Home > Insider Trading > Filing (0001144204-12-037270)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
897802	Special Opportunities Fund Inc.	SPE	(0)	133702911

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1222911	Gerald Hellerman	5431 Nw 21St Avenue Boca Raton FL 33496	Chief Compliance Officer & Cfo	Yes	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2012-06-27	730	$15.10	4,270	No	4	P	Indirect	By Spouse
Common Stock	Disposition	2012-06-29	280	$15.15	750	No	4	P	Indirect	By Spouse's IRA
Common Stock	Disposition	2012-06-29	5	$15.11	750	No	4	P	Indirect	By Spouse's IRA

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	By Spouse
No	4	P	Indirect	By Spouse's IRA
No	4	P	Indirect	By Spouse's IRA

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
3.00% Convertible Preferred Stock, Series A	Subscription Rights (right to buy)	Disposition	2012-06-27	225	$0.00	225	$50.00
3.00% Convertible Preferred Stock, Series A	Subscription Rights (right to buy)	Disposition	2012-06-27	500	$0.00	500	$50.00
Common Stock	3.00% Convertible Preferred Stock, Series A	Acquisiton	2012-06-27	225	$50.00	675	$0.00
Common Stock	3.00% Convertible Preferred Stock, Series A	Acquisiton	2012-06-27	500	$50.00	1,500	$0.00
3.00% Convertible Preferred Stock, Series A	Subscription Rights (right to buy)	Disposition	2012-06-29	100	$0.00	100	$50.00
Common Stock	3.00% Convertible Preferred Stock, Series A	Acquisiton	2012-06-29	100	$50.00	300	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2012-06-15	2012-07-09	No	4	X	Indirect
0	2012-06-15	2012-07-09	No	4	X	Indirect
225			No	4	X	Indirect
500			No	4	X	Indirect
0	2012-06-15	2012-07-09	No	4	X	Indirect
100			No	4	X	Indirect

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	2,250	Indirect	By IRA

Footnotes

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.
Subscription rights ("Rights") received pursuant to a pro rata distribution thereof to stockholders of record of the Issuer as of June 15, 2012 in connection with a rights offering. Each Right entitles its holder to purchase one share of 3.00% Convertible Preferred Stock, Series A ("Preferred Stock") at a subscription price of $50 per share.
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.
The shares of Preferred Stock are convertible into common stock immediately upon issuance at the ratio of three shares of common stock for every one share of Preferred Stock, subject to adjustment.
The shares of Preferred Stock will be redeemed by the Issuer if not converted prior to July 10, 2017.