 | S | D | 894 | $8.02 | 329,860 | I Held by Trust | — | — | (F6) Represents the weighted average sales price of multiple transactions with a range of prices between $8.00 and $8.02 per share. Mr. George hereby undertakes to provide, upon request by the Securities and Exchange Commission staff, the issuer, or a stockholder of the issuer, full information regarding the number of shares sold at each separate price. (F5) Shares held by a trust established for the benefit of Mr. George's immediate family member (the "TM Trust"). Mr. George serves as trustee of the TM Trust and, in such capacity, has investment and voting discretion over shares held by the TM Trust. Mr. George may be deemed to beneficially own the shares held by the TM Trust. |