-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, NgaIF+Q4FV1PGn3hs4CkQLCdWOizugz2EMqAMw7NgQp8HetNGOEo4loS9VfP+Uwf 8te71cUckCW9na4Y2ZcdyQ== 0001209191-06-033904.txt : 20060601 0001209191-06-033904.hdr.sgml : 20060601 20060601161243 ACCESSION NUMBER: 0001209191-06-033904 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20060530 FILED AS OF DATE: 20060601 DATE AS OF CHANGE: 20060601 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PROSPECT STREET INCOME SHARES INC CENTRAL INDEX KEY: 0000021178 IRS NUMBER: 362765811 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: TWO GALLERIA TOWER STREET 2: 13455 NOEL ROAD, SUITE 1300 CITY: DALLAS STATE: TX ZIP: 75240 BUSINESS PHONE: 9726284100 MAIL ADDRESS: STREET 1: PROSPECT STREET INCOME SHARES, INC. STREET 2: TWO GALLERIA TOWER, 13455 NOEL ROAD, SUI CITY: DALLAS STATE: TX ZIP: 75240 FORMER COMPANY: FORMER CONFORMED NAME: CNA INCOME SHARES INC DATE OF NAME CHANGE: 19920703 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: DONDERO JAMES D CENTRAL INDEX KEY: 0001228922 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 811-02365 FILM NUMBER: 06880291 BUSINESS ADDRESS: STREET 1: 13455 NOEL ROAD STREET 2: SUITE 1300 CITY: DALLAS STATE: TX ZIP: 75240 BUSINESS PHONE: 9726284100 MAIL ADDRESS: STREET 1: 13455 NOEL ROAD, STE 1300 CITY: DALLAS STATE: TX ZIP: 75240 4 1 doc4.xml FORM 4 SUBMISSION X0202 4 2006-05-30 0 0000021178 PROSPECT STREET INCOME SHARES INC CNN 0001228922 DONDERO JAMES D 13455 NOEL ROAD, STE 1300 DALLAS TX 75240 0 0 0 1 Affiliate - Investment Advisor Common Stock 2006-05-30 4 P 0 700 5.65 A 387859.647 I See Footnote Common Stock 2006-05-30 4 P 0 600 5.66 A 388459.647 I See Footnote Common Stock 2006-05-30 4 P 0 1500 5.67 A 389959.647 I See Footnote Common Stock 2006-05-30 4 P 0 3000 5.68 A 392959.647 I See Footnote Common Stock 2006-05-30 4 P 0 3700 5.70 A 396659.647 I See Footnote Common Stock 2006-05-30 4 P 0 1000 5.72 A 397659.647 I See Footnote Common Stock 2006-05-30 4 P 0 3800 5.73 A 401459.647 I See Footnote Common Stock 2006-05-30 4 P 0 25700 5.74 A 427159.647 I See Footnote Common Stock 2006-05-31 4 P 0 900 5.74 A 428059.647 I See Footnote Common Stock 2006-05-31 4 P 0 23500 5.75 A 451559.647 I See Footnote Common Stock 2006-05-31 4 P 0 5700 5.76 A 457259.647 I See Footnote Common Stock 2006-05-31 4 P 0 1000 5.77 A 458259.647 I See Footnote Common Stock 2006-05-31 4 P 0 100 5.78 A 458359.647 I See Footnote Common Stock 2006-05-31 4 P 0 5100 5.79 A 463459.647 I See Footnote Common Stock 2006-05-31 4 P 0 23700 5.80 A 487159.647 I See Footnote Shares purchased by Highland CDO Opportunity Fund, Ltd. ("CDO"). Includes (i) 276,400 shares held by CDO, (ii) 200,816 shares held by The Canis Major Trust ("Canis Major") and (iii) 9,943.647 shares held by the 401(k) Plan for the account of Mr. Dondero. Highland Capital Management, LP ("HCMLP") is the investment advisor for Prospect Street Income Shares, Inc. HCMLP maintains the 401(k) Plan for the benefit of its employees. Mr. Dondero is the President of HCMLP and the trustee of Canis Major and the 401(k) Plan. CDO is controlled by HCMLP. The 401(k) Plan expressly disclaims beneficial ownership of the securities reported herein. Each of the CDO, Canis Major, HCMLP and Mr. Dondero expressly disclaims beneficial ownership of the securities reported herein, except to the extent of their pecuniary interest therein. /s/ James Dondero 2006-06-01 -----END PRIVACY-ENHANCED MESSAGE-----