Mario J. Gabelli - 21 Jul 2021 Form 4 Insider Report for GABELLI EQUITY TRUST INC (GAB)

Role
Director, Control Person of Adviser
Signature
Douglas R. Jamieson as Attorney-in-Fact for Mario J. Gabelli
Issuer symbol
GAB
Transactions as of
21 Jul 2021
Net transactions value
+$1,242,642
Form type
4
Filing time
22 Jul 2021, 13:52:14 UTC
Previous filing
09 Jun 2021
Next filing
10 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GAB Common Stock, Par Value $0.001 Other $780,984 +141,997 +10% $5.50 1,561,972 21 Jul 2021 Direct F1
transaction GAB Common Stock, Par Value $0.001 Other $423,340 +76,971 +10% $5.50 846,676 21 Jul 2021 GGCP, Inc. F1, F2
transaction GAB Common Stock, Par Value $0.001 Other $38,318 +6,967 +10% $5.50 76,642 21 Jul 2021 MJG IV Limited Partnership F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.
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.