Andrew Dakos - Nov 1, 2021 Form 4/A - Amendment Insider Report for HIGH INCOME SECURITIES FUND (PCF)

Role
President, Director
Signature
/s/ Stephanie Darling, Power of Attorney for Andrew Dakos
Stock symbol
PCF
Transactions as of
Nov 1, 2021
Transactions value $
$278,396
Form type
4/A - Amendment
Date filed
6/9/2022, 02:05 PM
Date Of Original Report
Nov 3, 2021
Previous filing
Sep 17, 2021
Next filing
Jan 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PCF Common Stock Options Exercise $278K +33.3K +1908.37% $8.36 35K Nov 1, 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Non-transferable rights were issued to stockholders of record as of September 22, 2021 in connection with a rights offering by the Issuer at the rate of one right for each share of common stock owned. Each right entitled its holder to purchase one share of common stock and fully-subscribed holders were entitled to oversubscribe for additional shares if available. Purchases made pursuant to the rights offering are reflected in this filing.
F2 This Form 4/A is being filed to amend and correct Form 4 filed on behalf of the reporting person on November 3, 2021. Due to administrative error, the earlier form incorrectly reported the number of shares of common stock purchased in the rights offering. Column 4 (Amount of Securities Acquired) and Column 5 (Amount of Securities Beneficially Owned Following the Reported Transaction(s)) of Table I are corrected in this Form 4/A