Herbert Hunt Allred - Jan 1, 2023 Form 4 Insider Report for Arena Group Holdings, Inc. (AREN)

Role
Director
Signature
/s/ Herbert Hunt Allred
Stock symbol
AREN
Transactions as of
Jan 1, 2023
Transactions value $
$248,320
Form type
4
Date filed
3/31/2023, 09:22 AM
Previous filing
Jan 3, 2023
Next filing
Mar 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AREN Common Stock Award $0 +4.45K +20.11% $0.00 26.6K Jan 1, 2023 Direct F1
transaction AREN Common Stock Purchase $124K +32K +73.6% $3.88 75.5K Mar 31, 2023 Allred 2002 Trust - HHA F2, F3
transaction AREN Common Stock Purchase $124K +32K +73.6% $3.88 75.5K Mar 31, 2023 Allred 2002 Trust - NLA F2, F4
holding AREN Common Stock 64.7K Jan 1, 2023 Redcap Investment, LP F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of restricted stock units granted to the reporting person on the transaction date. One-twelfth of the award vests ratably on the last calendar day of each month of the 2023 calendar year, subject to the reporting person's continued service to the Issuer on each applicable vesting date.
F2 On March 31, 2023, the reporting person acquired indirect beneficial ownership of these shares of Common Stock from the Issuer in a transaction approved in advance by the board of directors of the Issuer.
F3 Brittny Allred, Mr. Allred's spouse, is Trustee of this irrevocable trust, of which Mr. Allred is a beneficiary.
F4 Brittny Allred, Mr. Allred's spouse, is Trustee of this irrevocable trust, of which Nancy Allred Collins, Mr. Allred's sister, is a beneficiary.
F5 Mr. Allred is a 25% owner of Redcap Investments, LP. Mr. Allred is currently President of its General Partner, Redcap Investments Management, LLC.