Howard S. Jonas - 06 Jul 2022 Form 4 Insider Report for Rafael Holdings, Inc. (RFL)

Signature
Joyce J. Mason by Power of Attorney
Issuer symbol
RFL
Transactions as of
06 Jul 2022
Net transactions value
+$5,999,999
Form type
4
Filing time
07 Jul 2022, 15:54:43 UTC
Previous filing
16 Jun 2022
Next filing
09 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RFL Class B Common Stock, par value $.01 per share Purchase $5,999,999 +3,225,806 +2866% $1.86 3,338,367 06 Jul 2022 By I9 Plus, LLC F1, F2
holding RFL Class B Common Stock, par value $.01 per share 452,130 06 Jul 2022 Direct F3
holding RFL Class B Common Stock, par value $.01 per share 778 06 Jul 2022 Custodial for Daughter (Miriam)
holding RFL Class B Common Stock, par value $.01 per share 98,820 06 Jul 2022 By The Jonas Foundation
holding RFL Class B Common Stock, par value $.01 per share 2,106 06 Jul 2022 By IDT Corporation's 401(k) Plan F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Purchase of shares from the Issuer in a private placement.
F2 Owned by trusts for the benefit of the Reporting Person's children, and managed by Reporting Person's immediate family member.
F3 Consists of Restricted Stock that vests as follows: 33,245 shares on each of September 13, 2022, December 13, 2022 and March 13, 2023; 192,820 shares on June 13, 2023; and 159,575 shares on June 13, 2024.
F4 As of June 30, 2022.