Frederic A. Escherich - 31 Dec 2021 Form 5 Insider Report for ADAMS DIVERSIFIED EQUITY FUND, INC. (ADX)

Role
Director
Signature
Gail L. Valenti as Attorney-in-Fact for Frederic A. Escherich
Issuer symbol
ADX
Transactions as of
31 Dec 2021
Net transactions value
$0
Form type
5
Filing time
11 Feb 2022, 12:22:24 UTC
Previous filing
14 Dec 2021
Next filing
22 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADX Common Stock Award $0 +956 +29% $0.000000 4,238 31 Dec 2021 Direct F1, F2, F3
transaction ADX Common Stock Other $0 +4,234 +7.3% $0.000000 62,489 31 Dec 2021 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Of these shares, 382 shares accrued as dividend equivalents on 750 restricted stock units, which were granted in 2014 and deferred until 01/15/2021. The Issuer's stock traded in a range of $16.83 - $22.31 during 2021.
F2 Of these shares, 574 accrued as dividend equivalents on deferred stock units (shares received in lieu of director retainer fees). The Issuer's stock traded in a range of $16.83 - $22.31 during 2021.
F3 A fractional share in the amount of 0.25 was issued as part of DSU's (granted in lieu of a 2014 deferred cash retainer) & DE shares earned. The fractional share was surrendered as non-transferrable to a registered account.
F4 These shares were acquired in exempt transactions as a result of dividend reinvestment. In addition, a fractional share in the amount of 0.548 was sold on 04/27/2021 as a result of a transfer of the securities from a registered account to a brokerage account. The Issuer's stock traded in a range of $16.83 - $22.31 during 2021.