Edward B. Cloues II - Dec 30, 2022 Form 4 Insider Report for AMREP CORP. (AXR)

Role
Director
Signature
/s/ Christopher V. Vitale, as attorney-in-fact for Edward B. Cloues, II
Stock symbol
AXR
Transactions as of
Dec 30, 2022
Transactions value $
$0
Form type
4
Date filed
1/3/2023, 03:30 PM
Previous filing
Dec 16, 2022
Next filing
Mar 17, 2023

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 +2.6K +14.51% $0.00 20.5K Dec 30, 2022 Common stock, $.10 par value 2.6K $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.