W. Whitney George - 13 Dec 2023 Form 4 Insider Report for SPROTT FOCUS TRUST INC. (FUND)

Role
Director, Senior Portfolio Manager, 10%+ Owner
Signature
/s/ W. Whitney George
Issuer symbol
FUND
Transactions as of
13 Dec 2023
Net transactions value
$0
Form type
4
Filing time
03 Jan 2024, 20:19:13 UTC
Previous filing
17 Aug 2023
Next filing
05 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FUND Common Stock Gift $0 -4,500 -0.16% $0.000000 2,836,858 13 Dec 2023 Held by Spouse
holding FUND Common Stock 329,998 13 Dec 2023 Held by Trust F4
holding FUND Common Stock 329,998 13 Dec 2023 Held by Trust F5
holding FUND Common Stock 7,535,467 13 Dec 2023 Direct
holding FUND Common Stock 2,836,858 13 Dec 2023 Held by Spouse
holding FUND Common Stock 202,869 13 Dec 2023 Held by Son
holding FUND Common Stock 1,223,638 13 Dec 2023 Held by Trust F1
holding FUND Common Stock 2,222,851 13 Dec 2023 Held by Foundation F2
holding FUND Common Stock 98,166 13 Dec 2023 Held by Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held by a trust established for the benefit of Mr. George's children. As beneficiaries of the trust, Mr. George's children have a pecuniary interest in the trust. Mr. George may be deemed to beneficially own the shares held by the trust.
F2 Shares held by The Meredith and Whitney George Family Foundation (the "Foundation"). Mr. George serves as Chairman of the Foundation and, in such capacity, has investment and voting discretion over shares held by the Foundation.
F3 Shares held by a trust established for the benefit of Mr. George's spouse. Mr. George serves as trustee of the trust and, in such capacity, has investment and voting discretion over shares held by the trust. As beneficiary of the trust, Mr. George's spouse has a pecuniary interest in the trust. Mr. George may be deemed to beneficially own the shares held by the trust.
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.
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.

Remarks:

Mr. George disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that Mr. George is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.