Raymond Cheung - 04 Aug 2022 Form 4 Insider Report for BEL FUSE INC /NJ (BELFA)

Signature
/s/ Lloyd Jeglikowski, Attorney-in-Fact
Issuer symbol
BELFA
Transactions as of
04 Aug 2022
Net transactions value
-$24,300
Form type
4
Filing time
05 Aug 2022, 16:39:20 UTC
Previous filing
17 Nov 2021
Next filing
12 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BELFB Class B Common Stock Sale $24,300 -1,000 -2.6% $24.30 37,000 04 Aug 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In connection with a plan restructuring, the stock fund under the Far East Retirement Plan (the "Plan") was eliminated. As a result, the 158 shares of Class A Common Stock and 825 shares of Class B Common Stock the reporting person previously reported as beneficially owned under the Plan were repurchased by the Issuer from the Plan in a transaction exempt pursuant to Rule 16b-3(c).