Jonathan Brolin - Oct 31, 2023 Form 4 Insider Report for FREQUENCY ELECTRONICS INC (FEIM)

Signature
/s/ Jonathan Brolin
Stock symbol
FEIM
Transactions as of
Oct 31, 2023
Transactions value $
-$35,399
Form type
4
Date filed
11/4/2024, 06:46 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FEIM Common Stock Award $0 +26.8K $0.00 26.8K Oct 31, 2023 Direct F4, F6
transaction FEIM Common Stock Tax liability -$35.4K -2.81K -10.46% $12.62 24K Oct 31, 2024 Direct F5, F6
holding FEIM Common Stock 272K Oct 31, 2023 See footnotes F2, F3, F6
holding FEIM Common Stock 1.6M Oct 31, 2023 See footnotes F1, F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities are held by Edenbrook Long Only Value Fund, LP, a private fund managed by Edednbrook Capital, LLC and may be deemed to be beneficially owned by Edenbrook Capital, LLC by virtue of its role as the investment manager of such private fund. In addition, Jonathan Brolin may be deemed to be a beneficial owner of such securities by virtue of his role as managing member of Edenbrook Capital, LLC.
F2 These securities are held in the account of a private fund managed by Edenbrook Capital, LLC and may be deemed to be beneficially owned by Edenbrook Capital, LLC by virtue of its role as the investment manager of such private funds. In addition, Jonathan Brolin may be deemed to be a beneficial owner of such securities by virtue of his role as managing member of Edenbrook Capital, LLC.
F3 Each Reporting Person disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of its or his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
F4 Restricted stock units granted on 10/31/2023 vest in four equal annual installments commencing October 31, 2024.
F5 Shares withheld to cover tax obligations.
F6 Reflects reporting person's beneficial ownership as of 11/4/2024