Steven Rosen - Dec 9, 2021 Form 4 Insider Report for CRAWFORD UNITED Corp (CRAWA)

Role: Director, 10%+ Owner
Signature: /s/ Steven Rosen, by Gregory J. Dziak, his attorney-in-fact, pursuant to Power of Attorney dated December 11, 2019, on file with the Commission
Stock symbol: CRAWA
Transactions as of: Dec 9, 2021
Transactions value $: $2,925
Form type: 4
Date filed: 12/30/2021, 04:35 PM
Next filing: Jan 21, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CRAWA	Class A Common Shares	Options Exercise	$2.93K	+1K	+6.25%	$2.93	17K	Dec 9, 2021	Direct
holding	CRAWA	Class B Common Shares						85K	Dec 9, 2021	See Footnote	F1
holding	CRAWA	Class A Common Shares						302K	Dec 9, 2021	See Footnote	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CRAWA	Stock Option (Right to Buy)	Options Exercise	$0	-1K	-100%	$0.00^*	0	Dec 9, 2021	Class A Common Shares	1K	$2.93	Direct	F2

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

Explanation of Responses:

Id	Content
F1	The securities reported herein include (i) 42,500 Class B Common Shares and 150,964 Class A Common Shares owned directly by Seven Investors, LLC and (ii) 42,500 Class B Common Shares and 150,964 Class A Common Shares owned directly by The LJNP Investment Trust, in each case received as a liquidating distribution from Roundball, LLC. In prior reports, the reporting person reported beneficial ownership of 170,000 Class B Common Shares and 672,407 Class A Common Shares owned by Roundball, LLC. For purposes of the Securities Exchange Act of 1934, the reporting person disclaims beneficial ownership of any securities, except of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or otherwise.
F2	These options became exercisable in equal 33% increments over three years beginning on March 8, 2013.

Content

The securities reported herein include (i) 42,500 Class B Common Shares and 150,964 Class A Common Shares owned directly by Seven Investors, LLC and (ii) 42,500 Class B Common Shares and 150,964 Class A Common Shares owned directly by The LJNP Investment Trust, in each case received as a liquidating distribution from Roundball, LLC. In prior reports, the reporting person reported beneficial ownership of 170,000 Class B Common Shares and 672,407 Class A Common Shares owned by Roundball, LLC. For purposes of the Securities Exchange Act of 1934, the reporting person disclaims beneficial ownership of any securities, except of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or otherwise.

These options became exercisable in equal 33% increments over three years beginning on March 8, 2013.