Filing Details

Accession Number:
0000899243-20-024167
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-09-03 17:19:59
Reporting Period:
2020-09-02
Accepted Time:
2020-09-03 17:19:59
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
825202 Sprott Focus Trust Inc. FUND (0) 592876580
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1185838 Whitney W George C/O Sprott Asset Management Usa Inc.
1910 Palomar Point Way, Suite 200
Carlsbad CA 92008
Yes No Yes Yes
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 Acquisiton 2020-09-02 10,000 $6.32 6,541,427 No 4 P Direct
Common Stock Acquisiton 2020-09-03 40,000 $6.28 6,581,427 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 2,237,820 Indirect Held by Spouse
Common Stock 934,954 Indirect Held by Trust
Common Stock 509,252 Indirect Held by Trust
Common Stock 144,157 Indirect Held by Son
Common Stock 1,698,426 Indirect Held by Foundation
Footnotes
  1. 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.
  2. 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.
  3. 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.
  4. Represents the weighted average purchase price of multiple transactions with a range of prices between $6.29 and $6.39. Mr. George hereby undertakes to provide, upon request by the Securities and Exchange Commission staff, the issuer, or a stockholder of the issuer, full information regarding the number of shares purchased at each separate price.
  5. Represents the weighted average purchase price of multiple transactions with a range of prices between $6.185 and $6.37. Mr. George hereby undertakes to provide, upon request by the Securities and Exchange Commission staff, the issuer, or a stockholder of the issuer, full information regarding the number of shares purchased at each separate price.