Ray Michael Bibisi - Jan 10, 2023 Form 4 Insider Report for R F INDUSTRIES LTD (RFIL)

Role
Chief Operating Officer
Signature
/s/ Ray Michael Bibisi
Stock symbol
RFIL
Transactions as of
Jan 10, 2023
Transactions value $
-$410
Form type
4
Date filed
1/12/2023, 08:05 PM
Previous filing
Oct 12, 2022
Next filing
Apr 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RFIL Common Stock Tax liability -$410 -75 -0.62% $5.46 12K Jan 10, 2023 Direct
transaction RFIL Common Stock Award $0 +5.46K +45.49% $0.00 17.4K Jan 11, 2023 Direct

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 RFIL Stock Option (right to buy) Award $0 +10.9K $0.00 10.9K Jan 11, 2023 Common Stock 10.9K $5.59 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 11, 2023, the Board of Directors of the Issuer granted the Reporting Person options to purchase the common stock of Issuer. Provided the Reporting Person is still employed with the Issuer or its subsidiaries on the following dates, the options shall vest over four years as follows: (i) one-quarter of the options shall vest on January 11, 2024; and (ii) the remaining options shall vest in twelve equal quarterly installments over the next three years, commencing with the first quarter following January 11, 2024.