Timothy Schott - May 20, 2021 Form 4 Insider Report for Associated Capital Group, Inc. (AC)

Role
Executive VP & CFO
Signature
/s/ Timothy Schott
Stock symbol
AC
Transactions as of
May 20, 2021
Transactions value $
$308,720
Form type
4
Date filed
6/17/2021, 04:50 PM
Next filing
Dec 13, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AC Phantom RSA Award $309K +8.5K $36.32 8.5K May 20, 2021 Class A Common Stock 8.5K $0.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each phantom RSA represents the right to receive the cash value of one share of Associated Capital Group, Inc. Class A common stock.
F2 Phantom RSAs are awarded pursuant to the Issuer's Stock Award and Incentive Plan and are payable in cash upon vesting. Thirty percent of these phantom RSAs vest after three years from the date of the award and the remaining seventy percent vest after five years from the date of the award.