Sec Form 4/A Filing - PARTAIN NATHAN I @ DNP SELECT INCOME FUND INC - 2012-09-21

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FORM 4/A
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
PARTAIN NATHAN I
2. Issuer Name and Ticker or Trading Symbol
DNP SELECT INCOME FUND INC [ DNP]
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 CEO
(Last) (First) (Middle)
C/O DUFF & PHELPS INVESTMENT MANAGEMENT, 200 S WACKER DR, STE 500
3. Date of Earliest Transaction (MM/DD/YY)
09/21/2012
(Street)
CHICAGO, IL60606
4. If Amendment, Date Original Filed (MM/DD/YY)
09/25/2012
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 09/21/2012 X 13,874 ( 1 ) A $ 9.57 44,186 ( 2 ) D
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
Subscription Rights (right to buy) $ 1.1963 ( 3 ) 09/21/2012 X 110,992 ( 4 ) 08/23/2012 09/21/2012 Common stock 13,874 $ 0 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
PARTAIN NATHAN I
C/O DUFF & PHELPS INVESTMENT MANAGEMENT
200 S WACKER DR, STE 500
CHICAGO, IL60606
X President and CEO
Signatures
Nathan I. Partain 10/02/2012
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The reporting person was notified on October 1, 2012 that, pursuant to the over-subscription privilege, he had been allowed to purchase 10,110 shares that were unsubscribed for by other rights holders, in addition to the 3,764 shares he acquired in the primary subscription and reported in his original Form 4 filing dated September 25, 2012.
( 2 )Includes 3,165 shares acquired by the reporting person since his last Form 4 filing pursuant to a dividend reinvestment plan meeting the requirements of Rule 16a-11 under the Securiteis Exchange Act of 1934.
( 3 )The subscription rights entitle the holder to purchase one new share of common stock for every eight rights held.
( 4 )The reporting person was notified on October 1, 2012 that, pursuant to the over-subscription privilege, he had been allowed to exercise 80,880 subscription rights in addition to the 30,112 subscription rights he exercised in the primary subscription and reported in his original Form 4 filing dated September 25, 2012.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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