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

Source evidence 4 source fields
Form type
4
Accepted by SEC
17 Nov 2021, 16:26:10 UTC
Next filing
07 Sep 2022
SEC filing
View on sec.gov
Reporting owner 1 detail
Reporting owner signature
/s/ Lloyd Jeglikowski, Attorney-in-Fact

Key filing fact

Daniel Bernstein filed Form 4 for BEL FUSE INC /NJ (BELFA) on 17 Nov 2021.

Key facts

  • This page summarizes Daniel Bernstein's Form 4 filing for BEL FUSE INC /NJ (BELFA).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 17 Nov 2021, 16:26.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: -$42,090.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BELFB transaction

Class B Common Stock

Award

Transaction value
$0
Shares
+12,000
Change %
+92%
Price
$0.000000
Shares after
25,075
Date
15 Nov 2021
Ownership
Direct
Footnotes
F2
BELFB transaction

Class B Common Stock

Sale

Transaction value
$42,090
Shares
-3,000
Change %
-12%
Price
$14.03
Shares after
22,075
Date
16 Nov 2021
Ownership
Direct
BELFB holding

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
10,909
Date
15 Nov 2021
Ownership
By 401(k) plan
Footnotes
F1
BELFB holding

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
4,265
Date
15 Nov 2021
Ownership
By wife
BELFB holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
376,095
Date
15 Nov 2021
Ownership
Direct
BELFB holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
5,380
Date
15 Nov 2021
Ownership
By 401(k) plan
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

The number of shares held in the 401(k) Plan is estimated.

Footnote F2

Mr. Bernstein was granted 12,000 restricted shares of Class B Common Stock on November 15, 2021. The restricted shares vest as follows: 3,000 shares vest as of November 15, 2023; 3,000 shares vest as of November 15, 2024; 3,000 shares vest as of November 15, 2025; and 3,000 shares vest as of November 15, 2026.

SEC remarks

This Form 4 reflects an adjustment to the reporting person's holdings to exclude certain shares previously included in prior reports but not attributable to the reporting person for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, consisting of (i) 55,074 shares of Class A Common Stock owned by a trust in which Mr. Bernstein is a beneficiary but does not serve as trustee and has no voting or investment power with respect to the shares, and (ii) 59,052 shares of Class B Common Stock owned by a family limited liability company of which Mr. Bernstein is a minority member but does not serve as managing member and has no voting or investment power with respect to the shares. Exhibit List: Exhibit 24 - Power of Attorney

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