William Conkling - 25 Oct 2023 Form 4 Insider Report for Rafael Holdings, Inc. (RFL)

Role: Chief Executive Officer
Signature: Joyce J. Mason, by Power of Attorney
Issuer symbol: RFL
Transactions as of: 25 Oct 2023
Net transactions value: +$60,600
Form type: 4
Filing time: 26 Oct 2023, 16:10:14 UTC
Previous filing: 22 Sep 2023
Next filing: 30 Nov 2023
SEC: View on sec.gov

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	$60,600	+40,000	+7.6%	$1.52	563,119	25 Oct 2023	Direct	F1, F2

* 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: 10,000 shares on each of October 25, 2024, October 25, 2025, October 25, 2026 and October 25, 2027.
F2	Consists of 146,955 shares of stock held directly, 25,314 fully vested shares of Restricted Stock and 390,850 shares of unvested Restricted Stock that vest as follows: 38,983 shares to vest quarterly, December 21, 2023 through September 21, 2025, and 38,986 shares to vest on December 21, 2025; and 10,000 shares to vest on each of October 25, 2024, October 25, 2025, October 25, 2026 and October 25, 2027.

Content

Grant of Restricted Stock that vests as follows: 10,000 shares on each of October 25, 2024, October 25, 2025, October 25, 2026 and October 25, 2027.

Consists of 146,955 shares of stock held directly, 25,314 fully vested shares of Restricted Stock and 390,850 shares of unvested Restricted Stock that vest as follows: 38,983 shares to vest quarterly, December 21, 2023 through September 21, 2025, and 38,986 shares to vest on December 21, 2025; and 10,000 shares to vest on each of October 25, 2024, October 25, 2025, October 25, 2026 and October 25, 2027.