Howard S. Jonas - Aug 28, 2023 Form 4 Insider Report for Rafael Holdings, Inc. (RFL)

Role
Executive Chairman, Director
Signature
Joyce J. Mason by Power of Attorney
Stock symbol
RFL
Transactions as of
Aug 28, 2023
Transactions value $
$250,000
Form type
4
Date filed
8/30/2023, 09:30 AM
Previous filing
Aug 15, 2023
Next filing
Sep 14, 2023

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 Award $250K +111K +24.64% $2.24 564K Aug 28, 2023 Direct F1, F2
holding RFL Class B Common Stock, par value $.01 per share 3.23M Aug 28, 2023 By I9 Plus, LLC F3
holding RFL Class B Common Stock, par value $.01 per share 778 Aug 28, 2023 Custodial for Daughter (Miriam)
holding RFL Class B Common Stock, par value $.01 per share 98.8K Aug 28, 2023 By The Jonas Foundation
holding RFL Class B Common Stock, par value $.01 per share 2.11K Aug 28, 2023 By IDT Corporation's 401(k) Plan F4
holding RFL Class A Common Stock, par value $.01 per share 787K Aug 28, 2023 Rafael A Partners, L.P. F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of Restricted Stock that vests as follows: 27,852 shares on each of September 13, 2023, December 13, 2023, March 13, 2024 and June 13, 2024.
F2 Consists of 292,555 fully vested restricted shares of stock and 270,983 unvested restricted shares of stock that vest as follows: 27,852 shares on each of September 13, 2023, December 13, 2023 and March 13, 2024, and 187,427 shares on June 13, 2024.
F3 Owned by trusts for the benefit of the Reporting Person's children, and managed by Reporting Person's immediate family member.
F4 As of July 31, 2023.
F5 The Reporting Person is the sole manager of the sole general partner of the limited partnership and, therefore, has sole voting and dispositive power over the shares of Class A common stock held by the limited partnership.