Howard Timothy Eriksen - 28 Jun 2021 Form 4 Insider Report for SOLITRON DEVICES INC (SODI)

Signature
/s/ Tim Eriksen
Issuer symbol
SODI
Transactions as of
28 Jun 2021
Net transactions value
$0
Form type
4
Filing time
28 Oct 2021, 13:24:22 UTC
Next filing
25 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SODI Common Stock Will/Inheritance $0 +1,375 +2.7% $0.000000 52,640 28 Jun 2021 Direct F1, F2
holding SODI Common Stock 227,316 28 Jun 2021 See Footnote F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person inherited 1,375 shares of common stock from the estate of his mother. The shares were previously attributed to shares owned by managed accounts of Eriksen Capital Management LLC (see below).
F2 These securities are owned solely by Tim Eriksen ("Mr. Eriksen")
F3 Represents 198,341 shares owned by Cedar Creek Partners LLC, an investment partnership, for which Eriksen Capital Management LLC ("ECM") is Managing Member, and 28,975 shares owned by managed accounts of ECM. The respective owners of the managed accounts are responsible to vote the shares. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. The number of shares owned by managed accounts of ECM decreased from previous filing due to disposition of Mr. Eriksen's mother's estate.
F4 This Form 4 is filed jointly by ECM, Cedar Creek Partners LLC, and Mr. Eriksen. By virtue of ECM's Investment Advisory Agreement with the clients of ECM, Mr. Eriksen may be deemed to beneficially own the Shares owned by Cedar Creek Partners and the managed accounts.