Robert Robotti - Jul 31, 2023 Form 4 Insider Report for AMREP CORP. (AXR)

Role
Director
Signature
/s/ Robert E. Robotti
Stock symbol
AXR
Transactions as of
Jul 31, 2023
Transactions value $
$28,951
Form type
4
Date filed
7/31/2023, 05:12 PM
Previous filing
Jul 28, 2023
Next filing
Aug 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXR Common Stock, $0.10 Par Value Purchase $29K +1.75K +0.62% $16.52 287K Jul 31, 2023 See Footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This amount includes 156,636 shares of the Common Stock, $0.10 par value (the "Common Stock") directly owned by The Ravenswood Investment Company, LP ("RIC") and 129,869 shares of the Common Stock directly owned by Ravenswood Investments III, L.P. ("RI").
F2 Mr. Robotti may be deemed to beneficially own (solely for the purpose of Rule 16a-1(a)(2) under the Securities Exchange Act of 1934, as amended ("Exchange Act")) certain of the shares of Common Stock set forth in this Form 4 as managing director of Ravenswood Management Company, LLC, which serves as the general partner of RIC and RI. Mr. Robotti disclaims beneficial ownership of all securities reported herein except to the extent of any pecuniary interest therein, if any.