William Conkling - Mar 21, 2024 Form 4 Insider Report for Rafael Holdings, Inc. (RFL)

Role: Chief Executive Officer
Signature: Joyce J. Mason, by Power of Attorney
Stock symbol: RFL
Transactions as of: Mar 21, 2024
Transactions value $: $26,381
Form type: 4
Date filed: 3/25/2024, 09:40 AM
Previous filing: Feb 15, 2024
Next filing: Jun 5, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RFL	Class B Common Stock, par value $.01 per share	Tax liability	$26.4K	+15.5K	+2.98%	$1.71	534K	Mar 21, 2024	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares withheld by the Issuer for tax purposes upon the vesting of Restricted Stock.
F2	Consists of 146,955 shares of stock held directly, 74,205 fully vested shares of Restricted Stock and 312,884 shares of unvested Restricted Stock that vest as follows: 38,983 shares to vest quarterly, June 21, 2024 through September 21, 2025, and 38,986 shares to vest on December 21, 2025; and 10,000 shares to vest on each of October 25, 2024, October 25, 2025, October 25, 2026 and October 25, 2027.

Content

Represents shares withheld by the Issuer for tax purposes upon the vesting of Restricted Stock.

Consists of 146,955 shares of stock held directly, 74,205 fully vested shares of Restricted Stock and 312,884 shares of unvested Restricted Stock that vest as follows: 38,983 shares to vest quarterly, June 21, 2024 through September 21, 2025, and 38,986 shares to vest on December 21, 2025; and 10,000 shares to vest on each of October 25, 2024, October 25, 2025, October 25, 2026 and October 25, 2027.