Daniel Asher - May 20, 2022 Form 4/A - Amendment Insider Report for B. Riley Financial, Inc. (RILY)

Role
10%+ Owner
Signature
Daniel Asher
Stock symbol
RILY
Transactions as of
May 20, 2022
Transactions value $
-$6,266,500
Form type
4/A - Amendment
Date filed
5/27/2022, 04:01 PM
Date Of Original Report
May 24, 2022
Previous filing
May 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RILY Common Stock Exercise of in-the-money or at-the-money derivative security -$55K -1.1K -0.08% $50.00 1.37M May 20, 2022 thru Sphinx Trading F3
transaction RILY Common Stock Exercise of in-the-money or at-the-money derivative security -$6.14M -123K -8.96% $50.00 1.25M May 20, 2022 thru Equitec Proprietary Markers, LLC F1, F3
transaction RILY Common Stock Exercise of in-the-money or at-the-money derivative security -$76.5K -1.7K -0.14% $45.00 1.25M May 20, 2022 thru Equitec Proprietary Markers, LLC F1, F3
holding RILY Common Stock 731K May 20, 2022 Thru AFOB FIP RILY, LLC F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 the reporting person controls 50% of the membership interest in Equitec Proprietary Markets, LLC
F2 AFO Blackberry, LLC is the managing member of AFOB FIP RILY, LLC and Daniel Asher is deemed to control AFO Blackberry, LLC
F3 This amendment is being made to correct the item 3 transaction code from S to X for the items set forth in table 1. These transactions were assignments on short call positions that were entered by Daniel Asher prior to the May, 13, 2022. In addition the price of the disposal (d) in item4 with respect to the 1,700 assigned shares held through Equitec Proprietary Markets has been corrected to $45
F4 This amendment also corrects the amount of securities beneficially owned (Item 5) through AFOB FIP RILY, LLC.