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SPECIAL OPPORTUNITIES FUND, INC. Director's Dealing 2021

Jul 15, 2021

33831_dirs_2021-07-15_d12bd367-ebb0-47e8-98b2-62d48cb5b274.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SPECIAL OPPORTUNITIES FUND, INC. (SPE)
CIK: 0000897802
Period of Report: 2021-06-24

Reporting Person: WALDEN CHARLES C (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-06-24 Common Stock M 9779 Acquired 30285 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-06-24 3.50% Convertible Preferred Stock Series B $0 M 5000 Disposed Common Stock (9779) Direct

Footnotes

F1: On June 24, 2021 the Reporting Person converted 5,000 shares of the Registrant's 3.50% Convertible Preferred Stock Series B into 9,779 shares of the Registrant's common stock.

F2: The shares of Preferred Stock are convertible into common stock immediately upon issuance at the current conversion ratio of 1.9558 shares of common stock for each share of Preferred Stock held, subject to adjustment.

F3: The Issuer has announced that, if not converted prior, the shares of Preferred Stock will be redeemed by the Issuer on July 9, 2021.