David Polinsky - 28 Jan 2023 Form 3 Insider Report for Rafael Holdings, Inc. (RFL)

Role
Chief Financial Officer
Signature
Joyce J Mason, by Power of Attorney
Issuer symbol
RFL
Transactions as of
28 Jan 2023
Net transactions value
$0
Form type
3
Filing time
30 Jan 2023, 10:19:12 UTC
Previous filing
24 Sep 2021
Next filing
26 Sep 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding RFL Class B Common Stock, par value $.01 per share 130,780 28 Jan 2023 Direct F1

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

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding RFL Employee Stock Option (right to buy) 28 Jan 2023 Class B Common Stock 50,000 $4.57 Direct F2
holding RFL Employee Stock Option (right to buy) 28 Jan 2023 Class B Common Stock 50,000 $2.10 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of 17,864 fully vested restricted shares and 112,916 unvested restricted shares that vest as follows: 5,416 on September 23, 2023; 25,000 on December 21, 2023; 6,250 on each of March 21, 2024, June 21, 2024 and September 21, 2024; 3,750 on September 23, 2024; 6,250 on each of December 21, 2024, March 21, 2025, June 21, 2025 and September 21, 2025; 3,750 on September 23, 2025; and 6,250 on each of December 21, 2025, March 21, 2025, June 21, 2026, September 21, 2026 and December 21, 2026.
F2 The option vests as follows: 12,500 on January 19, 2023 and 3,125 on each of April 19, 2023, July 19, 2023, October 19, 2023, January 19, 2024, April 19, 2024, July 19, 2024, October 19, 2024, January 19, 2025, April 19, 2025, July 19, 2025, October 19, 2025 and January 19, 2026.
F3 The option vests as follows: 12,500 on January 23, 2024 and 3,125 on each of April 23, 2024, July 23, 2024, October 23, 2024, January 23, 2025, April 23, 2025, July 23, 2025, October 23, 2025, January 23, 2026, April 23, 2026, July 23, 2026, October 23, 2026 and January 23, 2027.