Andrew Dakos - 01 Nov 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
Issuer symbol: PCF
Transactions as of: 01 Nov 2021
Net transactions value: +$278,396
Form type: 4/A - Amendment
Filing time: 09 Jun 2022, 14:05:49 UTC
Date Of Original Report: 03 Nov 2021
Previous filing: 17 Sep 2021
Next filing: 28 Jan 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PCF	Common Stock	Options Exercise	$278,396	+33,301	+1908%	$8.36	35,046	01 Nov 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

Content

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.

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