Robert Robotti - Oct 11, 2023 Form 4 Insider Report for AMREP CORP. (AXR)

Role
Director, 10%+ Owner
Signature
/s/ Robert E. Robotti
Stock symbol
AXR
Transactions as of
Oct 11, 2023
Transactions value $
$487,371
Form type
4
Date filed
10/13/2023, 05:39 PM
Previous filing
Oct 5, 2023
Next filing
Oct 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXR Common Stock, $0.001 Par Value Per Share Purchase $627 +38 +0.01% $16.50 290K Oct 11, 2023 See Footnote F1, F7
transaction AXR Common Stock, $0.001 Par Value Per Share Purchase $396 +24 +0.01% $16.50 290K Oct 11, 2023 See Footnote F2, F7
transaction AXR Common Stock, $0.001 Par Value Per Share Purchase $141K +8.59K +2.97% $16.39 298K Oct 12, 2023 See Footnote F3, F7
transaction AXR Common Stock, $0.001 Par Value Per Share Purchase $86.3K +5.27K +1.77% $16.39 304K Oct 12, 2023 See Footnote F4, F7
transaction AXR Common Stock, $0.001 Par Value Per Share Purchase $161K +9.74K +3.21% $16.50 313K Oct 13, 2023 See Footnote F5, F7
transaction AXR Common Stock, $0.001 Par Value Per Share Purchase $98.5K +5.97K +1.91% $16.50 319K Oct 13, 2023 See Footnote F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This amount includes 158,632 shares of the Common Stock, $0.10 par value (the "Common Stock") directly owned by The Ravenswood Investment Company, LP ("RIC") and 131,068 shares of the Common Stock directly owned by Ravenswood Investments III, L.P. ("RI").
F2 This amount includes 158,632 shares of the Common Stock, directly owned by RIC and 131,092 shares of the Common Stock directly owned by RI.
F3 This amount includes 167,225 shares of the Common Stock, directly owned by RIC and 131,092 shares of the Common Stock directly owned by RI.
F4 This amount includes 167,225 shares of the Common Stock, directly owned by RIC and 136,359 shares of the Common Stock directly owned by RI.
F5 This amount includes 176,967 shares of the Common Stock, directly owned by RIC and 136,359 shares of the Common Stock directly owned by RI.
F6 This amount includes 176,967 shares of the Common Stock, directly owned by RIC and 142,330 shares of the Common Stock directly owned by RI.
F7 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 member of Ravenswood Management Company, L.L.C., 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.