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GABELLI EQUITY TRUST INC Director's Dealing 2014

Dec 10, 2014

31730_dirs_2014-12-10_d8dd3abf-9044-4bb0-8e92-4577251b2481.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GABELLI EQUITY TRUST INC (GAB)
CIK: 0000794685
Period of Report: 2014-12-09

Reporting Person: GABELLI MARIO J (Director, Control Person of Adviser)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-12-09 Common Stock, Par Value $0.001 S 20000 $6.824 Disposed 651256 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock, Par Value $0.001 1083387.27 Direct
Common Stock, Par Value $0.001 60965 Indirect

Footnotes

F1: The shares reported reflect the total shares owned by GGCP. Mr. Gabelli has less than a 100% interest in GGCP and disclaims beneficial ownership of the shares owned by this entity which are in excess of his indirect pecuniary interests.

F2: The shares reported reflect the total shares owned by MJG IV Limited Partnership, a limited partnership for which Mr. Gabelli serves as a general partner. Mr. Gabelli has less than a 100% interest in the entity and disclaims beneficial ownership of the shares owned by this entity which are in excess of his indirect pecuniary interest.