Form 4 for GAB GABELLI EQUITY TRUST INC
Accepted 2021-07-22 00:00:00 ET · period of report 2021-07-21 · accession 0001271163-21-000061 · 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 | 2021-07-22 | 2021-07-21 | GAB | GABELLI MARIO J | Dir, Control Person of Adviser | J - Other | $5.50 | +83.9K | 76.6K | New | +$461.7K |
| 2021-07-22 | 2021-07-21 | GAB | GABELLI MARIO J | Dir, Control Person of Adviser | J - Other | $5.50 | +142.0K | 1.56M | +10% | +$781.0K |
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, Par Value $0.001 | 2021-07-21 | J | A | 76,971 | $5.50 | 846,676 | I MJG IV Limited Partnership | — | — | (F1) The reporting person acquired these common shares through the exercise of common share purchase rights. (F3) The shares reported reflect the total shares owned by MJG IV Limited Partnership, a limited partnership for which Mr. Gabelli serves as a general partner. Mr. Gabelli has less than a 100% interest in the entity and disclaims beneficial ownership of the shares owned by this entity which are in excess of his indirect pecuniary interest. |
| 2 | Common | Common Stock, Par Value $0.001 | 2021-07-21 | J | A | 141,997 | $5.50 | 1,561,972.27 | D GGCP, Inc. | — | — | (F1) The reporting person acquired these common shares through the exercise of common share purchase rights. (F2) The shares reported reflect the total shares owned by GGCP, Inc. (GGCP). Mario J. Gabelli is the Chief Executive Officer, a director, and the controlling shareholder of GGCP. Mr. Gabelli has less than a 100% interest in GGCP and disclaims beneficial ownership of the shares held by it which are in excess of his indirect pecuniary interest. |
| 3 | Common | Common Stock, Par Value $0.001 | 2021-07-21 | J | A | 6,967 | $5.50 | 76,642 | I | — | — | (F1) The reporting person acquired these common shares through the exercise of common share purchase rights. |