Farouq Salem Ali Tuweiq - Sep 13, 2021 Form 4 Insider Report for BEL FUSE INC /NJ (BELFB)

Role
Chief Financial Officer
Signature
/s/ Lloyd Jeglikowski, Attorney-in-Fact
Stock symbol
BELFB
Transactions as of
Sep 13, 2021
Transactions value $
$17,772
Form type
4
Date filed
9/14/2021, 12:03 PM
Previous filing
Aug 11, 2021
Next filing
Nov 29, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BELFB Class A Common Stock Purchase $11.2K +750 +100% $14.89 1.5K Sep 13, 2021 Direct F2
transaction BELFB Class B Common Stock Purchase $6.61K +500 +5% $13.21 10.5K Sep 13, 2021 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 10,000 restricted shares of Class B Common Stock granted to Mr. Tuweiq on May 15, 2021. The restricted shares vest as follows: 2,500 shares vest as of May 15, 2023; 2,500 shares vest as of May 15, 2024; 2,500 shares vest as of May 15, 2025; and 2,500 shares vest as of May 15, 2026.
F2 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $14.81 to $14.9289 per share, inclusive. The reporting person undertakes to provide to Bel Fuse Inc., any security holder of Bel Fuse Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F3 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $13.20 to $13.24 per share, inclusive. The reporting person undertakes to provide to Bel Fuse Inc., any security holder of Bel Fuse Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.