Thomas J. Herzfeld - Sep 30, 2021 Form 4 Insider Report for HERZFELD CARIBBEAN BASIN FUND INC (CUBA)

Role
Director
Signature
/s/ Thomas J. Herzfeld
Stock symbol
CUBA
Transactions as of
Sep 30, 2021
Transactions value $
$110,303
Form type
4
Date filed
10/15/2021, 08:45 AM
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 $89K +15.7K +2.89% $5.68 559K Sep 30, 2021 Direct F1, F2
transaction CUBA Common stock Other $20.8K +3.67K +0.66% $5.68 562K Oct 1, 2021 Direct F1
transaction CUBA Common stock Other $443 +78 +0.01% $5.68 562K Oct 4, 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. T. Herzfeld received 19,427 shares of common stock of the Fund in the September 2021 Distribution.
F2 Includes 8,582 shares issued in two transactions as part of the dividend reinvestment plan on March 31, 2021 and June 30, 2021.