DENNIS ACKERMAN - 15 Nov 2021 Form 4 Insider Report for BEL FUSE INC /NJ (BELFA)

Role
Vice President - Operations
Signature
/s/ Lloyd Jeglikowski, Attorney-in-Fact
Issuer symbol
BELFA
Transactions as of
15 Nov 2021
Net transactions value
$0
Form type
4
Filing time
17 Nov 2021, 13:46:18 UTC
Next filing
05 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BELFB Class B Common Stock Award $0 +10,000 +100% $0.000000 20,000 15 Nov 2021 Direct F2
holding BELFB Class B Common Stock 6,619 15 Nov 2021 By 401(k) Plan F1
holding BELFB Class A Common Stock 4,113 15 Nov 2021 By 401(k) Plan F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The number of shares held in the 401(k) Plan is estimated.
F2 Mr. Ackerman was granted 10,000 restricted shares of Class B Common Stock on November 15, 2021. The restricted shares vest as follows: 2,500 shares vest as of November 15, 2023; 2,500 shares vest as of November 15, 2024; 2,500 shares vest as of November 15, 2025; and 2,500 shares vest as of November 15, 2026.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney