Paul J. Isaac - 23 May 2022 Form 4 Insider Report for Stereotaxis, Inc. (STXS)

Role
Director, Other*
Signature
/s/ Paul J. Isaac
Issuer symbol
STXS
Transactions as of
23 May 2022
Net transactions value
+$25,984
Form type
4
Filing time
25 May 2022, 13:09:52 UTC
Previous filing
23 May 2022
Next filing
01 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STXS Common Stock Purchase $7,998 +4,300 +0.17% $1.86 2,504,291 23 May 2022 See Footnote F1
transaction STXS Common Stock Purchase $17,986 +9,992 +0.4% $1.80 2,514,283 24 May 2022 See Footnote F1
holding STXS Common Stock 26,000 23 May 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.

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.