Sec Form 4 Filing - CALAMOS JOHN P SR @ Calamos Dynamic Convertible & Income Fund - 2016-01-21

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
CALAMOS JOHN P SR
2. Issuer Name and Ticker or Trading Symbol
Calamos Dynamic Convertible & Income Fund [ CCD]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President and Chairman
(Last) (First) (Middle)
2020 CALAMOS COURT
3. Date of Earliest Transaction (MM/DD/YY)
01/21/2016
(Street)
NAPERVILLE, IL60563
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ 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 ( 1 ) 01/21/2016 P 100 A $ 15.03 880,892.59 I By Calamos Advisors LLC
Common Stock ( 1 ) 01/21/2016 P 100 A $ 15.15 880,992.59 I By Calamos Advisors LLC
Common Stock ( 1 ) 01/21/2016 P 200 A $ 15.2 881,192.59 I By Calamos Advisors LLC
Common Stock ( 1 ) 01/21/2016 P 65 A $ 15.22 881,257.59 I By Calamos Advisors LLC
Common Stock ( 1 ) 01/21/2016 P 100 A $ 15.28 881,357.59 I By Calamos Advisors LLC
Common Stock ( 1 ) 01/21/2016 P 75 A $ 15.32 881,432.59 I By Calamos Advisors LLC
Common Stock ( 1 ) 01/21/2016 P 300 A $ 15.35 881,732.59 I By Calamos Advisors LLC
Common Stock ( 1 ) 01/21/2016 P 298 A $ 15.44 882,030.59 I By Calamos Advisors LLC
Common Stock ( 1 ) 01/21/2016 P 458 A $ 15.45 882,488.59 I By Calamos Advisors LLC
Common Stock ( 1 ) 01/21/2016 P 400 A $ 15.56 882,888.59 I By Calamos Advisors LLC
Common Stock ( 1 ) 01/21/2016 P 3,044 A $ 15.57 885,932.59 I By Calamos Advisors LLC
Common Stock ( 1 ) 01/21/2016 P 200 A $ 15.59 886,132.59 I By Calamos Advisors LLC
Common Stock ( 1 ) 01/21/2016 P 400 A $ 15.6 886,532.59 I By Calamos Advisors LLC
Common Stock ( 1 ) 01/21/2016 P 500 A $ 15.61 887,032.59 I By Calamos Advisors LLC
Common Stock ( 1 ) 01/21/2016 P 100 A $ 15.62 887,132.59 I By Calamos Advisors LLC
Common Stock ( 1 ) 01/21/2016 P 100 A $ 15.63 887,232.59 I By Calamos Advisors LLC
Common Stock ( 1 ) 01/21/2016 P 460 A $ 15.66 887,692.59 I By Calamos Advisors LLC
Common Stock ( 1 ) 01/21/2016 P 400 A $ 15.67 888,092.59 I By Calamos Advisors LLC
Common Stock ( 1 ) 01/21/2016 P 600 A $ 15.68 888,692.59 I By Calamos Advisors LLC
Common Stock ( 1 ) 01/21/2016 P 900 A $ 15.7 889,592.59 I By Calamos Advisors LLC
Common Stock ( 1 ) 01/21/2016 P 200 A $ 15.71 889,792.59 I By Calamos Advisors LLC
Common Stock ( 1 ) 01/21/2016 P 200 A $ 15.72 889,992.59 I By Calamos Advisors LLC
Common Stock ( 1 ) 01/21/2016 P 200 A $ 15.73 890,192.59 I By Calamos Advisors LLC
Common Stock ( 1 ) 01/21/2016 P 500 A $ 15.74 890,692.59 I By Calamos Advisors LLC
Common Stock ( 1 ) 01/2 1/2016 P 800 A $ 15.75 891,492.59 I By Calamos Advisors LLC
Common Stock ( 1 ) 01/21/2016 P 100 A $ 15.77 891,592.59 I By Calamos Advisors LLC
Common Stock ( 1 ) 01/21/2016 P 100 A $ 15.79 891,692.59 I By Calamos Advisors LLC
Common Stock ( 1 ) 01/21/2016 P 100 A $ 15.8 891,792.59 I By Calamos Advisors LLC
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
CALAMOS JOHN P SR
2020 CALAMOS COURT
NAPERVILLE, IL60563
X President and Chairman
Calamos Advisors LLC
2020 CALAMOS COURT
NAPERVILLE, IL60563
Investment Advisor
Signatures
/s/ Christopher Russell, Attorney-in-Fact 01/21/2016
Signature of Reporting Person Date
Explanation of Responses:
( 1 )THE SHARE PURCHASES IN THIS FORM 4 ARE NOT DIRECTLY FOR THE INDIVIDUAL, PERSONAL ACCOUNTS OF JOHN P. CALAMOS, SR. THESE TRANSACTIONS REFLECT PURCHASES MADE BY CALAMOS ADVISORS LLC (CAL), CALAMOS DYNAMIC CONVERTIBLE AND INCOME FUND'S INVESTMENT ADVISOR. CAL IS A WHOLLY OWNED SUBSIDIARY OF CALAMOS INVESTMENTS LLC (CILLC). JOHN P. CALAMOS, SR. OWNS A CONTROLLING INTEREST IN CALAMOS FAMILY PARTNERS, INC., WHICH IN TURN OWNS 77.8% OF CILLC, AND IS THE CHAIRMAN, CEO, AND GLOBAL CO-CIO OF CALAMOS ASSET MANAGEMENT, INC., WHICH OWNS 22.2% OF, AND IS THE SOLE MANAGER OF, CILLC. AS A RESULT, JOHN P. CALAMOS, SR. IS REQUIRED TO FILE THIS FORM 4 TO REFLECT INDIRECT BENEFICIAL OWNERSHIP OF SHARES OWNED BY CAL.

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