Howard Weitzman - 08 Feb 2023 Form 4 Insider Report for B. Riley Financial, Inc. (RILY)

Role
SVP, Chief Accounting Officer
Signature
/s/ Howard Weitzman
Issuer symbol
RILY
Transactions as of
08 Feb 2023
Net transactions value
-$66,484
Form type
4
Filing time
10 Feb 2023, 15:09:50 UTC
Previous filing
14 Feb 2023
Next filing
28 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RILY Common Stock Award $16,715 +575 +1.9% $29.07 30,473 30 Dec 2022 Direct F1
transaction RILY Common Stock Options Exercise +20,000 +66% 50,473 08 Feb 2023 Direct F2
transaction RILY Common Stock Tax liability $83,200 -2,101 -4.2% $39.60 48,372 08 Feb 2023 Direct
holding RILY Common Stock 7,500 08 Feb 2023 See Footnote F3

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
transaction RILY Performance Restricted Stock Units Options Exercise $0 -20,000 -100% $0.000000* 0 08 Feb 2023 Common Stock 20,000 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares acquired under the provisions of the B. Riley Financial, Inc. 2018 Employee Stock Purchase Plan in a transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c).
F2 Each performance restricted stock unit represented the right to receive a share of Common Stock following the Issuer achieving a certain Total Shareholder Return within three (3) years of the grant date.
F3 Held by self-directed 401(k) Plan.