Filing Details

Accession Number:
0001504304-16-000172
Form Type:
13D Filing
Publication Date:
2016-05-03 10:18:34
Filed By:
Bulldog Investors
Company:
Firsthand Technology Value Fund Inc. (NASDAQ:SVVC)
Filing Date:
2016-05-03
SEC Url:
13D Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Bulldog Investors 234,557 167,559 234,557 167,559 5.22%
Phillip Goldstein 234,557 167,559 234,557 167,559 5.22%
Andrew Dakos 234,557 167,559 234,557 167,559 5.22%
Steven Samuels 234,557 167,559 234,557 167,559 5.22%
Filing

SCHEDULE 13D/A DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT 4/29/16 1. NAME OF REPORTING PERSON Bulldog Investors, LLC 2. CHECK THE BOX IF MEMBER OF A GROUP a[ ] b[] 3. SEC USE ONLY 4. SOURCE OF FUNDS WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) AND 2(e) [] 6. CITIZENSHIP OR PLACE OF ORGANIZATION DE ___________________________________________________________ 7. SOLE VOTING POWER 234,557 8. SHARED VOTING POWER 167,559 9. SOLE DISPOSITIVE POWER 234,557 _______________________________________________________ 10. SHARED DISPOSITIVE POWER 167,559 11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON 402,116 (Footnote 1) 12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES [] ___________________________________________________________ 13. PERCENT OF CLASS REPRESENTED BY ROW 11 5.22% 14. TYPE OF REPORTING PERSON IA ___________________________________________________________ 1. NAME OF REPORTING PERSON Phillip Goldstein 2. CHECK THE BOX IF MEMBER OF A GROUP a[x] b[] 3. SEC USE ONLY 4. SOURCE OF FUNDS WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) AND 2(e) [] 6. CITIZENSHIP OR PLACE OF ORGANIZATION USA ___________________________________________________________ 7. SOLE VOTING POWER 234,557 8. SHARED VOTING POWER 167,559 9. SOLE DISPOSITIVE POWER 234,557 _______________________________________________________ 10. SHARED DISPOSITIVE POWER 167,559 11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON 402,116 (Footnote 1) 12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES [] ___________________________________________________________ 13. PERCENT OF CLASS REPRESENTED BY ROW 11 5.22% 14. TYPE OF REPORTING PERSON IN ___________________________________________________________ 1. NAME OF REPORTING PERSON Andrew Dakos 2. CHECK THE BOX IF MEMBER OF A GROUP a[ ] b[] 3. SEC USE ONLY 4. SOURCE OF FUNDS WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) AND 2(e) [] 6. CITIZENSHIP OR PLACE OF ORGANIZATION USA ___________________________________________________________ 7. SOLE VOTING POWER 234,557 8. SHARED VOTING POWER 167,559 9. SOLE DISPOSITIVE POWER 234,557 _______________________________________________________ 10. SHARED DISPOSITIVE POWER 167,559 11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON 402,116 (Footnote 1) 12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES [] ___________________________________________________________ 13. PERCENT OF CLASS REPRESENTED BY ROW 11 5.22% 14. TYPE OF REPORTING PERSON IN ___________________________________________________________ 1. NAME OF REPORTING PERSON Steven Samuels 2. CHECK THE BOX IF MEMBER OF A GROUP a[ ] b[] 3. SEC USE ONLY 4. SOURCE OF FUNDS WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) AND 2(e) [] 6. CITIZENSHIP OR PLACE OF ORGANIZATION USA ___________________________________________________________ 7. SOLE VOTING POWER 234,557 8. SHARED VOTING POWER 167,559 9. SOLE DISPOSITIVE POWER 234,557 _______________________________________________________ 10. SHARED DISPOSITIVE POWER 167,559 11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON 402,116 (Footnote 1) 12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES [] ___________________________________________________________ 13. PERCENT OF CLASS REPRESENTED BY ROW 11 5.22% 14. TYPE OF REPORTING PERSON IN _______________________________________________________ Item 1. SECURITY AND ISSUER This statement constitutes Amendment #16 to the schedule 13d filed November 22, 2013. Except as specifically set forth herein, the Schedule 13d remains unmodified. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER As per the 10-K filed on March 15, 2016 there were 7,702,705 shares of common stock outstanding as of 3/15/2016. The percentages set forth herein were derived using such number.Phillip Goldstein, Andrew Dakos and Steven Samuels own Bulldog Investors, LLC, a registered investment advisor. As of May 2, 2016, Bulldog Investors, LLC is deemed to be the beneficial owner of 402,116 shares of SVVC by virtue of Bulldog Investors, LLC's power to direct the vote of, and dispose of, these shares. These 402,116 shares of SVVC include 234,557 shares (representing 3.05% of SVVC's outstanding shares) that are beneficially owned by (1) Mr. Goldstein and (2) the following entities over which Messrs. Goldstein, Dakos and Samuels exercise control: Opportunity Partners LP, Calapasas West Partners, LP, Full Value Special Situations Fund, LP, Full Value Offshore Fund, Ltd., Full Value Partners, LP, Opportunity Income Plus, LP, and MCM Opportunity Partners, LP (collectively, Bulldog Investors Group of Funds). Bulldog Investors Group of Funds and Mr. Goldstein may be deemed to constitute a group. All other shares included in the aforementioned 402,116 shares of SVVC beneficially owned by Bulldog Investors, LLC (solely by virtue of its power to sell or direct the vote of these shares) are also beneficially owned by clients of Bulldog Investors, LLC who are not members of any group. The total number of these "non-group" shares is 167,559 shares (representing 2.17% of SVVC's outstanding shares). (b)Bulldog Investors,LLC has sole power to dispose of and vote 234,557 shares. Bulldog Investors, LLC has shared power to dispose of and vote 167,559 shares. Certain of Bulldog Investors, LLC's clients (none of whom beneficially own more than 5% of SVVC's shares) share this power with Bulldog Investors, LLC. Messrs. Goldstein, Dakos and Samuels are control persons of Bulldog Investors, LLC. c) Since the last filing on 3/28/16 the following shares of SVVC were sold: Date: Shares: Price: 03/28/16 (10,000) 7.4521 03/29/16 (6,610) 7.4619 03/30/16 (260) 7.5000 04/01/16 (2,676) 7.5000 04/04/16 (1,276) 7.5000 04/06/16 (228) 7.5200 04/07/16 (900) 7.5022 04/08/16 (1,900) 7.5000 04/21/16 (5,933) 7.4003 04/25/16 (1,800) 7.5507 04/27/16 (23,822) 7.6065 04/27/16 (210) 7.6000 04/28/16 (13,547) 7.6474 04/29/16 (9,140) 7.6778 d) Beneficiaries of managed accounts are entitled to receive any dividends or sales proceeds. e) NA ITEM 6. CONTRACTS,ARRANGEMENTS,UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. None. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS None Footnote 1: The reporting persons disclaim beneficial ownership except to the extent of any pecuniary interest therein. After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: 5/3/2016 By: /s/ Phillip Goldstein Name: Phillip Goldstein By: /S/ Andrew Dakos Name: Andrew Dakos By: /S/ Steven Samuels Name: Steven Samuels Bulldog Investors, LLC By: /s/ Andrew Dakos Andrew Dakos, Member