Janet Carr - Jan 5, 2022 Form 4 Insider Report for TANDY LEATHER FACTORY INC (TLF)

Role: CEO, Director
Signature: Janet Carr
Stock symbol: TLF
Transactions as of: Jan 5, 2022
Transactions value $: $0
Form type: 4
Date filed: 1/10/2022, 05:01 PM
Previous filing: Oct 5, 2021
Next filing: Oct 5, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TLF	Common Stock	Purchase	$0	+27.2K	+9.57%	$0.00	312K	Jan 5, 2022	Direct	F1

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

Explanation of Responses:

Id	Content
F1	These shares were issued to Ms. Carr by the Company's Board of Directors under the Company's 2013 Restricted Stock Plan. The shares were granted as restoration for the value of base salary Ms. Carr voluntarily surrendered in mid-2020 while the Company's stores were all closed as a result of Covid-19. The Board determined to consider this restoration grant as such time as the Company was again current with filing its annual and quarterly financial statements.

Content

These shares were issued to Ms. Carr by the Company's Board of Directors under the Company's 2013 Restricted Stock Plan. The shares were granted as restoration for the value of base salary Ms. Carr voluntarily surrendered in mid-2020 while the Company's stores were all closed as a result of Covid-19. The Board determined to consider this restoration grant as such time as the Company was again current with filing its annual and quarterly financial statements.