-----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, HQY6OCLjWCh/KtHXTXUuFOvQKxykERL1onms/vGUAJs7ezM4Omk08Oxui3m7ixDm OT9HKB+Z4icCTb2LLqmWXA== 0001209191-06-033905.txt : 20060601 0001209191-06-033905.hdr.sgml : 20060601 20060601161416 ACCESSION NUMBER: 0001209191-06-033905 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20060501 FILED AS OF DATE: 20060601 DATE AS OF CHANGE: 20060601 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PROSPECT STREET HIGH INCOME PORTFOLIO INC CENTRAL INDEX KEY: 0000832904 IRS NUMBER: 043028343 STATE OF INCORPORATION: MD FISCAL YEAR END: 1031 BUSINESS ADDRESS: STREET 1: 13455 NOEL ROAD STREET 2: SUITE 1300 CITY: DALLAS STATE: TX ZIP: 75240 BUSINESS PHONE: 9726384200 MAIL ADDRESS: STREET 1: 13455 NOEL ROAD STREET 2: SUITE 1300 CITY: DALLAS STATE: TX ZIP: 75240 FORMER COMPANY: FORMER CONFORMED NAME: REDWOOD HIGH INCOME FUND INC DATE OF NAME CHANGE: 19881010 FORMER COMPANY: FORMER CONFORMED NAME: EMERALD HIGH INCOME FUND INC DATE OF NAME CHANGE: 19880803 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: 811-05557 FILM NUMBER: 06880300 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 2006-05-01 0 0000832904 PROSPECT STREET HIGH INCOME PORTFOLIO INC PHY 0001228922 DONDERO JAMES D 13455 NOEL ROAD, STE 1300 DALLAS TX 75240 0 0 0 1 Affiliate - Investment Advisor Common Stock 2006-05-01 4 P 0 124.062 3.15 A 790344.167 I See Footnote Common Stock 2006-05-30 4 P 0 900 3.18 A 791244.167 I See Footnote Common Stock 2006-05-30 4 P 0 3000 3.19 A 794244.167 I See Footnote Common Stock 2006-05-30 4 P 0 13600 3.20 A 807844.167 I See Footnote Common Stock 2006-05-30 4 P 0 174400 3.21 A 982244.167 I See Footnote Common Stock 2006-05-31 4 P 0 13000 3.22 A 995244.167 I See Footnote Common Stock 2006-05-31 4 P 0 5800 3.23 A 1001044.167 I See Footnote Common Stock 2006-05-31 4 P 0 5000 3.24 A 1006044.167 I See Footnote Common Stock 2006-05-31 4 P 0 10500 3.25 A 1016544.167 I See Footnote Common Stock 2006-05-31 4 P 0 500 3.29 A 1017044.167 I See Footnote Common Stock 2006-05-31 4 P 0 110700 3.30 A 1127744.167 I See Footnote Common Stock 2006-05-31 4 P 0 2900 3.31 A 1130644.167 I See Footnote Common Stock 2006-05-31 4 P 0 800 3.32 A 1131444.167 I See Footnote Common Stock 2006-05-31 4 P 0 8600 3.34 A 1140044.167 I See Footnote Common Stock 2006-05-31 4 P 0 16800 3.35 A 1156844.167 I See Footnote Shares purchased by the Highland 401(k) Plan (the "401(k) Plan") for the account of Mr. Dondero. Includes (i) 681,500 shares held by the Highland CDO Opportunity Fund, Ltd. ("CDO"), (ii) 84,514 shares held by PCMG Trading Partners XXIII, LP ("PCMG"), (iii) 101,538 shares held by The Canis Minor Trust ("Canis Minor"), (iv) 200,816 shares held by The Canis Major Trust ("Canis Major"), (v) 70,982 shares held by Highland Capital Management, LP ("HCMLP") and (vi) 17,494.167 shares held by the 401(k) Plan for the account of Mr. Dondero. HCMLP is the investment advisor for Prospect Street High Income Portfolio, 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, Canis Minor and the 401(k) Plan. Each of CDO and PCMG are controlled by HCMLP. The 401(k) Plan expressly disclaims beneficial ownership of the securities reported herein. Each of CDO, PCMG, Canis Major, Canis Minor, HCMLP and Mr. Dondero expressly disclaims beneficial ownership of the securities reported herein, except to the extent of their pecuniary interest therein. Shares purchased by CDO. /s/ James Dondero 2006-06-01 -----END PRIVACY-ENHANCED MESSAGE-----