Kenneth M. Young - 08 Feb 2023 Form 4 Insider Report for B. Riley Financial, Inc. (RILY)

Role
President
Signature
/s/ Kenneth M. Young
Issuer symbol
RILY
Transactions as of
08 Feb 2023
Net transactions value
-$741,985
Form type
4
Filing time
10 Feb 2023, 15:11:24 UTC
Previous filing
14 Nov 2022
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 Options Exercise +75,000 +45% 241,898 08 Feb 2023 Direct F1
transaction RILY Common Stock Tax liability $741,985 -18,737 -7.7% $39.60 223,161 08 Feb 2023 Direct
holding RILY Common Stock 14,500 08 Feb 2023 See Note F2

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 -75,000 -100% $0.000000* 0 08 Feb 2023 Common Stock 75,000 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Held of record by the Kenneth M. Young Revocable Trust U/A 5/8/15.