Raymond Cheung - Aug 4, 2022 Form 4 Insider Report for BEL FUSE INC /NJ (BELFB)

Role
Vice President-Asia Operations
Signature
/s/ Lloyd Jeglikowski, Attorney-in-Fact
Stock symbol
BELFB
Transactions as of
Aug 4, 2022
Transactions value $
-$24,300
Form type
4
Date filed
8/5/2022, 04:39 PM
Previous filing
Nov 17, 2021
Next filing
Aug 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BELFB Class B Common Stock Sale -$24.3K -1K -2.63% $24.30 37K Aug 4, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In connection with a plan restructuring, the stock fund under the Far East Retirement Plan (the "Plan") was eliminated. As a result, the 158 shares of Class A Common Stock and 825 shares of Class B Common Stock the reporting person previously reported as beneficially owned under the Plan were repurchased by the Issuer from the Plan in a transaction exempt pursuant to Rule 16b-3(c).