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

Role: Director
Signature: /s/ William Mirabito
Stock symbol: CNIG
Transactions as of: Jul 6, 2022
Transactions value $: -$2,092,365
Form type: 4
Date filed: 7/6/2022, 04:34 PM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CNIG	Common Stock	Disposed to Issuer	-$2.09M	-84.5K	-100%	$24.75	0	Jul 6, 2022	Direct	F1
transaction	CNIG	Series A Preferred Stock	Disposed to Issuer		-17.9K	-100%		0	Jul 6, 2022	Direct	F2
transaction	CNIG	Series B Preferred Stock	Disposed to Issuer		-1.35K	-100%		0	Jul 6, 2022	Direct	F3

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

William 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 17,696 shares of restricted stock and 1,775 shares acquired through the company's Dividend Reinvestment Program.
F2	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.
F3	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.