Andrew Africk - Oct 27, 2022 Form 4 Insider Report for CVD EQUIPMENT CORP (CVV)

Role
10%+ Owner
Signature
/s/ Andrew Africk
Stock symbol
CVV
Transactions as of
Oct 27, 2022
Transactions value $
$179,429
Form type
4
Date filed
10/31/2022, 02:48 PM
Previous filing
Sep 27, 2022
Next filing
Dec 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVV Common Stock Purchase $51.9K +8.52K +1.18% $6.09 730K Oct 28, 2022 See Explanation Note F1, F2
transaction CVV Common Stock Purchase $128K +21.9K +3.14% $5.81 722K Oct 27, 2022 See Explanation Note F3, 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. These shares were purchased in multiple transactions at prices ranging from $6.04 to $6.15, inclusive. For all transactions reported in this Form 4 utilizing a weighted-average price, the reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range.
F2 ADA Partners, L.P. ("Partners") is the direct beneficial owner of the 730,310 shares of Common Stock. The general partner of Partners is ADA Partners GP, LLC ("GP"), of which Andrew Africk is the sole member and manager. Andrew Africk, as the sole member and manager of GP, may be deemed to beneficially own the 730,310 shares of Common Stock beneficially owned by GP as a result of being the general partner of Partners. Africk disclaims beneficial ownership of the shares of Common Stock beneficially owned by GP, except to the extent of his pecuniary interest.
F3 The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $5.56 to $5.98, inclusive. For all transactions reported in this Form 4 utilizing a weighted-average price, the reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range.
F4 ADA Partners, L.P. ("Partners") is the direct beneficial owner of the 721,786 shares of Common Stock. The general partner of Partners is ADA Partners GP, LLC ("GP"), of which Andrew Africk is the sole member and manager. Andrew Africk, as the sole member and manager of GP, may be deemed to beneficially own the 721,786 shares of Common Stock beneficially owned by GP as a result of being the general partner of Partners. Africk disclaims beneficial ownership of the shares of Common Stock beneficially owned by GP, except to the extent of his pecuniary interest.