Rajeev Das - Aug 15, 2024 Form 4 Insider Report for HIGH INCOME SECURITIES FUND (PCF)

Role
Director
Signature
/s/ Stephanie Darling, Power of Attorney for Rajeev Das
Stock symbol
PCF
Transactions as of
Aug 15, 2024
Transactions value $
$26,944
Form type
4
Date filed
8/19/2024, 05:01 PM
Previous filing
Jun 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PCF Common Stock Options Exercise $7.14K +1.1K +11020% $6.48 1.11K Aug 15, 2024 Direct F1
transaction PCF Common Stock Options Exercise $14.8K +2.28K +9136% $6.48 2.31K Aug 15, 2024 By Spouse F1, F2
transaction PCF Common Stock Options Exercise $4.5K +694 +6940% $6.48 704 Aug 15, 2024 By Spouse IRA F1, F2
transaction PCF Common Stock Options Exercise $505 +78 +7800% $6.48 79 Aug 15, 2024 By Child IRA F1, F3
* 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 holders of record of shares of beneficial interest ("common stock") of the Issuer as of July 8, 2024 in connection with a rights offering by the Issuer at the rate of one right for each share of common stock owned. Every right received by the holder entitled such holder to purchase one share of common stock and fully-subscribed holders were entitled to oversubscribe for additional shares if available. Purchases made pursuant to the rights offering are reflected in this filing.
F2 The Reporting Person disclaims beneficial ownership of the securities owned by his spouse and this report should not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purposes.
F3 The Reporting Person disclaims beneficial ownership of the securities owned by his child and this report should not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purposes.