John M. Gebbia - Dec 14, 2022 Form 4 Insider Report for SIEBERT FINANCIAL CORP (SIEB)

Role
Member of 10% owner group
Signature
/s/ John M. Gebbia
Stock symbol
SIEB
Transactions as of
Dec 14, 2022
Transactions value $
$0
Form type
4
Date filed
12/16/2022, 04:15 PM
Next filing
Apr 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SIEB Common Stock, $0.01 par value per share Gift $0 -40K -1.95% $0.00 2.01M Dec 14, 2022 Direct F1
transaction SIEB Common Stock, $0.01 par value per share Gift $0 +80K +210.53% $0.00 118K Dec 14, 2022 See footnote F2
transaction SIEB Common Stock, $0.01 par value per share Gift $0 -100K -0.57% $0.00 17.5M Dec 14, 2022 Control Group F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person gifted 40,000 shares of Issuer common stock to family members included in the Reporting Person's indirect ownership. The Reporting Person disclaims beneficial ownership of such shares of Issuer common stock, except to the extent of the Reporting Person's pecuniary interest therein.
F2 The Reporting Person gifted 40,000 shares of Issuer common stock to family members included in the Reporting Person's indirect ownership. These family members also received a total of 40,000 shares of Issuer common stock in a gift from another family member. The Reporting Person disclaims beneficial ownership of such shares of Issuer common stock, except to the extent of the Reporting Person's pecuniary interest therein.
F3 The Reporting Person is part of a control group consisting of family members of the Reporting Person. Shares of Issuer common stock were gifted to family members of people within the control group, the net effect of which resulted in a decrease of 100,000 shares of Issuer common stock to the control group. The Reporting Person disclaims beneficial ownership of such shares of Issuer common stock, except to the extent of the Reporting Person's pecuniary interest therein.