SEC Form 4 · accession 0001019056-18-000163
SIEBERT FINANCIAL CORP · SIEB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gloria E Gebbia
Director · 10% Owner
Period of report
Jan 18, 2018
Accepted (ET)
Jan 22, 2018 · 10:54 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000065596
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.01 par value per shareF1 | Jan 18, 2018 | J | 980,000 | — | A | 3,586,337 | D | |
| Common Stock, $0.01 par value per shareF1 | Jan 18, 2018 | J | 2,000,000 | — | D | 18,190,795 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Effective January 18, 2018, Kennedy Cabot Acquisition, LLC ("KCA") completed a distribution to its members, pro-rata without consideration, of 2,000,000 shares of Issuer common stock. The Reporting Person received 980,000 shares based upon her ownership of KCA class A member interests. The Reporting Person is the managing member of KCA and may be deemed to be the indirect beneficial owner of 12,987,283 shares of Issuer common stock directly owned by KCA. The Reporting Person may also be deemed to be the indirect beneficial owner of a total of 5,203,512 shares of Issuer common stock owned by a family trust and certain family members.