Jeffrey E. Eberwein - Feb 21, 2023 Form 4 Insider Report for Superior Drilling Products, Inc. (SDPI)

Role
10%+ Owner
Signature
/s/ Jeffrey E. Eberwein
Stock symbol
SDPI
Transactions as of
Feb 21, 2023
Transactions value $
$77,494
Form type
4
Date filed
2/23/2023, 03:54 PM
Previous filing
Feb 17, 2023
Next filing
Mar 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SDPI Common Stock Purchase $21.4K +22.3K +1.06% $0.96 2.13M Feb 21, 2023 Direct F1, F2
transaction SDPI Common Stock Purchase $14.4K +15K +0.71% $0.96 2.14M Feb 22, 2023 Direct F1, F2
transaction SDPI Common Stock Purchase $41.7K +42.5K +1.98% $0.98 2.18M Feb 23, 2023 Direct F1, F2
holding SDPI Common Stock 1.15M Feb 21, 2023 By: Star Equity Fund, LP F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 4 is filed jointly by Jeffrey E. Eberwein, Star Equity Fund, LP ("Star Equity Fund"), Star Equity Fund GP, LLC ("Star Equity GP"), Star Investment Management, LLC ("Star Investment Management"), Star Value, LLC ("Star Value") and Star Equity Holdings, Inc. ("Star Equity Holdings") (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding shares of Common Stock. Each Reporting Person disclaims beneficial ownership of the shares of Common Stock reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such shares of Common Stock for purposes of Section 16 or for any other purpose.
F2 Shares owned directly by Mr. Eberwein.
F3 Shares owned directly by Star Equity Fund. Star Equity GP, as the general partner of Star Equity Fund, may be deemed the beneficial owner of the securities owned by Star Equity Fund. Star Investment Management, as the investment manager of Star Equity Fund, may be deemed the beneficial owner of the securities owned by Star Equity Fund. Star Value, as the sole member of Star Equity GP and wholly owned subsidiary of Star Equity Holdings, may be deemed the beneficial owner of the securities owned by Star Equity Fund. Star Equity Holdings, as the parent of Star Value, sole member of Star Management, and limited partner of Star Equity Fund, may be deemed the beneficial owner of the securities owned by Star Equity Fund. As the manager of Star Equity GP and Star Investment Management, Mr. Eberwein may be deemed the beneficial owner of the securities owned by Star Equity Fund.