Phillip J. Ahn - 08 Feb 2023 Form 4 Insider Report for B. Riley Financial, Inc. (RILY)

Role: CFO & Chief Operating Officer
Signature: /s/ Phillip J. Ahn
Issuer symbol: RILY
Transactions as of: 08 Feb 2023
Net transactions value: -$442,966
Form type: 4
Filing time: 10 Feb 2023, 15:12:09 UTC
Previous filing: 03 Jun 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	+38%		274,353	08 Feb 2023	Direct	F1
transaction	RILY	Common Stock	Tax liability	$442,966	-11,186	-4.1%	$39.60	263,167	08 Feb 2023	Direct

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.