SEC Form 4 · accession 0001567619-19-000011
SIEBERT FINANCIAL CORP · SIEB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gloria E Gebbia
Director · 10% Owner · Other
Period of report
Dec 28, 2018
Accepted (ET)
Jan 2, 2019 · 1:11 pm 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 shareF2 | Dec 28, 2018 | G | 9,200 | $0.00 | A | 5,888,694 | I | By family |
| Common Stock, $0.01 par value per share | Dec 28, 2018 | G | 28,400 | $0.00 | D | 7,679,400 | D | |
| Common Stock, $0.01 par value per shareF1 | holding | — | — | — | 3,677,283 | I | By KCA |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Reporting Person is the Managing Member of KCA and may be deemed to be the indirect beneficial owner of 3,677,283 shares of Issuer common stock directly owned by KCA. The Reporting Person disclaims beneficial ownership of the shares of Issuer common stock owned by KCA, except to the extent of the Reporting Person's pecuniary interest therein.
- F2The Reporting Person no longer has a reportable beneficial interest in 162,100 shares of Issuer common stock owned by one of the Reporting Person's grandchildren, which was included in the Reporting Person's prior ownership reports. Various family members have received gifts from the Reporting Person; therefore, the Reporting Person may be deemed to be the indirect beneficial owner of a total of 5,888,694 shares of Issuer common stock owned by family trusts and certain family members. 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.