Farouq Salem Ali Tuweiq - 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, 10:37:55 UTC
Previous filing
07 Sep 2022
Next filing
15 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BELFB Class B Common Stock Award $0 +20,000 +136% $0.000000 34,750 15 Nov 2022 Direct F2
holding BELFB Class A Common Stock 2,000 15 Nov 2022 Direct
holding BELFB Class A Common Stock 811 15 Nov 2022 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. Tuweiq was granted 20,000 restricted shares of Class B Common Stock on November 15, 2022. The restricted shares vest as follows: 5,000 shares vest as of November 15, 2024; 5,000 shares vest as of November 15, 2025; 5,000 shares vest as of November 15, 2026; and 5,000 shares vest as of November 15, 2027.