DENNIS ACKERMAN - 15 Mar 2024 Form 4 Insider Report for BEL FUSE INC /NJ (BELFA)

Signature
/s/ Lloyd Jeglikowski, Attorney-in-Fact
Issuer symbol
BELFA
Transactions as of
15 Mar 2024
Net transactions value
$0
Form type
4
Filing time
15 Mar 2024, 08:19:20 UTC
Previous filing
05 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BELFB Class B Common Stock Award $0 +5,276 +70% $0.000000 12,776 15 Mar 2024 Direct F1
holding BELFB Class A Common Stock 28 15 Mar 2024 By 401(k) plan F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Ackerman was granted 5,276 restricted shares of Class B Common Stock on March 15, 2024. The restricted shares vest as follows: 1,759 shares vest as of March 15, 2025; 1,759 shares vest as of March 15, 2026; and 1,758 shares vest as of March 15, 2027.
F2 The number of shares held in the 401(k) plan is estimated.