Matthew Morris - 27 Jun 2022 Form 4 Insider Report for CORNERSTONE STRATEGIC VALUE FUND INC (CLM)

Role
Director
Signature
/s/ Matthew Morris
Issuer symbol
CLM
Transactions as of
27 Jun 2022
Net transactions value
+$121,842
Form type
4
Filing time
30 Jun 2022, 12:50:24 UTC
Previous filing
27 May 2022
Next filing
18 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLM Common Stock Options Exercise $121,842 +14,733 +32% $8.27 60,883 27 Jun 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.