Thomas J. Herzfeld - Dec 31, 2021 Form 4/A - Amendment Insider Report for HERZFELD CARIBBEAN BASIN FUND INC (CUBA)

Role: Director
Signature: /s/ Thomas J. Herzfeld
Stock symbol: CUBA
Transactions as of: Dec 31, 2021
Transactions value $: $115,620
Form type: 4/A - Amendment
Date filed: 1/24/2022, 03:56 PM
Date Of Original Report: Jan 4, 2022
Previous filing: Nov 17, 2021
Next filing: Apr 4, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CUBA	Common stock	Other	$116K	+21.9K	+4.28%	$5.28	534K	Dec 31, 2021	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	On December 31, 2021, the Fund paid a quarterly distribution of $0.26475 per share to shareholders of record on November 19, 2021 in cash and shares of common stock (the "December 2021 Distribution"). The December 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 December 2021 Distribution (approx. 80%) was paid in the form of shares of the Fund's common stock. The exact distribution of cash and stock to any given stockholder was dependent upon their election as well as elections of other stockholders, subject to the pro-rata limitation. The price per share used to calculate the number of shares to be issued in lieu of cash was $5.28164. Mr. T. Herzfeld received 18,753 shares of common stock of the Fund in connection with the December 2021 Distribution.
F2	Corrected information received from Transfer Agent.

Content

On December 31, 2021, the Fund paid a quarterly distribution of $0.26475 per share to shareholders of record on November 19, 2021 in cash and shares of common stock (the "December 2021 Distribution"). The December 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 December 2021 Distribution (approx. 80%) was paid in the form of shares of the Fund's common stock. The exact distribution of cash and stock to any given stockholder was dependent upon their election as well as elections of other stockholders, subject to the pro-rata limitation. The price per share used to calculate the number of shares to be issued in lieu of cash was $5.28164. Mr. T. Herzfeld received 18,753 shares of common stock of the Fund in connection with the December 2021 Distribution.

Corrected information received from Transfer Agent.