Sec Form 4 Filing - TANK BRADLEY @ Neuberger Berman High Yield Strategies Fund Inc. - 2022-05-17

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
TANK BRADLEY
2. Issuer Name and Ticker or Trading Symbol
Neuberger Berman High Yield Strategies Fund Inc. [ NHS]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) X __ Other (specify below)
CIO of Adviser of Issuer
(Last) (First) (Middle)
C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS
3. Date of Earliest Transaction (MM/DD/YY)
05/17/2022
(Street)
NEW YORK, NY10104-0002
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 05/17/2022 X 25,301 A $ 8.6 101,204 D
Common Stock 05/17/2022 X 17,305 A $ 8.6 69,221 I By Indian Hill II LLC( 1 )
Common Stock 05/17/2022 X 2,260 A $ 8.6 9,040 I By Brad C Tank 1999 Trust( 1 )
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
Transferable Subscription Rights (rights to buy)( 2 )( 3 )( 4 ) ( 2 )( 3 )( 4 ) 05/17/2022 X 75,903 04/19/2022 05/17/2022 Common Stock 25,301 ( 2 )( 3 )( 4 ) 0 D
Transferable Subscription Rights (rights to buy)( 2 )( 3 )( 4 ) ( 2 )( 3 )( 4 ) 05/17/2022 X 51,916 04/19/2022 05/17/2022 Common Stock 17,305 ( 2 )( 3 )( 4 ) 0 I By Indian Hill II LLC( 1 )
Transferable Subscription Rights (rights to buy)( 2 )( 3 )( 4 ) ( 2 )( 3 )( 4 ) 05/17/2022 X 6,780 04/19/2022 05/17/2022 Common Stock 2,260 ( 2 )( 3 )( 4 ) 0 I By Brad C Tank 1999 Trust( 1 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
TANK BRADLEY
C/O NEUBERGER BERMAN INVESTMENT ADVISERS
1290 AVENUE OF THE AMERICAS
NEW YORK, NY10104-0002
CIO of Adviser of Issuer
Signatures
/s/ Bradley Tank by his Attorney-in-Fact, Jennifer R. Gonzalez 05/19/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
( 2 )Neuberger Berman High Yield Strategies Fund Inc. (the "Fund") issued transferable subscription rights ("Rights") to its stockholders of record as of the close of business on April 19, 2022 (the "Record Date") entitling the holders of these Rights to purchase additional shares of common stock of the Fund (the "Common Stock"). The holders of Common Stock of record on the Record Date ("Record Date Stockholders") were entitled to subscribe for additional shares of Common Stock at a discount to the market price of the Common Stock. The Fund distributed to Record Date Stockholders one Right for each share of Common Stock held on the Record Date. Record Date Stockholders were entitled to purchase one new share of Common Stock for every three Rights held (1 for 3).
( 3 )Record Date Stockholders who fully exercised their Rights were entitled to subscribe, subject to certain limitations and subject to allotment, for additional Common Stock which was not subscribed for by other Record Date Stockholders (the "Over-Subscription Privilege"). Fractional shares of Common Stock were not issued. The subscription period commenced on the Record Date and expired on May 17, 2022.
( 4 )The final subscription price of $8.60 per share of Common Stock was determined based upon the terms of the offer. The Common Stock subscribed for will be issued after receipt of all stockholder payments.

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