Andrew Africk - Nov 15, 2023 Form 4 Insider Report for CVD EQUIPMENT CORP (CVV)

Role
10%+ Owner
Signature
/s/ Andrew Africk
Stock symbol
CVV
Transactions as of
Nov 15, 2023
Transactions value $
$820,782
Form type
4
Date filed
11/17/2023, 01:59 PM
Previous filing
Aug 23, 2023
Next filing
Dec 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVV Common Stock Purchase $348K +62K +6.75% $5.61 981K Nov 16, 2023 See Explanation Note F1, F2
transaction CVV Common Stock Purchase $473K +85.8K +10.31% $5.51 919K Nov 15, 2023 See Explanation Note F2, 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 $5.51 to $5.62, 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 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 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 $5.11 to $5.75, 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.