Ralph W. Bradshaw - 25 May 2021 Form 4 Insider Report for CORNERSTONE TOTAL RETURN FUND INC (CRF)

Role: President, Director
Signature: /s/ Ralph Bradshaw
Issuer symbol: CRF
Transactions as of: 25 May 2021
Net transactions value: +$20,746
Form type: 4
Filing time: 26 May 2021, 15:09:36 UTC
Next filing: 29 Jun 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CRF	Common Stock	Options Exercise	$20,746	+2,028	+43%	$10.23	6,738	25 May 2021	Direct	F1, F2
holding	CRF	Common Stock						21,375	25 May 2021	By IRA	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 April 16, 2021 in connection with a rights offering by the Issuer at the rate of one right for each share of common stock owned. Every three rights received by the holder entitled such 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	The total shares in column (5) includes 12,922 shares acquired through the Issuer's dividend reinvestment plan.

Content

Non-transferable rights were issued to stockholders of record as of April 16, 2021 in connection with a rights offering by the Issuer at the rate of one right for each share of common stock owned. Every three rights received by the holder entitled such 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.

The total shares in column (5) includes 12,922 shares acquired through the Issuer's dividend reinvestment plan.