Thomas A. Satterfield Jr - Jul 7, 2022 Form 4 Insider Report for ARK RESTAURANTS CORP (ARKR)

Role
10%+ Owner
Signature
/s/ Thomas A. Satterfield, Jr.
Stock symbol
ARKR
Transactions as of
Jul 7, 2022
Transactions value $
$1,372,709
Form type
4
Date filed
7/11/2022, 04:10 PM
Previous filing
Jun 28, 2022
Next filing
Aug 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARKR Common Stock Purchase $247K +13.7K +16.27% $18.05 97.9K Jul 7, 2022 By family members and related entities F1, F2
transaction ARKR Common Stock Purchase $95.5K +5.07K +5.18% $18.85 103K Jul 8, 2022 By family members and related entities F3, F4
transaction ARKR Common Stock Purchase $142K +7.5K +21.43% $18.90 42.5K Jul 8, 2022 By Tomsat Investment & Trading Co., Inc.
transaction ARKR Common Stock Purchase $304K +16K +13.22% $18.97 137K Jul 8, 2022 By A.G. Family L.P. F5
transaction ARKR Common Stock Purchase $459K +24.1K +17.57% $19.08 161K Jul 8, 2022 By Caldwell Mill Opportunity Fund
transaction ARKR Common Stock Purchase $125K +6.5K +17.57% $19.29 43.5K Jul 8, 2022 Direct F6, F7
holding ARKR Common Stock 1K Jul 7, 2022 By spouse
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $17.50 to $18.64. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F2 The reporting person has been granted limited powers of attorney to exercise voting and dispositive power with respect to these securities.
F3 The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $18.76 to $18.90. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F4 The reporting person has been granted limited powers of attorney to exercise voting and dispositive power with respect to the securities held by the following parties: the reporting person's father (22,500 shares); the reporting person's brother (11,000 shares); the reporting person's sister (25,000 shares); the reporting person's brother-in-law (8,000 shares); Rita Phifer (10,000 shares); the reporting person's second brother-in-law (4,000 shares); the reporting person's nephew (2,000 shares); a trust for the reporting person's granddaughter (1,450 shares); a trust for the reporting person's second granddaughter (500 shares); the reporting person's step-sister (2,500 shares); the reporting person's second step-sister (2,000 shares); the reporting person's third step-sister and spouse (7,000 shares); the reporting person's fourth step-sister and spouse (4,000 shares); and the reporting person's fifth step-sister and spouse (3,000 shares).
F5 The reporting person controls the general partner of the partnership that owns the reported securities.
F6 The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $19.24 to $19.30. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F7 Includes 7,500 shares held jointly with the reporting person's spouse.

Remarks:

Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that the reporting person is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any equity securities included herein in excess of the reporting person's pecuniary interest in such equity securities.