Robert Robotti - Oct 24, 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 24, 2023
Transactions value $
$9,619
Form type
4
Date filed
10/26/2023, 05:22 PM
Previous filing
Oct 23, 2023
Next filing
Oct 31, 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 $446 +27 +0.01% $16.50 324K Oct 24, 2023 See Footnote F1, F5
transaction AXR Common Stock, $0.001 Par Value Per Share Purchase $281 +17 +0.01% $16.50 324K Oct 24, 2023 See Footnote F2, F5
transaction AXR Common Stock, $0.001 Par Value Per Share Purchase $5.52K +335 +0.1% $16.47 324K Oct 26, 2023 See Footnote F3, F5
transaction AXR Common Stock, $0.001 Par Value Per Share Purchase $3.38K +205 +0.06% $16.47 324K Oct 26, 2023 See Footnote F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This amount includes 179,765 shares of the Common Stock, $0.10 par value (the "Common Stock") directly owned by The Ravenswood Investment Company, LP ("RIC") and 144,028 shares of the Common Stock directly owned by Ravenswood Investments III, L.P. ("RI").
F2 This amount includes 179,765 shares of the Common Stock, directly owned by RIC and 144,045 shares of the Common Stock directly owned by RI.
F3 This amount includes 180,100 shares of the Common Stock, directly owned by RIC and 144,045 shares of the Common Stock directly owned by RI.
F4 This amount includes 180,100 shares of the Common Stock, directly owned by RIC and 144,250 shares of the Common Stock directly owned by RI.
F5 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.