Mark E. Schwarz - 31 May 2022 Form 4 Insider Report for HALLMARK FINANCIAL SERVICES INC

Role: Chairman & CEO, Director, 10%+ Owner
Signature: Steven D. Davidson as Attorney-in-Fact for each Reporting Person
Issuer symbol: N/A
Transactions as of: 31 May 2022
Net transactions value: +$1,049
Form type: 4
Filing time: 02 Jun 2022, 16:48:28 UTC
Previous filing: 26 May 2022
Next filing: 09 Jun 2022
SEC: View on sec.gov

Key filing fact

Mark E. Schwarz filed Form 4 for HALLMARK FINANCIAL SERVICES INC on 02 Jun 2022.

Key facts

This page summarizes Mark E. Schwarz's Form 4 filing for HALLMARK FINANCIAL SERVICES INC.
1 reported transaction and 2 derivative rows are listed below.
Filing timestamp: 02 Jun 2022, 16:48.

Change

Previous filing in this sequence was filed on 26 May 2022.
Current net transaction value: +$1,049.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

This filing has been restated, see here for the amended filing

Transactions Table

HALL transaction

Common Stock

Purchase

Transaction value: $1,049
Shares: +1,179
Change %: +0.04%
Price: $0.8900
Shares after: 3,079,873
Date: 31 May 2022
Ownership: Directly owned by Newcastle Partners, L.P.
Footnotes: F1

HALL holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 140,691
Date: 31 May 2022
Ownership: Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

HALL holding Derivative

Director Stock Option (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 40,000
Date: 31 May 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 40,000
Exercise price: $3.95

HALL holding Derivative

Director Stock Option (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 15,000
Date: 31 May 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 15,000
Exercise price: $3.11

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

Explanation of Responses:

Id	Content
F1	Mr. Schwarz is the sole trustee of the Schwarz 2012 Family Trust (the "Trust") and a director and officer of NCM Services, Inc. ("NCMS"). The Trust is the sole shareholder of NCMS, which is the sole member of Newcastle Capital Group, L.L.C. ("NCG"), which is the general partner of Newcastle Capital Management, L.P. ("NCM"), which is the general partner of Newcastle Partners, L.P. ("NP"). Accordingly, Mr. Schwarz may be deemed the beneficial owner of all shares held by any of the Trust, NCMS, NCG, NCM or NP.

Content

Mr. Schwarz is the sole trustee of the Schwarz 2012 Family Trust (the "Trust") and a director and officer of NCM Services, Inc. ("NCMS"). The Trust is the sole shareholder of NCMS, which is the sole member of Newcastle Capital Group, L.L.C. ("NCG"), which is the general partner of Newcastle Capital Management, L.P. ("NCM"), which is the general partner of Newcastle Partners, L.P. ("NP"). Accordingly, Mr. Schwarz may be deemed the beneficial owner of all shares held by any of the Trust, NCMS, NCG, NCM or NP.