Paul J. Isaac - May 19, 2022 Form 4 Insider Report for Stereotaxis, Inc. (STXS)

Role: Director, Other*
Signature: /s/ Paul J. Isaac
Stock symbol: STXS
Transactions as of: May 19, 2022
Transactions value $: $77,725
Form type: 4
Date filed: 5/23/2022, 03:18 PM
Previous filing: May 19, 2022
Next filing: May 25, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	STXS	Common Stock	Purchase	$26.5K	+14.8K	+0.6%	$1.79	2.47M	May 19, 2022	See Footnote	F1
transaction	STXS	Common Stock	Purchase	$51.2K	+28.4K	+1.15%	$1.80	2.5M	May 20, 2022	See Footnote	F1
holding	STXS	Common Stock						26K	May 19, 2022	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") as well as certain managed accounts (the "Managed Accounts"). Mr. Isaac controls Arbiter, as well as the Managed Accounts. The securities reported as beneficially owned by Mr. Isaac include the securities beneficially owned by the Fund and the Managed Accounts. 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.

Content

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") as well as certain managed accounts (the "Managed Accounts"). Mr. Isaac controls Arbiter, as well as the Managed Accounts. The securities reported as beneficially owned by Mr. Isaac include the securities beneficially owned by the Fund and the Managed Accounts. 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.

Remarks:

Ross B. Levin, the Director of Research at Arbiter, serves on the board of directors (the "Board") of the Issuer. Mr. Levin does not serve on Board pursuant to any agreement between Arbiter and the Issuer. Accordingly, this Form 4 is being filed as a matter of caution, and without conceding that Mr. Isaac, Arbiter or the Fund is an insider of the Issuer for purposes of Section 16 of the Securities Exchange Act of 1934, as amended.