Paul J. Isaac - 01 Jun 2021 Form 4 Insider Report for Stereotaxis, Inc. (STXS)

Role
10%+ Owner
Signature
/s/ Paul J. Isaac
Issuer symbol
STXS
Transactions as of
01 Jun 2021
Net transactions value
-$14,500,000
Form type
4
Filing time
03 Jun 2021, 16:45:32 UTC
Next filing
16 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STXS Common Stock Sale $14,500,000 -2,000,000 -48% $7.25 2,208,952 01 Jun 2021 See Footnote F1
holding STXS Common Stock 26,000 01 Jun 2021 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Securities beneficially owned by Arbiter Partners Capital Management LLC ("Arbiter"). Arbiter is a registered investment adviser that manages and/or administers Arbiter Partners QP LP, an affiliated investment fund (the "Fund"). Mr. Isaac controls Arbiter. The securities reported as beneficially owned by Mr. Isaac include the securities beneficially owned by the Fund. Mr. Isaac, Arbiter and the Fund have filed a Statement on Schedule 13G with respect to the common stock of the Issuer. Mr. Isaac disclaims beneficial ownership of these securities for all purposes of Section 16 of the Securities Exchange Act of 1934, as amended, except to the extent of his pecuniary interest therein.