Robert Robotti - Dec 31, 2021 Form 4 Insider Report for AMREP CORP. (AXR)

Role
Director
Signature
/s/ Robert E. Robotti
Stock symbol
AXR
Transactions as of
Dec 31, 2021
Transactions value $
$0
Form type
4
Date filed
1/3/2022, 03:31 PM
Previous filing
Dec 3, 2021
Next filing
Jan 5, 2022

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 AXR Deferred Stock Units Award $0 +1.97K +13.41% $0.00 16.7K Dec 31, 2021 Common stock, $.10 par value 1.97K $0.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These deferred stock units vest immediately upon grant. Each deferred stock unit represents the right to receive one share of the Issuer's common stock, which will be distributed within 30 days after the first day of the month to follow the grantee's termination of service as a director of the Issuer.