Lynn Hutkin - 15 Nov 2022 Form 4 Insider Report for BEL FUSE INC /NJ (BELFA)

Signature
/s/ Lloyd Jeglikowski, Attorney-in-Fact
Issuer symbol
BELFA
Transactions as of
15 Nov 2022
Net transactions value
$0
Form type
4
Filing time
17 Nov 2022, 10:34:33 UTC
Previous filing
06 Aug 2021
Next filing
15 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BELFB Class B Common Stock Award $0 +8,000 +98% $0.000000 16,127 15 Nov 2022 Direct F1
holding BELFB Class A Common Stock 2,269 15 Nov 2022 by 401(k) plan F2
holding BELFB Class B Common Stock 134 15 Nov 2022 by 401(k) plan F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Ms. Hutkin was granted 8,000 restricted shares of Class B Common Stock on November 15, 2022. The restricted shares vest as follows: 2,000 shares vest as of November 15, 2024; 2,000 shares vest as of November 15, 2025; 2,000 shares vest as of November 15, 2026; and 2,000 shares vest as of November 15, 2027.
F2 Share holdings within the 401(k) plan are estimated.