Key facts
- This page summarizes Bradley Tank's Form 4 filing for Neuberger Berman High Yield Strategies Fund Inc. (NHS).
- 6 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 23 Jun 2023, 21:20.
Bradley Tank - 21 Jun 2023 Form 4 Insider Report for Neuberger Berman High Yield Strategies Fund Inc. (NHS)
- Reporting relationship
- CIO of Adviser of Issuer
- Issuer ticker
- NHS
- Reported as of
- 21 Jun 2023
- Net transaction value
- +$443,894
- SEC form
- 4
- Accepted by SEC
- 23 Jun 2023, 21:20:17 UTC
- Prior SEC filing
- 19 May 2022
- Next SEC filing
- 05 Jul 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Bradley Tank by his Attorney-in-Fact, Jennifer R. Gonzalez
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Filing notes and source
Key filing fact
Bradley Tank filed Form 4 for Neuberger Berman High Yield Strategies Fund Inc. (NHS) on 23 Jun 2023.
Change
- Previous filing in this sequence was filed on 19 May 2022.
- Current net transaction value: +$443,894.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
NHS
transaction
Common Stock
Exercise of in-the-money or at-the-money derivative security
- Transaction value
- $250,321
- Shares
- +33,736
- Change %
- +33%
- Price
- $7.42
- Shares after
- 134,940
- Date
- 21 Jun 2023
- Ownership
- Direct
NHS
transaction
Common Stock
Exercise of in-the-money or at-the-money derivative security
- Transaction value
- $171,209
- Shares
- +23,074
- Change %
- +33%
- Price
- $7.42
- Shares after
- 92,295
- Date
- 21 Jun 2023
- Ownership
- By Indian Hill II LLC
- Footnotes
- F1
NHS
transaction
Common Stock
Exercise of in-the-money or at-the-money derivative security
- Transaction value
- $22,364
- Shares
- +3,014
- Change %
- +33%
- Price
- $7.42
- Shares after
- 12,054
- Date
- 21 Jun 2023
- Ownership
- By Brad C Tank 1999 Trust
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
NHS
transaction
Derivative
Transferable Subscription Rights (rights to buy)
Exercise of in-the-money or at-the-money derivative security
- Transaction value
- Shares
- -101,204
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 21 Jun 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 33,736
- Exercise price
- Footnotes
- F2, F3, F4
NHS
transaction
Derivative
Transferable Subscription Rights (rights to buy)
Exercise of in-the-money or at-the-money derivative security
- Transaction value
- Shares
- -69,221
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 21 Jun 2023
- Ownership
- By Indian Hill II LLC
- Underlying class
- Common Stock
- Underlying amount
- 23,074
- Exercise price
- Footnotes
- F1, F2, F3, F4
NHS
transaction
Derivative
Transferable Subscription Rights (rights to buy)
Exercise of in-the-money or at-the-money derivative security
- Transaction value
- Shares
- -9,040
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 21 Jun 2023
- Ownership
- By Brad C Tank 1999 Trust
- Underlying class
- Common Stock
- Underlying amount
- 3,014
- Exercise price
- Footnotes
- F1, F2, F3, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
Footnote F2
Neuberger Berman High Yield Strategies Fund Inc. (the "Fund") issued transferable subscription rights ("Rights") to its common stockholders of record as of the close of business on May 23, 2023 (the "Record Date") entitling the holders of these Rights to purchase additional shares of common stock of the Fund (the "Common Stock"). The holders of Common Stock of record on the Record Date ("Record Date Stockholders") were entitled to subscribe for additional shares of Common Stock at a discount to the market price of the Common Stock. The Fund distributed to Record Date Stockholders one Right for each share of Common Stock held on the Record Date. The Rights entitle their holders to purchase one new share of Common Stock for every three Rights held (1 for 3).
Footnote F3
Record Date Stockholders who fully exercised their Rights were entitled to subscribe, subject to certain limitations and subject to allotment, for additional shares of Common Stock which were not subscribed for (the "Over-Subscription Privilege"). The reporting person fully exercised all Rights received and subscribed for additional shares of Common Stock pursuant to the Over-Subscription Privilege, subject to the pro rata allocation of available shares of Common Stock. Fractional shares of Common Stock were not issued. The subscription period commenced on the Record Date and expired on June 21, 2023.
Footnote F4
The final subscription price of $7.42 per share of Common Stock was determined based upon the terms of the offer. The Common Stock subscribed for will be issued after receipt of all stockholder payments.