Sec Form 4 Filing - ALTSCHUL ARTHUR G JR @ GENERAL AMERICAN INVESTORS CO INC - 2013-09-11

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
ALTSCHUL ARTHUR G JR
2. Issuer Name and Ticker or Trading Symbol
GENERAL AMERICAN INVESTORS CO INC [ GAM]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O OVERBROOK MANAGEMENT CORP, 122 E. 42ND STREET, SUITE 2500
3. Date of Earliest Transaction (MM/DD/YY)
09/11/2013
(Street)
NEW YORK, NY10168
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 09/11/2013 S 15,000 D $ 33.8754 146,033 I TTEE & Beneficiary ( 1 )
Common Stock 2,143 D
Common Stock 78,207 I Director is a Trustee ( 2 )
Common Stock 142,165 I FDN Director ( 3 )
Common Stock 24,460 I Trust Beneficiary ( 4 )
Common Stock 2,902 ( 6 ) I Director has POA for owner. ( 5 )
5.95% Preferred Stock 61,400 I Director is a Trustee and Beneficiary ( 1 )
5.95% Preferred Stock 4,000 I Trustee ( 2 )
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
ALTSCHUL ARTHUR G JR
C/O OVERBROOK MANAGEMENT CORP
122 E. 42ND STREET, SUITE 2500
NEW YORK, NY10168
X
Signatures
/s/ Arthur G. Altschul, Jr. 09/12/2013
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Director is both a trustee and the beneficiary of various trusts.
( 2 )Director is a trustee of various trusts. He disclaims any beneficial interest in these shares.
( 3 )Director is a director of a private non-profit foundation.
( 4 )Director is a beneficiary of a trust.
( 5 )Director has POA for his mother.
( 6 )Shares were gifted to a dynasty trust.

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).

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