Howard S. Jonas - Jul 31, 2023 Form 4 Insider Report for Rafael Holdings, Inc. (RFL)

Role
Executive Chairman, Director
Signature
Joyce J. Mason by Power of Attorney
Stock symbol
RFL
Transactions as of
Jul 31, 2023
Transactions value $
$0
Form type
4
Date filed
8/1/2023, 01:00 PM
Previous filing
Jul 13, 2023
Next filing
Aug 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RFL Class A Common Stock, par value $.01 per share Other $0 +787K $0.00 787K Jul 31, 2023 Rafael A Partners, L.P. F1
holding RFL Class B Common Stock, par value $.01 per share 3.23M Jul 31, 2023 By I9 Plus, LLC F2
holding RFL Class B Common Stock, par value $.01 per share 452K Jul 31, 2023 Direct F3
holding RFL Class B Common Stock, par value $.01 per share 778 Jul 31, 2023 Custodial for Daughter (Miriam)
holding RFL Class B Common Stock, par value $.01 per share 98.8K Jul 31, 2023 By The Jonas Foundation
holding RFL Class B Common Stock, par value $.01 per share 2.11K Jul 31, 2023 By IDT Corporation's 401(k) Plan F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Eight trusts, each for the benefit of a child of the Reporting Person, with independent trustees, transferred an aggregate of 787,163 shares of Class A common stock to a limited partnership. The Reporting Person is the sole manager of the sole general partner of the limited partnership, and, therefore, has sole voting and dispositive power over the shares of Class A common stock held by the limited partnership.
F2 Owned by trusts for the benefit of the Reporting Person's children, and managed by Reporting Person's immediate family member.
F3 Consists of 292,555 fully vested restricted shares of stock and 159,575 unvested restricted shares of stock that vest on June 13, 2024.
F4 As of July 31, 2023.