Matthew Morris - Jun 27, 2022 Form 4 Insider Report for CORNERSTONE TOTAL RETURN FUND INC (CRF)

Role: Director
Signature: /s/ Matthew Morris
Stock symbol: CRF
Transactions as of: Jun 27, 2022
Transactions value $: $120,681
Form type: 4
Date filed: 6/30/2022, 12:47 PM
Previous filing: May 27, 2022
Next filing: May 18, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CRF	Common Stock	Options Exercise	$121K	+15.2K	+31.93%	$7.95	62.7K	Jun 27, 2022	Direct	F1

* 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 18, 2022 in connection with a rights offering by the Issuer at the rate of one right for each share of common stock owned. Record date stockholders were entitled to purchase one newly issued share of common stock of the Issuer for every three rights held. Fully subscribed stockholders were also entitled to oversubscribe for additional shares if available. Purchases made pursuant to the rights offering are reflected in this filing.

Content

Non-transferable rights were issued to stockholders of record as of April 18, 2022 in connection with a rights offering by the Issuer at the rate of one right for each share of common stock owned. Record date stockholders were entitled to purchase one newly issued share of common stock of the Issuer for every three rights held. Fully subscribed stockholders were also entitled to oversubscribe for additional shares if available. Purchases made pursuant to the rights offering are reflected in this filing.