Key facts
- This page summarizes George W. Morriss's Form 4 filing for Neuberger Berman High Yield Strategies Fund Inc. (NHS).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 23 Jun 2023, 21:19.
George W. Morriss - 21 Jun 2023 Form 4 Insider Report for Neuberger Berman High Yield Strategies Fund Inc. (NHS)
- Reporting relationship
- Director
- Issuer ticker
- NHS
- Reported as of
- 21 Jun 2023
- Net transaction value
- +$25,391
- SEC form
- 4
- Accepted by SEC
- 23 Jun 2023, 21:19:42 UTC
- Prior SEC filing
- 20 Mar 2023
- Next SEC filing
- 05 Dec 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ George W. Morriss 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
Key filing fact
George W. Morriss 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 20 Mar 2023.
- Current net transaction value: +$25,391.
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
- $25,391
- Shares
- +3,422
- Change %
- +33%
- Price
- $7.42
- Shares after
- 13,689
- Date
- 21 Jun 2023
- Ownership
- Direct
- 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
- -10,267
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 21 Jun 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 3,422
- Exercise price
- Footnotes
- 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
Includes shares acquired over time under a distribution reinvestment plan.
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
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.