X0306 4 2019-01-08 0 0000897802 SPECIAL OPPORTUNITIES FUND, INC. SPE 0001067621 GOLDSTEIN PHILLIP 60 HERITAGE DRIVE PLEASANTVILLE NY 10570 1 1 0 0 Chairman and Secretary Common Stock 97091 D Common Stock 3456 I Spouse 3.50% Convertible Preferred Stock Series B 0 2019-01-08 4 P 0 3000 24.90 A Common Stock 3947 24999 D 3.50% Convertible Preferred Stock, Series B 0 Common Stock 1108 842 I By Spouse's IRA 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 a conversion rate equivalent to a conversion price of $19.00 per share of common stock (which is a ratio of 1.3158 shares of common stock for each share of Preferred Stock held), subject to adjustment. The shares of Preferred Stock will be redeemed by the Issuer if not converted prior to August 26, 2021. /s/ Stephanie Darling, Attorney in Fact for Phillip Goldstein 2019-01-10