Mario J. Gabelli - Jul 21, 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
Stock symbol
GAB
Transactions as of
Jul 21, 2021
Transactions value $
$1,242,643
Form type
4
Date filed
7/22/2021, 01:52 PM
Previous filing
Jun 9, 2021
Next filing
Aug 10, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GAB Common Stock, Par Value $0.001 Other $781K +142K +10% $5.50 1.56M Jul 21, 2021 Direct F1
transaction GAB Common Stock, Par Value $0.001 Other $423K +77K +10% $5.50 847K Jul 21, 2021 GGCP, Inc. F1, F2
transaction GAB Common Stock, Par Value $0.001 Other $38.3K +6.97K +10% $5.50 76.6K Jul 21, 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.