David A. Lorber - Mar 16, 2022 Form 4 Insider Report for PhenixFIN Corp (PFX)

Role
Chairman & Chief Exec. Officer, Director
Signature
/s/ David A. Lorber
Stock symbol
PFX
Transactions as of
Mar 16, 2022
Transactions value $
$123,775
Form type
4
Date filed
3/18/2022, 05:08 PM
Previous filing
Feb 24, 2022
Next filing
Apr 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PFX Common Stock, $0.001 par value Purchase $124K +3.15K +7.17% $39.24 47.2K Mar 16, 2022 Direct F1
holding PFX Common Stock, $0.001 par value 1K Mar 16, 2022 By spouse
holding PFX Common Stock, $0.001 par value 81.7K Mar 16, 2022 By FrontFour Master Fund, Ltd. F2
holding PFX Common Stock, $0.001 par value 2.09K Mar 16, 2022 By FrontFour Opportunity Fund F3
* 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. These shares were purchased in multiple transactions at prices ranging from $39.04 to $39.28, inclusive. The reporting person undertakes to provide to PhenixFIN Corporation, any security holder of PhenixFIN Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
F2 Shares owned directly by FrontFour Master Fund, Ltd. ("FrontFour Master Fund") and indirectly by David A. Lorber by virtue of his position as a managing member and principal owner of the investment manager of FrontFour Master Fund. Mr. Lorber disclaims beneficial ownership of the shares owned directly by FrontFour Master Fund except to the extent of his pecuniary interest therein.
F3 Shares owned directly by FrontFour Opportunity Fund ("FrontFour Opportunity Fund") and indirectly by David A. Lorber by virtue of his position as a principal owner of the investment manager of FrontFour Opportunity Fund. Mr. Lorber disclaims beneficial ownership of the shares owned directly by FrontFour Opportunity Fund except to the extent of his pecuniary interest therein.