Ryan Paylor - Sep 30, 2021 Form 4 Insider Report for HERZFELD CARIBBEAN BASIN FUND INC (CUBA)

Role: Portfolio Manager
Signature: /s/ Ryan M. Paylor
Stock symbol: CUBA
Transactions as of: Sep 30, 2021
Transactions value $: $1,028
Form type: 4
Date filed: 10/15/2021, 08:38 AM
Previous filing: Jul 12, 2021
Next filing: Nov 17, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CUBA	Common stock	Other	$1.03K	+181	+4.66%	$5.68	4.06K	Sep 30, 2021	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On September 30, 2021, the Fund paid a quarterly distribution of $0.26475 per share to shareholders of record on August 30, 2021 (the "September 2021 Distribution"). The September 2021 Distribution was paid in cash or shares of the Fund's common stock at the election of stockholders with the total amount of cash distributed to all stockholders limited to 20% of the total distribution to be paid, excluding any cash paid for fractional shares. The remainder of the September 2021 Distribution (approximately 80%) was paid in the form of shares of the Fund's common stock. The price per share was $5.6778. Mr. R. Paylor received 181 shares of common stock of the Fund in the September 2021 Distribution.

Content

On September 30, 2021, the Fund paid a quarterly distribution of $0.26475 per share to shareholders of record on August 30, 2021 (the "September 2021 Distribution"). The September 2021 Distribution was paid in cash or shares of the Fund's common stock at the election of stockholders with the total amount of cash distributed to all stockholders limited to 20% of the total distribution to be paid, excluding any cash paid for fractional shares. The remainder of the September 2021 Distribution (approximately 80%) was paid in the form of shares of the Fund's common stock. The price per share was $5.6778. Mr. R. Paylor received 181 shares of common stock of the Fund in the September 2021 Distribution.