Joseph P. Mirabito - Jul 6, 2022 Form 4 Insider Report for Corning Natural Gas Holding Corp (CNIG)

Role: Director
Signature: /s/ Joseph P. Mirabito
Stock symbol: CNIG
Transactions as of: Jul 6, 2022
Transactions value $: -$1,646,568
Form type: 4
Date filed: 7/6/2022, 04:33 PM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CNIG	Common Stock	Disposed to Issuer	-$1.65M	-66.5K	-100%	$24.75	0	Jul 6, 2022	Direct	F1, F2
transaction	CNIG	Series A Preferred Stock	Disposed to Issuer		-10.9K	-100%		0	Jul 6, 2022	Direct	F3, F4
transaction	CNIG	Series B Preferred Stock	Disposed to Issuer		-102	-100%		0	Jul 6, 2022	Direct	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Joseph P. Mirabito is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	Common Stock included 21,450 shares of restricted stock.
F2	4,791 shares of Common Stock were held jointly with his spouse. Mr. Mirabito disclaims beneficial ownership of the shares owned by his wife except to the extent of his pecuniary interest in them.
F3	Pursuant to that certain merger agreement with ACP Crotona Corp. and ACP Crotona Merger Sub Corp., Mr. Mirabito received an amount equal to $25.00 per share of Series A Preferred Stock plus an amount equal to any accumulated unpaid dividends then outstanding.
F4	102 shares of Series B Preferred Stock were held jointly with his spouse. Mr. Mirabito disclaims beneficial ownership of the shares owned by his wife except to the extent of his pecuniary interest in them.
F5	Pursuant to that certain merger agreement with ACP Crotona Corp. and ACP Crotona Merger Sub Corp., Mr. Mirabito received an amount equal to $29.70 per share of Series B Preferred Stock consisting of $24.90 in respect of the Series B Preferred Stock liquidation preference and $4.80 in respect of the conversion right of the holders of the Series B Preferred Stock, plus an amount equal to any accumulated unpaid dividends then outstanding.