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SPROTT FOCUS TRUST INC. — Director's Dealing 2022
Apr 12, 2022
33527_dirs_2022-04-12_75fee4ef-c4d0-4d15-8729-c7d3a23c61c1.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SPROTT FOCUS TRUST INC. (FUND)
CIK: 0000825202
Period of Report: 2022-01-24
Reporting Person: GEORGE W WHITNEY (Director, 10% Owner, Senior Portfolio Manager)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-01-24 | Common Stock | P | 6743 | $7.91 | Acquired | 611734 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 7330135 | Direct |
| Common Stock | 2725030 | Indirect |
| Common Stock | 176742 | Indirect |
| Common Stock | 1090465 | Indirect |
| Common Stock | 1980929 | Indirect |
Footnotes
F1: Shares held by a trust established for the benefit of Mr. George's children. As beneficiaries of the trust, Mr. George's children have a pecuniary interest in the trust. Mr. George may be deemed to beneficially own the shares held by the trust.
F2: Shares held by The Mallory Descendant's Trust U/T/A DTD 12/31/2013 (the "Descendant's Trust"). Mr. George serves as trustee of the Descendant's Trust and, in such capacity, has investment and voting discretion over shares held by the Descendant's Trust. As a beneficiary of the Descendant's Trust, Mr. George's spouse has a pecuniary interest in the Descendant's Trust. Mr. George may be deemed to beneficially own the shares held by the Descendant's Trust.
F3: Shares held by The Meredith and Whitney George Family Foundation (the "Foundation"). Mr. George serves as Chairman of the Foundation and, in such capacity, has investment and voting discretion over shares held by the Foundation.
F4: Amount of shares beneficially owned includes shares acquired under the Issuer's Dividend Reinvestment Program (the DRIP) on March 25, 2022, subsequent to the purchase on January 24, 2022 reported herein.