Daniel Bernstein - Mar 1, 2023 Form 4 Insider Report for BEL FUSE INC /NJ (BELFB)

Role: President and CEO, Director
Signature: /s/ Lloyd Jeglikowski, Attorney-in-Fact
Stock symbol: BELFB
Transactions as of: Mar 1, 2023
Transactions value $: $0
Form type: 4
Date filed: 3/8/2023, 02:57 PM
Previous filing: Nov 17, 2022
Next filing: Sep 5, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BELFB	Class B Common Stock	Other	$0	+19.7K	+115.28%	$0.00	36.8K	Mar 1, 2023	Direct	F2
holding	BELFB	Class B Common Stock						10.8K	Mar 1, 2023	By 401(k) plan	F1
holding	BELFB	Class B Common Stock						4.27K	Mar 1, 2023	By wife
holding	BELFB	Class A Common Stock						376K	Mar 1, 2023	Direct
holding	BELFB	Class A Common Stock						5.65K	Mar 1, 2023	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	Represents shares of Bel Fuse Inc. Class B Common Stock received as a pro rata liquidating distribution from a family limited liability company of which the reporting person was a minority non-managing member. Such distribution is exempt from Section 16(a) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), pursuant to Rule 16a-9(a), and is exempt from Section 16(b) of the Exchange Act pursuant to Rule 16a-10.

Content

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

Represents shares of Bel Fuse Inc. Class B Common Stock received as a pro rata liquidating distribution from a family limited liability company of which the reporting person was a minority non-managing member. Such distribution is exempt from Section 16(a) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), pursuant to Rule 16a-9(a), and is exempt from Section 16(b) of the Exchange Act pursuant to Rule 16a-10.