Peter D. Goldstein - May 20, 2021 Form 4 Insider Report for Associated Capital Group, Inc. (AC)

Role: Chief Legal Officer
Signature: /s/ Peter D. Goldstein
Stock symbol: AC
Transactions as of: May 20, 2021
Transactions value $: $254,240
Form type: 4
Date filed: 6/17/2021, 04:52 PM
Next filing: Jun 17, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	AC	Class A Common Stock						1.69K	May 20, 2021	Direct

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	$254K	+7K		$36.32	7K	May 20, 2021	Class A Common Stock	7K	$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.