| FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
|
|||||||||||||||
| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
|
2. Issuer Name and Ticker or Trading Symbol
SWISS HELVETIA FUND, INC. [ SWZ ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
|
||||||||||||||||||||||||
|
3. Date of Earliest Transaction
(Month/Day/Year) 06/29/2007 | ||||||||||||||||||||||||||
|
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
|
| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
| Code | V | Amount | (A) or (D) | Price | ||||||
| Common Stock | 06/22/2007 | 06/29/2007 | X | 3,884 | A | $16.6(1) | 21,678 | D | ||
| Common Stock | 06/22/2007 | 06/29/2007 | X | 83(2) | A | $16.6 | 3,967 | I | Son of Rodolphe Hottinger | |
| Common Stock | 06/22/2007 | 06/29/2007 | X | 82(3) | A | $16.6 | 4,049 | I | Son of Rodolphe Hottinger | |
| Common Stock | 06/22/2007 | 06/29/2007 | X | 82(4) | A | $16.6 | 4,131 | I | Son of Rodolphe Hottinger | |
| Common stock | 06/22/2007 | 06/29/2007 | X | 566(5) | A | $16.6 | 4,697 | D | ||
|
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Subscription Rights (right to buy) | $16.6 | 06/22/2007 | 06/29/2007 | X(6) | 11,652 | 05/24/2007 | 06/22/2007 | Common Stock | 3,884 | $0 | 0 | D | |||
| Subscription Rights (right to buy) | $16.6 | 06/22/2007 | 06/29/2007 | X(6) | 249 | 05/24/2007 | 06/22/2007 | Common Stock | 83 | $0 | 0 | I | Son of Rodolphe Hottinger | ||
| Subscription Rights ( right to buy) | $16.6 | 06/22/2007 | 06/29/2007 | X(6) | 246 | 05/24/2007 | 06/22/2007 | Common Stock | 82 | $0 | 0 | I | Son of Rodolphe Hottinger | ||
| Subscription Rights (right to buy) | $16.6 | 06/22/2007 | 06/29/2007 | X(6) | 246 | 05/24/2007 | 06/22/2007 | Common Stock | 82 | $0 | 0 | I | Son of Rodolphe Hottinger | ||
| Explanation of Responses: |
| 1. Subscription price determined by 92.5% of the average of the last reported sales price per share on teh NYSE for the five trading days ended June 22, 2007 (the Expiration Date). |
| 2. Henri Hottinger is the son of Rodolphe Hottinger. Prior to the rights offering he owned 247 shares and purchased two additional rights for a total of 249 rights. He exercised 249 rights to purchase 83 additional shares. |
| 3. Richard Hottinger is the son of Rodolphe Hottinger. Prior to the rights offering he owned 246 shares. He exercised 246 right to purchase 82 shares. |
| 4. Peter Hottinger is the son of Rodolphe Hottinger. Prior to the rights offering he owned 246 shares. He exercised 246 rights to purchase 82 shares. |
| 5. Record date stockholders who fully exercised their rights were entitled to an over-subscription privilege under which they were permitted to subscribe for additioanl shares of common stock at the subcription price. |
| 6. The shares of common stock under item 4 table I were acquired through subscription in the Fund's 1-for-3 rights offering. Shares of common stock issued pursuant to the exercise of: 11652 rights issued to Rodolphe Hottinger, 249 rights issued to Henri hottinger, 246 rights issued to Richard Hottinger and 246 rights issued to Peter Hottinger. these rights were acquired on June 29, 2007. |
| Rudolf Millisits | 07/03/2007 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||