East Asset Management, LLC - 10 Dec 2021 Form 4 Insider Report for RAND CAPITAL CORP (RAND)

Role: 10%+ Owner
Signature: /s/ Daniel Penberthy on behalf of Adam Samuel Gusky (2)
Issuer symbol: RAND
Transactions as of: 10 Dec 2021
Net transactions value: +$162,750
Form type: 4
Filing time: 13 Dec 2021, 17:50:45 UTC
Previous filing: 06 Dec 2021
Next filing: 22 Aug 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RAND	Common Stock	Purchase	$64,400	+3,680	+0.22%	$17.50	1,652,592	10 Dec 2021	Direct	F1
transaction	RAND	Common Stock	Purchase	$98,350	+5,620	+0.34%	$17.50	1,658,212	13 Dec 2021	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Adam Gusky may be deemed to have voting and dispositive power over these shares due to his position as chief investment officer of East Asset Management, LLC ("East"). Mr. Gusky disclaims beneficial ownership over the shares held by East.

Remarks:

(2) Daniel Penberthy is signing on behalf of Mr. Gusky pursuant to a power of attorney dated December 1, 2021, which was previously filed with the Securities and Exchange Commission as an exhibit to the Form 4 that Mr. Gusky filed on December 6, 2021.