Eric Rosenfeld - 21 Feb 2023 Form 4 Insider Report for CPI AEROSTRUCTURES INC (CVU)

Role
Director
Signature
Eric Rosenfeld
Issuer symbol
CVU
Transactions as of
21 Feb 2023
Net transactions value
$0
Form type
4
Filing time
24 Feb 2023, 07:36:08 UTC
Previous filing
17 Feb 2023
Next filing
29 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVU Common Stock Disposed to Issuer $0 -19,687 -6% $0.000000 309,410 21 Feb 2023 Direct F1
holding CVU Common Stock 510,270 21 Feb 2023 By Crescendo Partners II, L.P. Series L F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Eric Rosenfeld is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Represents restricted shares forfeited on February 21, 2023 pursuant to the Restricted Stock Agreement between the Reporting Person and Issuer dated January 12, 2023 as a result of the Reporting Person's resignation from his role as a director of the Issuer.
F2 Mr. Rosenfeld is the senior managing member of Crescendo Investments II, LLC ("Crescendo Investments II"). Crescendo Investments II is the general partner of Crescendo Partners II, L.P. Series L ("Crescendo Partners II"). Mr. Rosenfeld and Crescendo Investments II disclaim beneficial ownership of the shares held by Crescendo Partners II, except to the extent of his or its pecuniary interest therein.