Mario J. Gabelli - 17 Dec 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
17 Dec 2021
Net transactions value
+$6,000,000
Form type
4
Filing time
21 Dec 2021, 19:21:41 UTC
Previous filing
16 Nov 2021
Next filing
12 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GAB Series M Cumulative Preferred Stock Purchase $4,000,000 +40,000 $100.00 40,000 17 Dec 2021 GAMCO Investors, Inc. F1
transaction GAB Series M Cumulative Preferred Stock Purchase $2,000,000 +20,000 $100.00 20,000 17 Dec 2021 Associated Capital Group, Inc. F2
holding GAB Series G Cumulative Preferred Stock 29,000 17 Dec 2021 Associated Capital Group, Inc. F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares reported reflect the total shares owned by GAMCO Investors, Inc. (GAMCO). Mario J. Gabelli is the Chairman, Chief Executive Officer, and controlling shareholder of GAMCO. Mr. Gabelli has less than a 100% interest in GAMCO and disclaims beneficial ownership of the shares held by it which are in excess of his indirect pecuniary interest.
F2 The shares reported reflect the total shares owned by Associated Capital Group, Inc. (ACG). Mario J. Gabelli is the Executive Chairman and controlling shareholder of ACG. Mr. Gabelli has less than a 100% interest in ACG and disclaims beneficial ownership of the shares held by it which are in excess of his indirect pecuniary interest.