Brian J. Cobb - Mar 1, 2023 Form 4/A - Amendment Insider Report for Heritage Global Inc. (HGBL)

Role
CFO
Signature
/s/Brian J. Cobb
Stock symbol
HGBL
Transactions as of
Mar 1, 2023
Transactions value $
-$20,389
Form type
4/A - Amendment
Date filed
4/11/2023, 12:18 PM
Date Of Original Report
Mar 17, 2023
Previous filing
Feb 9, 2023
Next filing
Mar 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HGBL Common Stock Award $0 +19.8K +27.74% $0.00 91K Mar 1, 2023 Direct F1, F2
transaction HGBL Common Stock Tax liability -$20.4K -8.06K -8.85% $2.53 83K Mar 1, 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 17, 2023 the reporting person filed a Form 4 erroneously reporting the share price of $2.57 per share on disposed shares of common stock. The correct price per share is $2.53. This amendment is being filed to correct the share price, total shares of common stock issued and total shares of common stock withheld by the issuer in order to satisfy the persons payroll tax liability. As a result of the error described above, 308 shares were omitted from Table I, Column 4 and 125 shares were omitted from Column 5. The correct number shares of common stock issued is 19,763 and the correct number of shares of common stock withheld by the issuer is 8,059.
F2 These shares are restricted and will vest in full on March 1, 2024.