Mario J. Gabelli - Dec 26, 2023 Form 4 Insider Report for GABELLI GLOBAL UTILITY & INCOME TRUST (GLU.B)

Role
Control Person of Adviser, 10%+ Owner
Signature
Douglas R. Jamieson as Attorney-in-Fact for Mario J. Gabelli
Stock symbol
GLU.B
Transactions as of
Dec 26, 2023
Transactions value $
-$2,994,300
Form type
4
Date filed
12/27/2023, 01:49 PM
Previous filing
Dec 13, 2023
Next filing
Jan 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GLU.B Series B Cumulative Puttable and Callable Preferred Shares Other -$2.99M -59.9K -100% $50.00 0 Dec 26, 2023 GAMCO Investors, Inc. F1, F2
holding GLU.B Series B Cumulative Puttable and Callable Preferred Shares 76K Dec 26, 2023 Associated Capital Group, Inc. F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were surrendered in accordance with Right to Put to the Fund up to 100% of Outstanding Series B Cumulative Puttable and Callable Preferred Shares.
F2 The shares reported reflect the total shares owned by GAMCO Investors, Inc. (GAMCO). Mario J. Gabelli is the Chairman, Chief Executive Officer, controlling shareholder of GAMCO and Chief Investment Officer of Value Portfolios of Gabelli Funds, LLC (the Adviser). 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.
F3 The shares reported reflect the total shares owned by Associated Capital Group, Inc. (ACG). Mario J. Gabelli is the Executive Chair 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.