Thomas A. Satterfield Jr. - 10 Jun 2022 Form 4 Insider Report for ARK RESTAURANTS CORP (ARKR)

Role
10%+ Owner
Signature
/s/ Thomas A. Satterfield, Jr.
Issuer symbol
ARKR
Transactions as of
10 Jun 2022
Net transactions value
+$136,289
Form type
4
Filing time
14 Jun 2022, 16:05:22 UTC
Previous filing
13 Jun 2022
Next filing
23 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARKR Common Stock Purchase $76,264 +4,502 +16% $16.94 33,002 10 Jun 2022 By Tomsat Investment & Trading Co., Inc. F1
transaction ARKR Common Stock Purchase $33,167 +1,998 +6.1% $16.60 35,000 13 Jun 2022 By Tomsat Investment & Trading Co., Inc.
transaction ARKR Common Stock Purchase $26,859 +1,618 +1.2% $16.60 137,000 13 Jun 2022 By Caldwell Mill Opportunity Fund
holding ARKR Common Stock 31,500 10 Jun 2022 Direct F2
holding ARKR Common Stock 121,000 10 Jun 2022 By A.G. Family L.P. F3
holding ARKR Common Stock 65,163 10 Jun 2022 By family members and related entities F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $16.39 to $17.10. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F2 Includes 7,000 shares held jointly with the reporting person's spouse.
F3 The reporting person controls the general partner of the partnership that owns the reported securities.
F4 The reporting person has been granted limited powers of attorney to exercise voting and dispositive power with respect to the securities held by the following parties: the reporting person's father (15,000 shares); the reporting person's brother (4,111 shares); the reporting person's sister (19,000 shares); the reporting person's brother-in-law (8,000 shares); Rita Phifer (5,000 shares); the reporting person's second brother-in-law (2,500 shares); the reporting person's nephew (600 shares); a trust for the reporting person's granddaughter (1,450 shares); a trust for the reporting person's second granddaughter (500 shares); the reporting person's step-sister (1,868 shares); the reporting person's second step-sister (1,500 shares); the reporting person's third step-sister and spouse (1,634 shares); and the reporting person's fourth step-sister and spouse (4,000 shares).

Remarks:

Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that the reporting person is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any equity securities included herein in excess of the reporting person's pecuniary interest in such equity securities.